Car Insurance

Risk-based Pricing for Motor Insurance: Good or Bad?

Risk-based Pricing for Motor Insurance: Good or Bad?

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 …

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