What this cover is about
Third-Party Only is the baseline cover the law requires before any car can legally be on a Singapore road. It pays for your liability to other people — injury to them and damage to their property — when an accident is your fault. It does nothing for your own car.
It is really only sensible on a low-value car near the end of its life: an old runabout with a COE close to expiry, where the car is worth so little that paying to repair it yourself, or simply scrapping it, costs less than the extra premium for fire, theft and own-damage cover.
For almost everyone else, TPFT or comprehensive is the better value once you account for the real cost of replacing or repairing your own car. We will tell you honestly when third-party is the right call and when it is a false economy — we would rather lose the upsell than leave you under-covered.
Who it suits
Drivers of an old runabout in its final COE years, where the car simply is not worth insuring for own damage.
