Kelvin asked about Car Insurance
about 1 year ago
If I buy a used car with only 2 or 3 months COE left? Will I be able to get car insurance? As I know most car insurance firms sell car insurance at a minimum of 1 year or 7 months duration.
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1 Answer
Hi Kelvin, thank you for your question.
Car insurance is mandatory in Singapore and you may need to have one while the car ownership changes hand.
The shortest term of insurance we have seen in Singapore is offered by DirectAsia. You can reduce your policy length but to a minimum of seven months only. I suggest to call them directly for further assistance.
You can also check out this article: https://www.moneysigma.com/sg/blog/temporary-or-short-term-car-insurance-in-singapore/ for more details.