AIG Car Insurance review

Unlimited use of a courtesy car, and a flexible policy excess, are among the benefits of choosing AIG.

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AIG

If you’re after car insurance that offers comprehensive protection for you and your vehicle, you may find that a policy with AIG works for you. AIG is one of Singapore’s best-known car insurance providers, and makes hundreds of pay-outs each day across the country.

Read on to find out about AIG’s three types of car insurance, along with some common exclusions to watch out for.

Finder does not currently have access to this car insurance provider. Please review the product details, application criteria and terms and conditions on the provider website if you are considering applying for this product.

Compare AIG car insurance plans

Name Product Accidental Damage Roadside Assistance New Car Replacement Fire and Theft Guarantee on Repairs
AIG AutoPlan Car Insurance
S$5,000,000
No
Yes
Yes
Lifetime repair guarantee
Receive 500 KrisFlyer Miles when you renew your car insurance policy online. T&Cs apply. Ends 30 September 2020.
AIG AutoValue Car Insurance
S$5,000,000
No
No
Yes
Lifetime repair guarantee
Receive 500 KrisFlyer Miles when you renew your car insurance policy online. T&Cs apply. Ends 30 September 2020.
AIG AutoPlus Car Insurance
S$5,000,000
Yes
Yes
Yes
Lifetime repair guarantee
Receive 500 KrisFlyer Miles when you renew your car insurance policy online. T&Cs apply. Ends 30 September 2020.
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What policies are available?

AutoPlus

AIG’s most comprehensive plan offer the most protection against a range of eventualities, which include: damage to or loss of your vehicle after an accident; fire, theft, civil unrest or natural disasters such as floods or windstorm damage. It’ll also offer you cover if you cause damage to other people and/or their property and includes legal charges. You’ll also get unlimited loss of use cover, so that you can keep driving for as long as your car’s being repaired.

AutoPlan

This cover also gives comprehensive cover, which means you’re protected if you lose your vehicle or it’s damaged or destroyed following an accident, fire, theft civil unrest or natural disasters such as floods or windstorm damage. Plus, it gives you cover if you cause damage to other people and/or their property and includes legal charges.

AutoValue

AIG’s AutoValue plan also gives the same cover as AutoPlus and AutoPlan as listed above. But this more basic range of cover won’t give you a replacement car if your vehicle is damaged beyond repair. You’ll also have to commit to getting your car repaired at an AIG authorised workshop.

AIG Car Insurance levels of cover

  • New replacement car – available if your car’s destroyed and it was less than three years old
  • Repairs at a workshop of your choice (if you’re car is less than three years old)
  • Towing and roadside assistance, 24/7
  • Cover of up to S$500 per accident for towing costs
  • Waiver on accident repairs excess, of up to S$1,000
  • Loss of keys – up to S$800 of cover if you need to replace your vehicle’s security (a S$50 excess applies)
  • Unlimited windscreen replacement cover (a S$100 excess applies)
  • Up to S$50,000 in personal accident cover
  • S$10,000 in personal accident cover per passenger
  • S$500 in medical expenses cover per passenger
  • Unlimited legal liability to your passengers
  • Unlimited cover for third-party liability due to negligence of your passengers
  • new replacement car – available if your car’s destroyed, and it was less than three years old
  • Repairs at a workshop of your choice
  • Cover of up to S$300 per accident for towing costs
  • Up to S$30,000 in personal accident cover
  • S$500 in medical expenses cover per passenger
  • S$10,000 in personal accident cover per passenger
  • Unlimited legal liability to your passengers
  • Unlimited cover for third-party liability due to negligence of your passengers
  • Repairs at AIG authorised workshops only
  • Cover of up to S$500 per accident for towing costs
  • S$500 in medical expenses cover per passenger
  • S$10,000 in personal accident cover per passenger
  • Up to S$30,000 in personal accident cover
  • Unlimited legal liability to your passengers
  • Unlimited cover for third-party liability due to negligence of your passengers

What add-ons are available with AIG?

There are a number of add-ons with AIG that can give you more peace of mind before you drive. These include:

  • No claims discount protector – if you have a 50% no claims discount, you’ll keep this rate even if you one claim before your next renewal (not included if you choose the AutoValue plan).
  • Flexible policy excess – your excess is what you need to pay towards a claim you make on your policy. AIG lets you increase or decrease your excess. Just make sure you’re able to pay the up-front cost if you decide to increase your excess.
  • Drive a courtesy car for as long as your vehicle is being repaired (only an option if you have the AutoPlus plan).
  • Age condition – get a lower premium if you agree not to add younger drivers to your insurance.

What won’t be covered?

Each provider has a list of exclusions and that’s no different for a AIG Car Insurance policy. These include the following events:

  • Your car was being driven by an unlicensed driver, or someone whom the insurer has declined to cover
  • Your car was being driven by someone who was under the influence of alcohol or drugs
  • Your vehicle was carrying more people, or a larger load than the legal limit
  • Your car was being driven while in an unsafe or un-roadworthy condition
  • Your car was being used to carry passengers for business purposes
  • Your car is being used for purposes of racing
  • Your vehicle was subjected to a deliberate, intentional, malicious or criminal act by you, anyone person driving your car, or anyone else acting with your consent
  • It is for any loss of use of your vehicle
  • It results from the lawful seizure of your vehicle
  • It is for loss or damage that occurs after an accident, theft or breakdown unless you have taken reasonable steps to protect your vehicle

What excess will I be charged?

You’ll have to pay an inexperienced driver’s excess of S$3,210 if you (or another driver in your car) are below the age of 23 or/and have less than two years’ driving experience. That’s in addition to AIG’s standard excess. Your standard excess payment will vary depending on which of AIG’s three plans you choose. Its AutoPlus plan waives up to S$1,000 for your repair excess for your first claim at an authorised workshop.

With AIG, you could also be rewarded with up to S$1,000 in excess waivers if you share your in-car camera accident video footage.

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