QUOTE(reeve-826 @ Sep 16 2017, 10:18 AM)
May I know where to get AXA for 10% discount with agreed value? From online, it seem quote for insured amount only.
Go to their website on the motor insurance page and click on the get a quote button.Which car insurance company is the best, Comment please
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Sep 17 2017, 09:38 PM
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Sep 18 2017, 12:36 AM
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QUOTE(jdgobio @ Sep 17 2017, 09:38 PM) Yes, I go there the quote button end up with insured value only. I don't see option for agreed value til the payment process.😖This post has been edited by reeve-826: Sep 18 2017, 01:57 AM |
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Sep 18 2017, 06:52 AM
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549 posts Joined: Jan 2009 |
Going to have my 1st car anniversary soon on Feb. I already saving for it haha
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Sep 18 2017, 10:21 PM
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Sep 18 2017, 10:32 PM
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Sep 19 2017, 12:02 PM
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Sep 19 2017, 12:22 PM
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Sep 19 2017, 01:43 PM
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I have a question, i have ask for the quotation from Etiqa(My current insurance), they do offer the 10% off discount, after trying AXA, i have put thru the same computation to AXA. The insurance to pay is actually RM100+ less, could there be something that i miss or omitted in the insurance calculation?
As AXA is done manually thru online. Thanks. This post has been edited by haru20: Sep 19 2017, 01:43 PM |
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Sep 19 2017, 01:48 PM
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26 posts Joined: Feb 2017 |
I have the same problem too...I got quotation from Allianz and Tokio Marine..both premiums quoted are higher than AXA.. and even higher than last year's premium although the sum insured is lower this year than last year..don't know how they calculate . Not transparent now with the detariff in place effective 1st July 2017.
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Sep 19 2017, 01:50 PM
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QUOTE(happying @ Sep 19 2017, 01:48 PM) I have the same problem too...I got quotation from Allianz and Tokio Marine..both premiums quoted are higher than AXA.. and even higher than last year's premium although the sum insured is lower this year than last year..don't know how they calculate . Not transparent now with the detariff in place effective 1st July 2017. Are u planning to jump ship and opt from AXA instead? Anyone have used and transacted with AXA any comments is much appreciated. Thank you. |
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Sep 19 2017, 04:18 PM
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With the detariff, BNM hopes that insurers will come up with competitive (additional benefits/service) and fair pricing but actually let the insurers decide on the premium based on the risk profiles of the drivers. So technically, the price will go up instead of down...Allianz and Tokio Marine as I know offer no additional benefits after detariff( same as tariff) but the premium actually went up 10%. I did ask them and they replied its based on your age, location and car model..full of B.S..My age will go up, location is the same, no accident claims, car market value went down - premium increase 10%. So how is it fair for consumers?Only burden us more...
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Sep 19 2017, 04:20 PM
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Sep 19 2017, 09:21 PM
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334 posts Joined: Oct 2009 |
want to ask everyone on NCD , currently insurance policy with 0% NCD where the policy will be expired on 29 Sept 2017. If i sell the car now and transfer ownership at JPJ completed on 20th Sept 2017. However there is 9 days more to reach 1 year, i don't cancel the policy and let it til expiration date.
Will i have 2nd year NCD of 25% when i buy a new car next month? |
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Sep 19 2017, 09:21 PM
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Sep 20 2017, 12:15 AM
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QUOTE(haru20 @ Sep 19 2017, 01:50 PM) Are u planning to jump ship and opt from AXA instead? I have used AXA insurance for a while now and its based on agreed value (wording used in the renewal policy). When I renew my insurance, will update whether the cost is higher as compared to previous year.Anyone have used and transacted with AXA any comments is much appreciated. Thank you. Hmmm... Noticed that the agreed value has declined from 1 year to another. So I guess the agreed value may be the market value at the time of renewal This post has been edited by abcn1n: Sep 20 2017, 01:01 AM |
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Sep 20 2017, 12:21 AM
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QUOTE(spreeeee @ Dec 10 2015, 09:37 AM) Thanks |
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Sep 20 2017, 10:25 AM
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25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(abcn1n @ Sep 20 2017, 12:15 AM) I have used AXA insurance for a while now and its based on agreed value (wording used in the renewal policy). When I renew my insurance, will update whether the cost is higher as compared to previous year. Agreed value is the consensus market value of the car.Hmmm... Noticed that the agreed value has declined from 1 year to another. So I guess the agreed value may be the market value at the time of renewal As we know value of the car goes down when it is getting old. |
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Sep 20 2017, 11:56 AM
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Actually i try proceeding with the quotation for AXA, by proceeding further adding in the addition named driver and etc. The price actually come out the quite close to Etiqa quotation, just cheaper by Rm10-30.
Since the hassle of need to change provider and notify the NCD amt, i think i will still continue with my current insurance provider. |
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Sep 20 2017, 03:13 PM
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QUOTE(cherroy @ Sep 20 2017, 10:25 AM) Agreed value is the consensus market value of the car. Thanks Cherroy.As we know value of the car goes down when it is getting old. For any who are interested, renewed my car insurance with lower cost. The new ruling don't seem to have caused any increase in insurance cost |
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Sep 21 2017, 05:29 PM
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26 posts Joined: Feb 2017 |
called AXA to ask and the customer service said online quotation is based on sum insured. So need to double confirm on that.
I think for online renewal - AXA has the best online platform whereby you can get instant quotation for comparison. For your car latest market value: https://www.mycarinfo.com.my/Valuation/Free...rt?version=free After comparing Allianz, Tokio Marine and AXA, I find AXA offers the best rate with the same kind of coverage.The difference is about 10%. |
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