Best Car Insurance in Malaysia

In Malaysia, it is a legal requirement for all vehicle owners to have a car insurance. Effective from 1 July 2017 onwards, all insurance companies are able to determine the pricing for Comprehensive and Third Party Fire and Theft products based on drivers' risk behaviours. Premiums for Third Party products shall be in accordance with the Motor Tariff, however adjustments may be specified for identified classes of vehicles.

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

Etiqa

Comprehensive Private Car Insurance
  • Brand new spare parts at no extra charge for cars older than 5 years
  • Cash up to RM3,000 for smart key replacement
  • Cash in addition to claims payout in an accident to compensate the NCD that may be forfeited for the policy year

Allianz 

Motor Comprehensive Insurance
  • Double indemnity for death / permanent disablement
  • Up to RM400 reimbursement respectively for car rental and hotel accomodation
  • Free car replacement up to 7 days
  • Max. RM15,000 compassionate cover in the event of total loss or theft claim

Detailed coverages (Same for all plans)

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