In Malaysia, there are 3 types of car insurance coverage, namely:
Third Party
Third Party, Fire and Theft
First Party (Comprehensive Coverage)
DO NOT READ FURTHER if you know all about car insurance. Take a stone and throw it in a car park full of drivers. Chances are, you’ll hit one who doesn’t know what their exact insurance policy covers (legit true!)
Basically, insurance is a contract between you and the insurance company that provides you with financial protection against physical damage or bodily injury. This protection will only be applicable for traffic or vehicle-related incidents, and comes at a premium which must be paid annually.
It’s completely mandatory for all drivers in Malaysia to get a valid car insurance policy. Without that, you won’t be able to renew your road tax through the Road Transport Department (JPJ). And without your road tax, you won’t be allowed to drive on Malaysian roads legally. If you get caught without a valid road tax, Section 14(4) of the Road Transport Act (RTA) 1987 would leave you with a fine of up to RM3,000.
Legally, you’ll be breaking the Road Transport Act 1987 and you can 7be fined up to RM1,000 and/or spend up to three years behind bars. As we mentioned previously, there’s a RM3,000 fine if you’re caught driving without a valid road tax. Since you can’t renew your road tax without first renewing your car insurance, you’ll likely end up with both fines.
The other headache would come with the repairs. You will obviously have to fork out your own money to cover the costs of the damages to the other party (if you’re in the wrong) and yourself. You may or may not also have to pay for treatments for bodily injuries.
Not having a valid car insurance policy will eventually bite you back in the ass (whoops! We mean yur wallet!)... so always be sure that your policy is up-to-date.
Third Party Coverage
What it covers
Third-party bodily injury to a passenger or a person in another car
Damage to another person’s car
Damage to another person’s property
Third Party, Fire and Theft
What it covers
Third-party bodily injury to a passenger or a person in another car
Damage to another person’s car
Damage to another person’s property
But also includes:
Your car has been stolen
Your car is damaged by attempted theft (for example, broken door locks, windows or stolen audio and accessories.
Your car is damaged due to fire
First Party (Comprehensive Coverage)
What it covers
Third-party bodily injury to a passenger or a person in another car
Damage to another person’s car
Damage to another person’s property
Your car has been stolen
Your car is damaged by attempted theft (for example, broken door locks, windows or stolen audio and accessories.
Your car is damaged due to fire
But also includes:
Damage to your vehicle due to accident
Also, most comprehensive policies come with a free tow truck service. Some also provide you with a 24-hour roadside assistance service, so you’ll always have help if you’re stranded in the wee hours of the morning.
Motor Assist Hotline
ETIQA insurance - 1800 88 6491
AXA insurance - 1800 88 1033
Driving has its risks, but ATUR will handle the risks for you.
At Atur, it’s better to be safe than sorry when it comes to driving, especially since you’re not the only person at risk – you will also be putting everyone else at risk, too. Nobody likes forking out money for insurance, but your wallet will thank you if and when you get into trouble on the road.
And with Atur, we will atur your car insurance yearly so you can have a peace of mind.
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