Guys,
I bought my City last year June, so insurance renewal has strikes me now.
I'm under Tokio Marine insurance (I think it's covered in HIP).
Bought the car at RM86k E spec, but now after 1 year, the insurance statement shows that:
Indicative Market Value: RM79,000
Policy Sum Insured: RM88,000
Premium Payable: RM1,750
I've read somewhere that you can't claim more than your car market value, so the statement is already over insured?
The market value I think also over valued, shouldn't it be -15% off purchase price?
v9.0 The OFFICIAL 3G/5G Honda City 2011 thread, The new City, where to next?
May 26 2014, 06:25 PM
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