You Can Now Buy Car Insurance In Singapore Via An App

Bubblegum has launched a car insurance platform designed to give consumers competitive pricing without trade-offs. Backed by MoneySmart, Southeast Asia’s leading personal finance marketplace, Bubblegum is a digital insurance platform that challenges the status quo by redefining value and setting new benchmarks for the insurance industry.

Bubblegum aims to tackle these pain points – transparency, simplicity and ease of claims. A digital-first platform, Bubblegum enables consumers to purchase, manage and claim online in an app-based experience. Terms and conditions for its policies are transparent and simple and upfront.

Bubblegum is aimed at the younger generation of digital natives who prefer to do their own research on sites like MoneySmart and want a seamless digital experience instead of having to talk to an insurance agent.

According to Bubblegum, interest in cars remains strong in Singapore regardless of the economic backdrop. Bubblegum’s car insurance offers value for money, translating to nearly S$300 in savings compared to competitor policies with similar features. These include lower-priced benefits such as going to any workshop of your choice, on top of all the protection car owners expect from their insurance like third-party liability, fire damage and theft, and personal accident coverage for you and your passengers.

Beyond the competitive premiums, Bubblegum sets a new benchmark for Singapore’s car insurance market by offering the country’s first-ever engine and gearbox malfunction coverage, up to $5,000, without prior inspection required.

Even new cars are not spared from engine and gearbox troubles, which amount to costly repairs. Bubblegum’s coverage of engine and gearbox malfunction gives drivers added peace of mind, not presently available with other comparable policies.