Best Car Insurance in Malaysia

Just because car insurance is mandatory doesn't mean you should just pay and drive away! Think about the protection you and your passengers deserve against accidents, theft, fire and all other scary mishaps. The best car insurance plans can be found at your fingertips where you can even take advantage of towing services, 24-hour roadside assistance and even an allowance for the inconvenience caused.

Covers a wider range of protection, notably to both you and third parties. This policy compensates you based on either market value or agreed value of your vehicle. It is normally only available to vehicles that have not exceeded a certain age.

Tune Protect

Motor Easy
  • Spray painting of the whole car up to RM4,000
  • Daily car-less cash allowance when vehicle is damaged and undergoing repairs
  • Hassle-free online claims reporting and status updates

MSIG

Motor Insurance
  • Up to RM35,000 coverage for driver and passengers, Double Indemnity during public holidays
  • Waiver of the unexpected expense of betterment costs
  • Covers the cost to repair, replace and/or reprogram your Smart Car key

Tokio Marine 

Motor Insurance
  • Emergency roadside assistance up to RM450 for accidents and breakdown
  • Complimentary transmission of information during emergency and medical referral assistance
  • Superior service on repatriation of vehicle, alternate travel assistance, etc.

Gobear Raya Bergaya PL promo

What you need to know about your plan:

Coverage Coverage value
Territory covered for car Malaysia, Singapore and Brunei
Towing cost (to a repairer or safe place) Max. RM200
Option for insuring at agreed value If stolen or totally destroyed
Compulsory exess for loss or damage to your own car Max. RM400 for all authorised drivers who is
  • under 21 years old
  • Provisional (L) driving license holder
  • Full driving license holder of less than 2 years
  • Not named in Schedule
  • Named in Schedule and/or (a) to (c) above
Excess for malicious damages Min. RM250
Extension of cover for ferry transit to and/or from Sabah and the Federal Territory of Labuan
  • Provisional (L) driving license holder
  • Full driving license holder of less than 2 years
Extension of cover to the West Kalimantan, Indonesia
  • Provisional (L) driving license holder
  • Full driving license holder of less than 2 years
Extension of cover to the kingdom of Thailand
  • Provisional (L) driving license holder
  • Full driving license holder of less than 2 years
Towing cost (to a repairer or safe place) Max. RM200
Increase of limit of liability for Third Party Property Damage (TPPD)
  • Provisional (L) driving license holder
  • Full driving license holder of less than 2 years

 

Frequently Asked Questions

Anyone who
(a) has a valid driving license of the relevant class to drive and is not disqualified to drive by law or for the same other reason (e.g. under influence of alcohol or any other dangerous drugs, use for racing, failure to take precaution, etc.)
(b) has your permission to drive
(c) complies with all the terms and conditions of the policy

Agreed value = Maximum amount if your car is stolen or totally destroyed, market value at the time of the loss will not be taken into account
Market value = Average price a car dealer will sell for, with reference to the vehicle Market Valuation System approved by Persatuan Insurans Am Malaysia (PIAM) to determine the sum insured of your car at the time you purchased/renewed the policy.

A form of premium discount for not making any claims during the preceding period of your insurance, provided the period of insurance exceeds one year.

The first amount that you have to bear yourself for each and every claim approved, even if you are not at fault for the incident. However, it does not apply to loss or damage caused by fire, explosion, lighting, burglary, housebreaking, theft, third party property damage or bodily injury claims.

Yes, you may cancel any time during the Period of Insurance (POI) by returning the Certificate of Insurance (CI). You will be entitled to a refund of premium for the unexpired period calculated on a pro-rata basis, if no claims were incurred prior to cancellation.

Your policy will automatically lapse because your insurable interest in the car will cease. If you want to transfer the policy to the new buyer, you have to get the insurer's prior consent.

You should insure your car at its current market value which is the current cost to replace your car with another car of the same make, model age and general condition. You could be penalised if your car is under-insured for more than 10% of the market value.