Our house special

Commercial vehicle insurance that saves you money every year — not just year one.

商用车保险 · 年年为您省钱

Commercial vehicle insurance — also called commercial motor insurance — is our house specialty. When you bought your van or lorry, chances are nobody shopped around for your insurance — least of all the person selling it with the vehicle. We do the shopping, the negotiating, and the renewing. You do the driving.

WhatsApp your log card for a quote →

Special insurer discount

We place a large volume of commercial vehicle policies, so insurers give us rates that aren't available walking in the front door. That discount is yours.

Agency discount on top

On top of the insurer's rate, we add our own agency discount to bring new customers on board. Two discounts, stacked, before you've paid a cent.

Renewal negotiation, every year

Premiums love to creep up at renewal. Every year, we go back to the insurer and negotiate on your behalf — you'd be surprised how often "final" pricing isn't.

One log card. That's the whole form.

  1. 1 Attach your vehicle log card — PDF preferred, or just take a photo — and WhatsApp it to 8832 1392. That's all we need.
  2. 2 We read it and check your NCD ourselves — our system verifies it directly, no paperwork, no proof needed.
  3. 3 Quote lands back in your chat. Like it? We bind cover and you get on with your day.
Send your log card by WhatsApp →
Electrician loading his van at an HDB loading bay in morning light

Good to know before you buy.

Straight answers from our motor FAQ — the full list is on the FAQ page.

Why is The Insurance Exchange price so attractive? Is there a catch?
At The Insurance Exchange, our prices are attractive because we’re a large volume producer for insurance companies. This allows us to negotiate better deals with insurers and offer you lower premiums. On top of that, we provide additional discounts to help bring new customers on board, ensuring you save money not just now, but for years to come.
Yes, we do earn commissions, but our focus is on long-term savings for our clients. With our expertise, you get the best rates without sacrificing quality or service. And, of course, switching insurers is easy, with your No Claims Discount (NCD) fully transferable.
There’s no catch—just transparent savings and great service!
What is an insurance Motor Excess?
An insurance Motor Excess is the amount you must pay out of pocket when you make a claim for own damage to your vehicle (such as an accident you are responsible for). It’s your contribution towards the cost of the repairs before the insurer covers the rest.
For example, if your excess is $600 and the repair costs after an accident are $2,000, you’ll pay the first $600, and the insurer will cover the remaining $1,400.
Excess amounts can vary depending on factors like the driver’s age, experience, or specific conditions in your policy. Remember, this only applies to own damage claims—other types of claims, such as third-party liability, may have different rules or no excess at all.
Always check your policy to understand what excess applies to your coverage.
If I change insurer, can my NCD be transferred?
Yes! Your No Claims Discount (NCD) will transfer with you when you switch insurers. The great news is we can verify your NCD ourselves, so there’s no need to provide proof.
This means you can switch to us without any hassle, and your NCD will be applied to your new policy, helping you continue saving on your premiums.
Whats the difference between "Approved Workshops" and "Any Workshops" Plan?
Approved Workshops: repairs happen at your insurer's panel workshops, which double as accident reporting centres — report and repair in one stop. Because insurers partner with these workshops, the plan is cheaper, and for most commercial vehicles it's all you need. Any Workshops: you choose where to repair, including workshops outside the panel. That freedom suits specialised or high-end vehicles, but you pay a noticeably higher premium for it. Our advice for most vans and lorries: take Approved and keep the savings.

Reviews from real bosses.

★★★★★

“Dear leaders and staff of the insurance company: The Insurance Exchange Agency Pte Ltd Hello! I would like to take this opportunity to express my sincere gratitude and high recognition for your company's high-quality service. As a customer of your company, I have deeply felt the professional, efficient and considerate service attitude in the process of handling insurance-related business. First of all, your company's staff is warm and thoughtful. Every time I consult, they can patiently and carefully answer my questions and provide professional advice to help me better understand insurance products and claims procedures. This meticulous service makes me feel very reassured and trustworthy. Secondly, your company is extremely efficient in handling business. Whether it is policy handling, renewal reminders, or claims applications, the entire process is clear and transparent, and the processing speed is also very fast. It is truly customer-centric and reassuring. In addition, the attitude of your company's customer service team is even more commendable. Whenever you consult, you can get a timely response, and you always remain patient and polite during the communication process, showing a high level of professionalism and responsibility. In today's society, high-quality customer service is an important cornerstone of corporate development, and your company has undoubtedly done an excellent job in this regard. I am willing to recommend your company's insurance services to my friends and family, and look forward to continuing to enjoy such high-quality protection and services in the future. Thanks again to all the staff of your company, and I wish your company's business will prosper and provide more customers with safe and professional insurance services! Thank you so much !!”

