How Much Does Car Insurance Cost in Hong Kong? (2026)
Quick Answer
HK$3,000–$15,000 per year
Car insurance in Hong Kong costs approximately HK$3,000 to HK$15,000 annually, depending on coverage type (third-party/comprehensive), vehicle age, driver age, and NCD rating.
Frequently Asked Questions
Mandatory third-party car insurance in Hong Kong costs around HK$3,000 to HK$5,000, while comprehensive coverage (including collision and natural disasters) ranges from HK$5,000 to HK$15,000.
Hong Kong NCD can reach up to 60% discount. If your first-year premium is HK$10,000, after 5 consecutive claim-free years, your premium could drop to approximately HK$4,000.