Damn the toyota body and paint texh told me i cant claim agains public vehicle. I claim my oen insurance instead. Wow.........
What to do in an accident in Malaysia, Everything about m/vehicle insurance
What to do in an accident in Malaysia, Everything about m/vehicle insurance
|
Jul 22 2015, 03:15 PM
|
Junior Member
187 posts Joined: Jan 2009 |
Damn the toyota body and paint texh told me i cant claim agains public vehicle. I claim my oen insurance instead. Wow.........
|
|
|
|
Jul 22 2015, 03:26 PM
|
Junior Member
687 posts Joined: Mar 2005 From: Seri Kembangan / Kota Bharu |
QUOTE(kelvinlym @ Jul 22 2015, 03:10 PM) In Europe, there is an accident protocol that has to be filled out with a sketch of the cause of accident. Both parties must then sign it. singapore have itMalaysia police won't do this if they do this way, their "business" will be affect you won't be surprise to see that there are 2 sets of police outcome, one compounding vehicle A and another one compounding vehicle B. both also similar offense |
|
Jul 22 2015, 03:28 PM
|
Junior Member
687 posts Joined: Mar 2005 From: Seri Kembangan / Kota Bharu |
|
|
Jul 22 2015, 03:32 PM
|
Junior Member
121 posts Joined: Jul 2015 |
Thanks loui for the info.
Do you happen to have a list of recommended insurance companies? A recommended list, a whitelist, and a blacklist. |
|
Jul 22 2015, 03:44 PM
|
Junior Member
687 posts Joined: Mar 2005 From: Seri Kembangan / Kota Bharu |
QUOTE(tagz8 @ Jul 22 2015, 03:32 PM) Thanks loui for the info. what do you mean as white list and blacklist?Do you happen to have a list of recommended insurance companies? A recommended list, a whitelist, and a blacklist. to be frank, they are pro and con of each insurance company big company like AMG (formerly Kurnia) - main player for car insurance Alliaz - main player for commercial vehicle insurance Pacific & Orient - main player for m/cycle insurance the good thing is that they have extensive network, hence their authorized workshop is every where in malaysia bad thing is that they are slow in assessing claim due to the volume if you are staying outside big city, try to get those if you are staying inside big city, opt for smaller insurance company List of general insurance company so far the active one are AMG(former Kurnia), Allianz, Berjaya Sompo, Liberty(former Uniasia), Lonpac, MSIC, Multi-purpose, P&O, OAC & Tune |
|
Jul 22 2015, 05:08 PM
|
Newbie
0 posts Joined: Jul 2015 |
Thanks ts. Nice information.
|
|
Jul 22 2015, 08:40 PM
|
Junior Member
168 posts Joined: Jul 2008 |
Edit ~
This post has been edited by lonely143: Jul 22 2015, 08:41 PM |
|
Jul 26 2015, 02:21 PM
|
Junior Member
121 posts Joined: Jul 2015 |
QUOTE(loui @ Jul 22 2015, 03:44 PM) what do you mean as white list and blacklist? Recommended list would mean those that you would highly recommend, for their value for money, and most importantly ease of claims.to be frank, they are pro and con of each insurance company big company like AMG (formerly Kurnia) - main player for car insurance Alliaz - main player for commercial vehicle insurance Pacific & Orient - main player for m/cycle insurance the good thing is that they have extensive network, hence their authorized workshop is every where in malaysia bad thing is that they are slow in assessing claim due to the volume if you are staying outside big city, try to get those if you are staying inside big city, opt for smaller insurance company List of general insurance company so far the active one are AMG(former Kurnia), Allianz, Berjaya Sompo, Liberty(former Uniasia), Lonpac, MSIC, Multi-purpose, P&O, OAC & Tune Whitelist are those that are generally acceptable. Blacklist are those that should try to avoid, due to their stickiness or other frequent problems. For example, I heard from my windscreen shop that ACE is quite slow to process claims. Wonder if it's true. |
|
|
|
Jul 26 2015, 02:45 PM
|
Junior Member
72 posts Joined: Apr 2015 |
thanks! tagged
|
|
Jul 27 2015, 08:54 AM
|
Junior Member
687 posts Joined: Mar 2005 From: Seri Kembangan / Kota Bharu |
QUOTE(tagz8 @ Jul 26 2015, 02:21 PM) Recommended list would mean those that you would highly recommend, for their value for money, and most importantly ease of claims. price wise, everyone the sameWhitelist are those that are generally acceptable. Blacklist are those that should try to avoid, due to their stickiness or other frequent problems. For example, I heard from my windscreen shop that ACE is quite slow to process claims. Wonder if it's true. insurance companies are control by bank negara, and bank negara force them to charge same price but in 2016, bank negara will let go, hence price will varies starts from 2016 can't predict as to who is the cheapest as all the insurance companies have their own way of calculation my suggestion is get those medium size companies which are still active in general insurance market etiqa, liberty & lonpac |
|
Jul 28 2015, 11:13 AM
|
Junior Member
647 posts Joined: Sep 2008 |
QUOTE(loui @ Jul 27 2015, 08:54 AM) price wise, everyone the same last 5 years ago i make buat sambung bayar(mycar gip to people sambung bayar) he just bayar for 3month and 4rd month i tarik la keretainsurance companies are control by bank negara, and bank negara force them to charge same price but in 2016, bank negara will let go, hence price will varies starts from 2016 can't predict as to who is the cheapest as all the insurance companies have their own way of calculation my suggestion is get those medium size companies which are still active in general insurance market etiqa, liberty & lonpac guess what? that guy canncle my car insurance without telling me. i use that car for one year without insurance...so people here careful when use kereta ssambung bayar. |
