Tips, tricks, explanation and everything you need to know when you are purchasing a car insurance in Malaysia. Know your policy, protect yourself.
What is NCD? No Claim Discount Affects Your Motor Insurance Premiums Directly Only On Renewal of Policy No Claim Discount is a form of reward by the insurer to you (the policyholder) for not making a claim on your insurance policy within an annual basis. What does that mean? When you buy your first comprehensive …
Motor Insurance No Claim Discount – NCD Rate in Malaysia Read More »
Cars will come and go. But your NCD is here to stay. If you didn’t know, your car insurance NCD is attached to your name, not your car. So if you sell off your old car, you can still keep your NCD rate for your brand new ride. Yes, you can do that. There are …
How to Transfer No Claim Discount (NCD) to Another Car Read More »
What is Windscreen Insurance Cover? To put it simply, it is an add-on you can purchase on top of your main car insurance policy. The windscreen insurance add-on covers your front and back windscreens, all door window and your sunroof glass (originally comes with the car, not a modification) if you have one. Your car’s …
Before renewing your car’s road tax, did you ever enquire about the insurance’s type of sum insured? If you did not know before, there are two types of sum insured for your car; Agreed Value or Market Value. So, what’s the difference between them? Besides selecting first party or 3rd party insurance coverage, you should …
Car Insurance : Difference Between Agreed Value vs Market Value Read More »
Did you know motor insurance in Malaysia is now detariffed or liberalised since 1st July 2017? What is detariffication and what does it mean for you as a consumer? Motor insurance in Malaysia used to be tariffed where premiums are standardised across the industry. After detariffication, insurance providers will be able to practice risk-based pricing. Car …
Risk-based Pricing for Motor Insurance: Good or Bad? Read More »