AXA is a good company, road assist and claims are reputable. The only thing would be the market value of certain make/model of cars. Now in the market you can compare for market value and premium pricing.

Unless you have been renewing your insurance with Tan Chong then the value would be as what TC suggests.

Hi Bro, the premium rates are not different across all companies as well as the perks. The motor insurance market is facing de-tariffication so it is ideal to shop around. Try to avoid a few not reputable among workshops then you are safe.

That's great ! betterment up to 10 years is very important. and TC normally recommend a high agreed value for Nissan/ Inifiniti cars.

Normally if you do not renew with franchise the betterment for spare parts would be 5 years while franchise can offer up to 10 years. It means that up to 10 years you are entitled to new parts replacement in the event of a claim.

Yeap so far no complaint. AXA is good , rest assured.

Different insurance companies will have their own betterment guidelines. In many cases, if you renew with agents, your betterment for new parts is only up to 5 years. While if you renew with franchise car dealerships, they normally offer up to 10 years to be more competitive in the market.

This means that as long as your car is within the 10 years old mark, you are not subjected to loading but your sum insured has to be wthin 20K to 300K. If it goes below 20K then you are subjected to additional loading.

No problem, ETIQA is good as well. No worries, let me know if you need help.

Yes loading is extra cost, normally insurance companies would give an age loading for vehicles more than 10 years old. So after 10 years old, there is no difference buying from franchise or agent. Because insurers will not cover you for new parts.

Definitely is cheaper because you get 10% direct rebate from motor takaful.

It depends, because bringing your car back to franchise for an accident claim takes a much longer time than panel workshops.

Now the motor insurance market is facing detariffcation hence the premium rates are different across the range. It really depends what car you currently owned. Lets just say I have a customer who has a Honda Civic 1.5 TC, Lonpac rates the car at the same rate as Kurnia but MPI Generali and Etiqa is on the higher side.

Nowadays agent cant calculate based on sum insured and cubic capacity, it all depends on the insurance company system.

Hope this explains your enquiry.

*AXA is currently still based on tariff rates.