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 Home insurance, Newbie need advice

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WahBiang
post May 23 2017, 08:53 AM

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QUOTE(GadgetzKL @ May 23 2017, 08:16 AM)
Hi All,

Im buying a house and now are in the middle of process.

I'm going for MRTA with Etiqa which already paid and loan are out from bank.

I just received an email from Etiqa asking me to pay RM450+ for a annual housing insurance for sum of insured about 400k.

My question is, is it the price normal as i found some online calculator shows me only cost about 250-350?

If, i would like to get insured by other insurance company is it possible?

Hope someone can guide me on this.

Thanks
*
Are you referring to houseowners insurance or MRTA?

WahBiang
post May 23 2017, 12:55 PM

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QUOTE(GadgetzKL @ May 23 2017, 08:54 AM)
House owner insurance
*
The premium is still follow tariff rates of 0.106% per sum insured for basic houseowners insurance.. then additional benefit like riot will be charged with another 0.01%. there will be another 6%GST and RM10 stamp duty, some company seems given 15% rebate for direct customer...

 

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