FWD Car Insurance HK FWD Hong Kong
HK$2800 /year
- Cover Type: Comprehensive
- From (annual): From HKD 2,800/year
- NCD Bonus: Up to 60%
- Key Feature: Online claims process
Compare Auto Insurance in Hong Kong
Motor insurance in Hong Kong is provided by 1 insurer spanning third-party, third-party fire & theft and comprehensive policies. Compare the excess and any courtesy-car provisions alongside the premium — the cheapest policy often carries the highest excess, which can make minor claims uneconomical.
Compare the top 14 Hong Kong auto insurance providers, with premiums from HK$2800 /year. Data current as of 23 October 2026 and updated daily from the Giraffy database.
Live offers
18 live offers compared from 14 providers, from HK$2800 /year. Updated daily.
QBE Motor Insurance HK QBE Insurance HK
HK$2800 /year
- Cover Type: Comprehensive
- From (annual): From HKD 2,800/year
- NCD Bonus: Up to 60%
- Key Feature: Affordable motor cover
AXA Car Insurance HK AXA Hong Kong
HK$3000 /year
- Cover Type: Comprehensive
- From (annual): From HKD 3,000/year
- NCD Bonus: Up to 60%
- Key Feature: No-claim bonus protection
BOCHK Motor Insurance Bank of China HK
HK$3000 /year
- Cover Type: Comprehensive
- From (annual): From HKD 3,000/year
- NCD Bonus: Up to 60%
- Key Feature: Bank-backed insurer
Manulife Motor Insurance HK Manulife HK
HK$3000 /year
- Cover Type: Comprehensive
- From (annual): From HKD 3,000/year
- NCD Bonus: Up to 60%
- Key Feature: Flexible policy terms
MSIG Motor Insurance HK MSIG HK
HK$3000 /year
- Cover Type: Comprehensive
- From (annual): From HKD 3,000/year
- NCD Bonus: Up to 60%
- Key Feature: Trusted motor cover
Zurich Motor Insurance HK Zurich Hong Kong
HK$3000 /year
- Cover Type: Comprehensive
- From (annual): From HKD 3,000/year
- NCD Bonus: Up to 60%
- Key Feature: 24/7 breakdown assistance
AIA Motor Insurance HK AIA HK
HK$3200 /year
- Cover Type: Comprehensive
- From (annual): From HKD 3,200/year
- NCD Bonus: Up to 60%
- Key Feature: Courtesy car provided
Hang Seng Motor Insurance HK Hang Seng Bank
HK$3200 /year
- Cover Type: Comprehensive
- From (annual): From HKD 3,200/year
- NCD Bonus: Up to 60%
- Key Feature: Bank partner insurer
Prudential Motor Insurance HK Prudential HK
HK$3200 /year
- Cover Type: Comprehensive
- From (annual): From HKD 3,200/year
- NCD Bonus: Up to 60%
- Key Feature: New-for-old replacement
FWD Motor Insurance HK FWD Hong Kong
HK$3200 /year
- Cover Type: Comprehensive
- From (annual): From HKD 3,200/yr
- NCD Bonus: Up to 50% NCD
- Key Feature: FWD — digital claims; lowest entry price in HK motor
AIG Motor Insurance HK AIG Hong Kong
HK$3500 /year
- Cover Type: Comprehensive
- From (annual): From HKD 3,500/year
- NCD Bonus: Up to 60%
- Key Feature: Agreed value option
HSBC Motor Insurance HK HSBC Life HK
HK$3500 /year
- Cover Type: Comprehensive
- From (annual): From HKD 3,500/year
- NCD Bonus: Up to 60%
- Key Feature: HSBC client benefit
AIG MotorCare HK AIG Hong Kong
HK$3500 /year
- Cover Type: Comprehensive
- From (annual): From HKD 3,500/yr
- NCD Bonus: Up to 50% NCD
- Key Feature: AIG — US brand; strong third-party liability; 24h assistance
AXA SmartDrive HK AXA Hong Kong
HK$3800 /year
- Cover Type: Comprehensive
- From (annual): From HKD 3,800/yr
- NCD Bonus: Up to 60% NCD
- Key Feature: AXA — SmartDrive app; telematics discount; HK leader
SC Motor Insurance HK Standard Chartered HK
HK$3900 /year
- Cover Type: Comprehensive
- From (annual): From HKD 3,900/yr
- NCD Bonus: Up to 50% NCD
- Key Feature: SC — SC clients; integrated with SC app; free legal assistance
Chubb Motor Insurance HK Chubb Insurance HK
HK$4000 /year
- Cover Type: Comprehensive
- From (annual): From HKD 4,000/year
- NCD Bonus: Up to 60%
- Key Feature: Luxury car specialist
Zurich Motor Insurance HK Zurich Hong Kong
HK$4200 /year
- Cover Type: Comprehensive
- From (annual): From HKD 4,200/yr
- NCD Bonus: Up to 60% NCD
- Key Feature: Zurich — Swiss heritage; strong total-loss + depreciation waiver
What is Auto Insurance in Hong Kong?
