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AIG Car Insurance Singapore Review (2020)

AIG car insurance offers some of the more established plans in Singapore.

Some of its unique offerings are: courtesy car for an unlimited time, and roadside assistance for minor inconveniences.

Let’s read on to see the full benefits of AIG car insurance.

Overview of AIG car insurance plans

AIG AutoValueAIG AutoPlanAIG AutoPlus
Choice of workshopAIG authorised workshops onlyAnyDealer’s or AIG authorised workshops for cars 3 years old or newer

AIG authorised workshops for cars above 3 years old

Replacement carNoneFor cars up to 3 years old and damaged beyond economical repairFor cars up to 3 years old
Excess waiverNoneNoneUp to $500 / $1,000 (depending on NCD)
Courtesy carOptional add-onOptional add-onYes
Roadside assistance to fix minor problems, such as a flat tire, anywhere in SingaporeNoneNoneYes

AIG only offers comprehensive car insurance. It doesn’t offer TPO (third party only) or TPO, fire & theft. However, there are three tiers of comprehensive car insurance: AutoValue, AutoPlan and AutoPlus.

The cheapest is the AIG AutoValue plan, which is the most basic among the three, offering third party damages, car loss or damage, personal accident benefits, as well as car towing and repairs. But repairs are restricted to AIG authorised workshops.

AIG AutoPlan offers more coverage in terms of repair at any workshop of your choice. It also has a replacement car benefit for cars under 3 years old. Additionally, AIG will replace the car if it is damaged beyond repair.

The most premium of all is AIG AutoPlus, which includes even more perks and benefits. There is a courtesy car included for free for an unlimited time if the car is stuck at the workshop. The plan allows the insured to waive excess for free, capped at $1,000 for 50% NCD, up to $500 below 50% only for the first claim of the policy period of insurance. There’s also free roadside assistance which you can call upon to help with even tasks like changing a tyre.

Find out more about AIG Car Insurance

AIG car insurance add-ons to choose from

To boost coverage, AIG car insurance offers some add-ons. You can pay extra to protect your no-claim discount, or request for a courtesy car, which provides peace of mind when your car is in a workshop under repair.

NCD Protector: For policyholders with 50% NCD, you can add on an NCD Protector to maintain the discount when a claim is made. For the higher-tier plans, the NCD Protector is free upon renewal.

Courtesy car: Most insurers offer daily transport allowance when the car is being repaired, but you may add on to pay for a courtesy car service for AutoValue and AutoPlan policies. It’s included for AutoPlus. The courtesy car will be delivered to you and you can have unlimited use of it until the insured car is back from the workshop. The add-on cost varies depending on the size and type of courtesy car.

Get cheaper car insurance with AIG car insurance

AIG is an established provider, and its comprehensive insurance plans are more expensive than others in the market. But there are ways to make premiums cheaper.

Like all insurers, AIG rewards safe drivers by giving a No-Claim Discount (NCD). For every year that the policyholders are accident-free, AIG will add a 10% discount to the NCD, to a maximum of 50%.

Here are other ways to make AIG car insurance more affordable:

Name of discountDiscount amount
Flexible excessIncrease excess as high as $3,000 to get cheaper premiums
Age condition policyLimit your policy to drivers aged 30, 35 or 40 years and up for cheaper premiums
TelematicsVaries. AIG will evaluate driving behaviour and safer drivers will earn discounts off their AIG auto insurance premiums on top of NCD
In-car camera footageLower your excess payments by up to S$1,000 when sharing in-car camera’s accident footage with AIG
First claim excess waiver for AutoPlus policyholders100% waiver up to $1,000 for NCD50 policyholders. 50% waiver up to $500 for policyholders with NCD less than 50%

As you can tell, there are a few ways to make your car insurance more affordable when you are insured with AIG.

The age condition policy can make AIG more value-for-money for seasoned drivers, but this also means that you cannot freely offer your car to be driven by young or inexperienced drivers at anytime.

| Read: Everything You Need To Know About Car Insurance in Singapore |

Should you choose AIG car insurance?

If you are budget conscious, AIG car insurance may not allow you the flexibility to make premiums cheap. But if you want a well-established insurer, AIG car insurance is a good option.

AIG AutoPlus insurance plans are upmarket plans that offer peace of mind in unexpected circumstances, and even for minor inconveniences like a flat tyre. Simply call the AIG car insurance Singapore hotline, and they will send roadside assistance.

The courtesy car benefit, which is for an unlimited time, is a great perk. It really sets one’s mind at ease when the insured car is at the workshop.

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