RakyatRepublika malaysia– Your monthly bank is more for a car than repayment. Road tax and insurance is one of the things that most people drive separately from their budget, but when you have time for renewal, you can weave financially.
Some insurance companies may bundle insurance with road tax renewal. But for most people you have to get them separately. In Malaysia, you must first renew your car insurance, then the road.
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Note: Insurance renewal depends on the value of your car. The more expensive it is, the more you have to pay to insure it.
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I am not an insurance specialist, but I share my idea process that compared car insurance and alternative coverage by me.
Due to frequent flash flows in Malaysia, I strongly advise all Malaysian flood insurance, wherever they stay anywhere. A flood -wide car will be expensive to repair, if repaired: Recommended: Flood coverage
Windsheld damage is more often than you think. I have cracked my Honda Civic Windscreen at least twice in my 5 -year ownership. I strongly recommend that you get this coverage. For most parts, this is because stone fly from behind trucks on the highway:
I highly recommend a brand you feel and trust. Please note that one reliable brand will vary from person to another.
Etiqa Takaful Motor Insurance Cheras
I think it is easy to navigate their website and I am competitive with the coverage of their prices. They made my purchase decision easy.
I do not support the products of Etiqa. Whatever insurance you choose, the process will be the same. Do your research and choose suitable insurance for yourself and your car.
In the next part, I will show you your step-by-step process to renew my car insurance with etiqa:
In short, Takaful companies only invest collections in Syariah compatible investments. In addition, taculy and traditional work works for the person who buys it.
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I do not care about neither tacked nor traditional, but I have still chosen TACUL because the cashback benefit is:
If your car is due to insurance renewal, Etiqa will show you the summary of their quotation to the right of the table:
I think most additional coverage is required. But I usually add two more coverage mentioned above:
Then click on pay and complete the payment. This is too much! You will get an e -male for your coverage policy and will also get a physical copy of the person sent through the snail mail.
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To re -view your insurance options, click on the button below to jump back to the insurance table:
This cashback function applies only to etiqa takaful car insurance. To get this statement back, I had to follow their rules:
At the time of this writing, I have not yet approved the activation date. I will update this article when I have started that process. What is common in one mythy and a Mercedes? Answer: Both vehicles require valid car insurance on the road.
New or used, local or imported, if you are the owner of a car, you must have a valid car insurance to drive on the road; This is equally simple.
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Anyone who tells you something else is either poorly informed or simply does not keep his own welfare in mind, as well as people around him.
In addition, if you do not have a valid car insurance and road tax (both of them come in hand, stopped on the police or a road.
According to the Road Transport Act of 1987, it is mandatory for all car owners to have valid car insurance and road tax in Malaysia, both should be renewed on an annual basis.
But, on one hand, it is also important to have adequate car insurance for your vehicle so that if it is something bad (whether it is a collision, natural disaster or theft), you can rely on your insurance that cost that cost that cost that cost. Cover to repair – or exchange.
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Based on the research conducted by the Malaysian Institute of Road Safety Research, more than 400,000 road accidents were registered in 2020 alone, about 5,000 of which were deadly.
This is a suitable reason for you and abundant insurance to cover you and your vehicle while staying in your way.
The Malaysian market has three types of car insurance, each for your purpose to cover you and/or your vehicle.
A third -party protection is the most basic form of car insurance protection and car insurance you can do in Malaysia.
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Imagine this: It was a rainy night, and you run home after late at night. The road was stylish and suddenly your car slides at one intersection and you collide with another motor driver. You ran uncontrollably with luck – but the same person cannot be said to be the same by which you had collided.
To avoid tasting improper amount to pay for your hospital bills to mention the repair of the vehicle, you need at least one car insurance from the third party.
As the name suggests, insurance includes an insurance for the claims of the third party insurance policy, which has been done for the deaths caused by physical injuries or even the second (third party) against you. It also includes all damage or damage to their vehicle or property.
For most parts, third party fire and theft protection work acts like third party coverage, except that this policy allows you to claim whether your car is suffering from fire damage or stolen. .
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Keep in mind that this type of coverage handles damage/damage due to accidental fire and theft, but there is no damage/damage due to accident.
This car insurance provides a larger coverage area compared to two car insurance protection mentioned earlier.
In addition to providing coverage for everything mentioned above, it also involves loss to your own car!
Comprehensive car insurance is appropriate if you cannot take the risk of changing your car in that way, for example, to buy a new car or use another car using your savings.
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At the moment you rely on your car, for example, and the above landscapes do not apply, you have better wides Are and you can buy a car.
Deciding on the correct amount of car insurance is not rocket science. The purpose of insurance companies is to make your life easier and is insured based on the market price of your car.
With suspension since July 2017, additional factors are relevant to determine your premium. But the perfect yoga that is actually insured goes back to the market price of your car.
Simply put, insurance companies can attract technical details of your car from a database, such as the year of construction, engine size, model type, horsepower, etc. Know the current market price, looking at your car, real mileage.
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This is straight forward, if you buy a new car of RM100, 000, your insured amount should be ideally equal to the same amount.
As the original value falls in years and your car becomes bigger, the amount can be reduced each year also, according to the low price and market price for your car.
In theory, you can decide to buy an insured amount compared to the market value of your car. For example, if the market price for your car is RM22,000 after a few years, you decide to buy an insured amount of RM20,000.
You may be able to save some dollars, but eventually you can still decide to go for the entire amount of RM22,000 as the difference in premium can only be a relatively low amount and you will be punished for insurance.
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Although it is directly enticing to dive into the search for the best car insurance agreements, you can want to read all the three insurance terms carefully and be aware of the things that have been included and from your coverage Is kept out.
All events are not covered by car insurance, even if you think they can only be, because your car insurance plan is a little more – or the highest – one of the best plans you can buy, other Compared to plans.
If you feel that a standard car insurance can cover the cost of your medical bills – or even funeral – in the event that you get a car accident, think again.
Even comprehensive car insurance only covers your vehicle damage (and the person you can hit) vehicles.
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However, you can add personal accident insurance to your car insurance as a rider to cover your medical costs.
Alternatively, you can also get a separate independent medical or personal accident insurance to help with medical bills. (**)