Auto insurance covers your car against liability, accident damage and theft. In Hong Kong at least third-party motor insurance is compulsory by law before a vehicle can be driven, covering injury and damage you cause to others. Comprehensive policies add cover for your own vehicle, fire, theft and windscreen. Given high vehicle values and dense traffic, most owners choose comprehensive cover, sold as annual policies by general insurers and banks.
How the Hong Kong market works
General insurers underwrite motor cover: AIG Hong Kong, AXA Hong Kong, FWD Hong Kong and Zurich Hong Kong are prominent, with AIA HK and banks such as Bank of China (Hong Kong), Hang Seng Bank and HSBC distributing policies. Premiums reflect the car value, driver record, no-claims discount and use. Third-party cover is the legal minimum; comprehensive is standard for financed or valuable cars. Named-driver and any-driver options affect pricing.
Benefits
Legal compliance — third-party cover satisfies the compulsory insurance requirement to drive legally.
Own-damage protection — comprehensive pays to repair your car after an accident.
Theft and fire — covers loss of the vehicle to theft or fire on comprehensive plans.
No-claims discount — years without a claim earn a growing premium reduction.
Roadside assistance — many comprehensive plans add breakdown help and emergency support as standard or an option.
How to choose
Decide between third-party (legal minimum) and comprehensive (broader) cover. Compare the premium, the excess, the no-claims discount protection, and whether the sum insured matches the car market value. Check named versus any-driver terms, windscreen and roadside-assistance inclusions, and exclusions for young or inexperienced drivers. A higher excess lowers the premium but raises your out-of-pocket cost at claim time.
Leading providers in Hong Kong
AIG Hong Kong, AXA Hong Kong, Zurich Hong Kong and FWD Hong Kong are among the main motor insurers, competing on comprehensive cover, service and digital quotes; AIA HK and the major banks Bank of China (Hong Kong), Hang Seng Bank and HSBC distribute policies to their customers. Because excess levels and add-ons vary, compare the full policy terms rather than the headline premium.
What it costs
Comprehensive premiums for a private car broadly range from around HK$2,800 to HK$4,200 a year, varying with the vehicle value, engine size, driver age and record, and no-claims discount. Third-party-only cover is cheaper but leaves your own car unprotected. High-performance cars, young drivers and past claims raise the price; a strong no-claims record and higher excess reduce it.
Protections and regulation
Motor insurers are authorised and supervised by the Insurance Authority (IA). Compulsory third-party cover is mandated under the Motor Vehicles Insurance (Third Party Risks) Ordinance, and the Motor Insurers Bureau provides a safety net for victims of uninsured or untraced drivers. Claim disputes can go to the Insurance Complaints Bureau. Driving without valid third-party insurance is a criminal offence.
Common questions
Is insurance compulsory? — Yes; at least third-party motor cover is legally required to drive.
Third-party or comprehensive? — Third-party meets the law; comprehensive also repairs your own car and covers theft and fire.
How does the no-claims discount work? — Each claim-free year builds a discount that lowers your renewal premium.
What if I hit an uninsured driver? — The Motor Insurers Bureau provides a safety net for victims of uninsured or untraced drivers.
Can I add a named driver? — Yes; named-driver policies are usually cheaper than any-driver cover, but only listed drivers are insured.
The cheapest Car Insurance in Hong Kong is HK$2800 /year from FWD Hong Kong.
Car Insurance in Hong Kong — FAQ
What is the cheapest car insurance in Hong Kong?
Giraffy tracks 18 car insurance products across 14 insurers in Hong Kong. The lowest tracked price is HK$2800 /year. Your individual premium depends on your vehicle, driving history, and location — comparing quotes regularly is the most effective way to cut costs.
What is the difference between third-party and comprehensive car insurance?
Third-party cover is the minimum legal requirement in most markets — it pays for damage you cause to other vehicles and people but not your own car. Comprehensive cover includes damage to your own vehicle regardless of fault — and is often only marginally more expensive than third-party cover.
What factors affect my car insurance premium?
Key factors include: age and driving experience, claims history and no-claims bonus, vehicle make, model, and engine size, annual mileage, where you park overnight, postcode, and whether you add named drivers. Younger drivers typically pay more due to statistically higher accident rates.
What is an excess and how does it affect my premium?
The excess is the amount you contribute towards a claim before the insurer pays the rest. There's usually a compulsory excess (set by the insurer) and a voluntary excess (you choose). Raising your voluntary excess lowers your premium — but make sure you could comfortably pay it if you needed to claim.
What is a no-claims bonus (NCB) and how does it work?
An NCB (or no-claims discount) rewards claim-free years with lower premiums — typically 10–15% discount per year, up to around 60–70% after 5+ years. You can protect your NCB with an add-on that allows 1–2 at-fault claims without losing your discount. Check if your NCB is transferable when switching insurers.
Does adding named or additional drivers affect my car insurance premium?
Adding an experienced driver with a clean record can sometimes reduce premiums. However, adding a young or inexperienced driver almost always increases costs. 'Fronting' — where a parent is listed as the main driver to reduce a young driver's premium — is illegal and can void a policy.
Can I get car insurance as a temporary or short-term policy?
Yes — temporary car insurance is available from specialist providers for short periods. It's useful for driving a car you don't own, sharing driving on a long trip, or covering a car you're selling. These policies don't affect the main policy holder's no-claims bonus.