|
Jul 28 2015, 12:45 PM
|
Senior Member
6,149 posts Joined: Jul 2006 |
also never ever accept the services of those callman that arrive on the scene, only let your insurance appointed truck tow your car away
|
|
Jul 29 2015, 08:59 AM
|
Junior Member
687 posts Joined: Mar 2005 From: Seri Kembangan / Kota Bharu |
QUOTE(K.I.T.T @ Jul 28 2015, 11:13 AM) last 5 years ago i make buat sambung bayar(mycar gip to people sambung bayar) he just bayar for 3month and 4rd month i tarik la kereta never do sambung bayarguess what? that guy canncle my car insurance without telling me. i use that car for one year without insurance...so people here careful when use kereta ssambung bayar. apart of ownership issue, if the insurance company found out, they will repudiate liability which mean any claim brought against you(TPPD & TPBI) or if you doing any OD claim, insurance company has the right not to pay hence if you are found guilty at civil court, you have to pay out of your pocket average TPBI claim is above 20K and only owner can cancel the insurance policy you should have complaint to insurance company about the agent for cancelling the policy without your knowledge |
|
Jul 29 2015, 09:15 AM
|
Junior Member
121 posts Joined: Jul 2015 |
loui
I'm trying to purchase insurance online before going to JPJ later in the day to buy over someone's car. Do you think I can purchase the following? https://www.axa.com.my/21/en/car-insurance/...urance-malaysia I tried going for your recommendation of Etiqa and Allianz but they don't seem to have online service for new applications (only renewal). Also is it possible to just get third party? For the cheap cost. Does it still give the benefit of accumulating NCD? This post has been edited by tagz8: Jul 29 2015, 09:16 AM |
|
|
|
Jul 29 2015, 09:41 AM
|
Junior Member
687 posts Joined: Mar 2005 From: Seri Kembangan / Kota Bharu |
QUOTE(tagz8 @ Jul 29 2015, 09:15 AM) loui third party policy does accumulate NCD as wellI'm trying to purchase insurance online before going to JPJ later in the day to buy over someone's car. Do you think I can purchase the following? https://www.axa.com.my/21/en/car-insurance/...urance-malaysia I tried going for your recommendation of Etiqa and Allianz but they don't seem to have online service for new applications (only renewal). Also is it possible to just get third party? For the cheap cost. Does it still give the benefit of accumulating NCD? nowaday insurance company try not to sell third party policy hence most likely you need to go to the counter to buy it unclear about AXA thou, if you can buy from it, why not |
|
Jul 29 2015, 10:37 AM
|
Junior Member
121 posts Joined: Jul 2015 |
QUOTE(loui @ Jul 29 2015, 09:41 AM) third party policy does accumulate NCD as well Forgot to ask you, would the NCD for third party insurance be transferable to the comprehensive in future?nowaday insurance company try not to sell third party policy hence most likely you need to go to the counter to buy it unclear about AXA thou, if you can buy from it, why not |
|
Jul 29 2015, 10:43 AM
|
Junior Member
687 posts Joined: Mar 2005 From: Seri Kembangan / Kota Bharu |
QUOTE(tagz8 @ Jul 29 2015, 10:37 AM) Forgot to ask you, would the NCD for third party insurance be transferable to the comprehensive in future? NCD can be transferred from third party to comprehensivehowever you can't transfer NCD to different type of vehicle example, bike to car or car to commercial vehicle |
|
Jul 29 2015, 10:54 AM
|
Junior Member
121 posts Joined: Jul 2015 |
QUOTE(loui @ Jul 29 2015, 10:43 AM) NCD can be transferred from third party to comprehensive Assuming the car would be sold for only RM5 - 6k in about 3 years time. And assuming I don't have NCD at the moment.however you can't transfer NCD to different type of vehicle example, bike to car or car to commercial vehicle Would it be a good strategy to purchase a 3rd party cover for now to earn the NCD + windscreen cover of about RM80-100. Then only consider comprehensive coverage from the 2nd year onwards when you have NCD of 10%? Perhaps can change new car then too. |
|
Jul 29 2015, 11:07 AM
|
Junior Member
435 posts Joined: Jun 2010 |
nice information. Free bump for you.
Proposed for pinned |
|
Jul 29 2015, 11:12 AM
|
Junior Member
687 posts Joined: Mar 2005 From: Seri Kembangan / Kota Bharu |
QUOTE(tagz8 @ Jul 29 2015, 10:54 AM) Assuming the car would be sold for only RM5 - 6k in about 3 years time. And assuming I don't have NCD at the moment. can't really advise you on this as you know best by doing the calculationWould it be a good strategy to purchase a 3rd party cover for now to earn the NCD + windscreen cover of about RM80-100. Then only consider comprehensive coverage from the 2nd year onwards when you have NCD of 10%? Perhaps can change new car then too. anyway windscreen coverage is a separate insurance where NCD is not applicable to it windscreen premium is 15% of the amount insured example you insured RM500 for windscreen, you need to pay RM75 |
Change to: | 0.0137sec
0.25
6 queries
GZIP Disabled
Time is now: 29th March 2024 - 09:49 PM |