Excess is the amount that you are responsible to first pay for upon a claim, before FWD covers further costs. These are the different types of excess for FWD Motorcycle insurance:
- Standard excess of S$500 for FWD premium workshops
- Standard excess of S$1,000 for any workshop of your choice
- An additional $500 excess each time your car is accidentally damaged by a rider under 22 years old
- Standard excess or young rider excess will not be applicable when the loss or damage is due to fire or theft. However, if your motorcycle is stolen outside of Singapore, you will have to pay an amount equal to 50% of the market value of your motorcycle, up to a maximum of S$2,500