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PROTON SAGA BLM, FL & FLX Thread V58, BIG angpau. BIG angpau mali.
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gyver
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Feb 4 2014, 11:35 AM
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Hello LYN Saga Owners, Just wanna report that the tariff for motor insurance premiums will go up this 15 Feb 2014. In case you miss my topic thread in Fast & Furious, read about it here https://forum.lowyat.net/topic/3120052
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gyver
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Feb 4 2014, 12:10 PM
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QUOTE(davidke20 @ Feb 4 2014, 12:03 PM) Will be annual adjustment thing, around Feb/Mar every year gonna price hike. Nothing we can do about it. Still got 3 more years to go as PIAM targeted in 5 years time to go detariff. After that, either good(all lower their price) OR the bigger company force take over smaller company and become monopolized, at that point of time they say what ranjiao price you also have to pay otherwise kenot get rodteks  You sound like you know what you are saying. So it is confirmed then. I tried calling my friend at a bank, he said never heard any news. So wanna confirm with LYN members here true or not. By the way what about the "...MMIP ceases" advise? So all old vehicles cannot renew insurance anymore? My dad owns an old Proton Saga. Will he be able to renew his road tax without insurance?
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gyver
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Feb 4 2014, 06:17 PM
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Wow! In a way it is the gov way of junking all old mobiles. It is done by denying insurance.
I think in Singapore they charge high premium fees for PUSPAKOM like inspection so people have to let go of their old vehicle every 5 years. My ol boss finally had to let go his vintage Mercedes.
BTW david, what about all the collectors old mobiles, I mean the vintage cars here in Malaysia. What insurance are they covered under? MMIM also?
Sorry if a bit off topic...but it is a rare to find a pro on the topic.
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