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Commercial vehicle insurance

Does commercial vehicle insurance cover young or new drivers?

Yes, at a cost. India International adds a S$2,500 excess on a claim with a driver under 21, over 75 or licensed for under 2 years. Etiqa sells online only for a main driver aged 27 to 75 and adds S$4,000 for other young or new drivers. Budget Direct quotes a main driver aged 25 to 70 and covers named drivers only.

The figures

  • Insurers compared: 3.
  • Insurers whose plans include it: 3, 3 of them with limits.

What each insurer says

What we hold of each insurer's plans on this question: the benefits in our rate tables and the insurer's own brochure or application form. The price is India International’s, for a Toyota van, lorry or pickup carrying under 1 ton (2,600 kg laden, 1,700 kg unladen), made 3 years ago, with 0% NCD and no claims.
InsurerCovered?What its details sayA year
India InternationalYes, with limitsCommercial Vehicle Third Party Only, S$1,141.11Buy NowYes, with limits
A driver under 21, over 75 or licensed for under 2 years carries an extra S$2,500.00 excess on a claim.
S$1,141.11
Budget DirectYes, with limitsQuoted live: see its price with your own vehicle on our commercial vehicle page. Get its priceYes, with limits
Its online quote takes a main driver aged 25 to 70, licensed for 2 years or more; only the main driver and up to 9 named drivers are covered.
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EtiqaYes, with limitsQuoted live: see its price with your own vehicle on our commercial vehicle page. Get its priceYes, with limits
Etiqa sells online only when the vehicle’s main driver is aged 27 to 75 with at least 2 years’ licence; any other driver under 27, over 75 or licensed for under 2 years carries an extra S$4,000 own-damage excess on a claim.
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All prices include 9% GST. A dash means no price on this page. Each insurer's policy wording is the final word on what is covered.

Only India International is priced on this page, from the table swept off its own buy page. Etiqa and Budget Direct quote live from their own sites with your answers, so they have no price here: see theirs with your own vehicle on our commercial vehicle page, or press Ask Shenton to arrange.

See every insurer's price for your own vehicle, or ask us to arrange the cover.

Compare commercial vehicle insurance

Questions people ask

Does commercial vehicle insurance cover young or new drivers?

Yes, at a cost. India International adds a S$2,500 excess on a claim with a driver under 21, over 75 or licensed for under 2 years. Etiqa sells online only for a main driver aged 27 to 75 and adds S$4,000 for other young or new drivers. Budget Direct quotes a main driver aged 25 to 70 and covers named drivers only.

Where do these answers come from?

From what we hold of each insurer's plans: the benefits in our rate tables and the insurers' own brochures and application forms, for 3 insurers. Where an insurer's details do not say, we say so. The policy wording is the final word on what is covered.

Why is only one insurer priced?

Only India International is priced on this page, from the table swept off its own buy page. Etiqa and Budget Direct quote live from their own sites with your answers, so they have no price here: see theirs with your own vehicle on our commercial vehicle page, or press Ask Shenton to arrange.