Krister Asia
a year ago · Google
★★★★★

“I accidentally overlooked my vehicle insurance renewal, and by the time I contacted The Insurance Exchange at 5:24 PM, I was expecting delays or complications. To my surprise, they managed to get everything done in less than 20 minutes! Their efficiency and professionalism exceeded my expectations. I was also able to renew my road tax online without any issues. Truly outstanding service—highly recommended!”

Mandy Lam
a year ago · Google
★★★★★

“The communication pertaining to our company motor insurance with Olivia Hong was excellent throughout the entire process. She was prompt in responding to my queries and kept me informed every step of the way. Highly recommended her agency for your insurance needs.”

Doris Wong
a year ago · Google
★★★★★

“I recently bought motor insurance online from THE INSURANCE EXCHANGE and the entire process was surprisingly smooth and user-friendly. It took less than an hour to complete the entire process, from enquiry to finalisation. I am very appreciative of the salesman Mr Herbert Chan for his clear explanations for the procedure which allowed me to complete everything so promptly. 10/10 recommended”

Tony Teo
2 years ago · Google
★★★★

“We had an efficient and great experience with This insurance company. Every requirement is so simple n fast, will recommend to our clients n friends”

Dickson Lim
a year ago · Google
★★★★★

“Herbert was extremely helpful and efficient. Explained all the terms and got the insurance done within minutes. Thank you so much.”

jayanthi manian
2 years ago · Google
★★★★★

“Smooth and easy process renewing my vehicle insurance. Excellent service by Herbert.”

Cindy Iyo
2 years ago · Google
★★★★★

“The brothers running the agency are conscientious and share a keen eye for detail. I think this is important. Communication is trustworthy and dealings are smooth and efficient. I recommend.”

Gurjeet Mark S
3 years ago · Google
★★★★★

“One of the best Customer Service I ever had. Herbert Chan was calm and patient answering all my queries. Kudos to Herbert!!”

Kelvin Lye
3 years ago · Google
★★★★★

“Reasonable price, quotation price even lower than my previous insurance agent.”

Tm tm Cy
2 years ago · Google
★★★★★

“Fuss free and quick service. Helped us save on our renewal. Thanks!”

Jolin Zhou
3 years ago · Google
★★★★★

“Great price. Fast response. Highly recommended”

Michelle Y
a year ago · Google
★★★★★

“Excellent service, quick response. Well recommended. Keep up the good service. Thank you.”

Philip Ng
3 years ago · Google
★★★★★

“Awesome Co with effective system. Simple to read and great cost saving !! Highly recommended 👍 …”

Jasmine Lim
3 years ago · Google
★★★★★

“Very helpful and knowledgeable staff! highly recommend”

Roy Green
2 years ago · Google
★★★★★

“Cheaper than other insurance companies and they bother to pick up the phone whenever I call.”

Muhd Khalis Izwan Shah
3 years ago · Google
★★★★★

“Great insurance service for commercial vehicles”

Francis Hum
3 years ago · Google
★★★★★

“Very efficient and good service.”

Esther Zhuo
2 years ago · Google
★★★★★

“Reliable and excellent service!”

Enon Salleh
3 years ago · Google
★★★★★

“Excellent Customer Service”

Dragon Chia
2 years ago · Google
★★★★★

“Good Service”

keng chua
a year ago · Google
★★★★★

“Great experience and service”

alan ong
3 weeks ago · Google
★★★★★

“Very good service! 👍👍 Even though I contacted them at the last minute to renew my insurance, they followed up on everything from the morning until it was completed. Throughout the whole process, they were patient, professional, and never showed even the slightest sign of impatience. Excellent customer service. Highly recommended! ⭐⭐⭐⭐⭐”

Angel Goh
2 months ago · Google
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