Driving in Singapore may be more dangerous than you think says a new report

By a News Reporter-Staff News Editor at Insurance Weekly News -- Did you know it may be more dangerous to drive in Singapore than many other developed countries?

The findings are based on a report being highlighted by Budget Direct Insurance.

Latest figures from Singapore Traffic Police show that road safety in Singapore is improving over time with a definite downward trend in fatalities since 2012.

A recent report by consumer researchers ValuePenguin, however, reveals that although the number of fatalities per vehicle on the roads is decreasing, it is still relatively high.

In fact, motorists in Singapore may actually be driving more dangerously than those in other developed countries such as America, Japan, the UK and Canada.

Simon Birch, CEO of Budget Direct Insurance, says that as a car insurer in Singapore he wanted to highlight such road safety issues to the motoring community.

He said: "This report throws up some interesting facts that we should take seriously. I feel it is important for us as an insurer and a champion of safe driving to bring the findings of this report to people's attention."

Making sense of road safety statistics.

The basis for measuring road safety is usually done per capita. Using this measurement, Singapore has among the lowest road mortality rates per capita in the entire world. On the surface, therefore, Singapore motorists may seem to be safer drivers than those in other developed countries. But the number of households in Singapore that actually own a car is estimated to be less than half the population. The majority of the population, therefore, is less exposed to the risks of travel by motor vehicles and their chances of getting into a car accident are much lower. Singapore has nearly half the number of car owners than many other countries.

See the table below from ValuePenguin.

Keywords for this news article include: Asia, Budget Direct Insurance Singapore.

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