QUOTE(MylesAuto @ Jan 21 2014, 01:19 PM)
all this while only know vehicle age & driver age will end up loading.
what u mention i only know it exist oversea.. in msia first time heard of it..
Thanks for explaining.
can say both of us bad luck. .
my car is FEB 2012 car.
2013 I change to lonelypack d. .
so FEB 2013 I changed, somewhere March / April cucuk ppl d. .
if I am lonelypack ppl, I will wtf, this fella baru aje transfer mali sudah buat claim
and yes, vehicle age is korrect . . in general terms, insurans co view older cars = lesser roadworthiness (as per current nation hot topic), so got potential get involved in acident.
young drivers = no experience / reckless / careless / dangerous drivers. . so also got potental get involved in acident.
in my case, maybe rekod tak baik to them gua. . baru aje transfer over, sudah buat claim. . so they ma chaj loading gua. . but that is the insurans co itself la. .
but the same insurans co agent quoted me without loading charges
lonelypack quote = insure 37k + 15% loading caj
lonelypack agent quote = insure 36k, no loading caj

in general terms, something like below
QUOTE
Loading
The most commonly used loading factors are your age, any adverse driving characteristics, cubic capacity (engine CC), specific claims experience of your vehicle and re-conditioned vehicles. The insurance company can apply a loading on you to ensure that the amount charged commensurates with the risk borne by them
keyword for why insurans co incl. loading caj
This post has been edited by ruby1288: Jan 21 2014, 01:33 PM