Insurance

Commercial vehicle insurance in Singapore has more moving parts than a personal motor policy — goods-in-transit cover, no-claims discount rules after an at-fault accident, and the third-party-versus-comprehensive call on an ageing fleet all work differently. This section covers what commercial motor insurance actually includes and excludes, when goods-in-transit insurance is a separate requirement rather than a nice-to-have, how your no-claims discount is affected after an at-fault claim, and how to decide between third-party and comprehensive cover as your fleet ages and vehicle values drop.