HIP cover 100% on the sum insured, right? Insurance is standard one la, you pay more you get more coverage.

Ya, 132k to be exact, just wondering any one opt out?

no lo, i will prefer to stick to HIP for peace of mind. they will handle everything for you from A to Z

A friend of mine opt out HIP and bought the insurance with AXXA.

Not Civic though, she bought City.

Even 2nd year, the sum insured is still at 132k?

City sum insured at 132K? Confirm tipu. The car itself is less than 100k...

No. I'm asking yeewensmc.

LOL! My apologies. Read your post wrongly

My renewal notice stated there estimated sum insured 132k, then add windscreen coverage Rm3k additional Rm450 .. NCD deduct 45% = Rm2576.58.


I quoted AIG online, NCD 45% , sum insured 119k + windscreen coverage 3k = Rm450 total = Rm2.2k with free delivery of road tax via myeg.

Contemplating which one to go now.

Guys or gals, any comment or opinions ? Anyone claim HIP b4? How's their service?

You can tell them to revise the sum insured. RM132k for 2nd year is ridiculous as that is actually brand new car estimate. Windscreen coverage of RM3k is also too excessive.

Thanks for your input, I'll lower down the sum insured to 115k-119k and the windscreen coverage to 1.5k.

Actually, you just get your SA to quote, or your car dealer insurance department to revert the proper insurance price for the car. Windscreen coverage also depends on them to advise, but definitely not RM3k la.

No, because in the event of you over insuring, the insurance company will only pay out the acceptable market rate for the car, even for HIP. Honda & HIP has a guideline on acceptable sum insured for the year of your Honda car. In short, you are just wasting your money paying the additional premium.

This post has been edited by isr25: Nov 27 2017, 05:03 PM

yeah
just like my ol' sunny
was insured until 2015 as comprehensive

sum insured is RM10,000
but the pay out is ~3-5K

it is cos the car >20 years
sum insured high is becos the car is too old, so they need to charge higher premium
but the payout is based on car market price, which is less than half of the sum insured

just wondering now got any promo for civic ?

which variant is better as for you guys?

if loan 9 yrs how much estimate per month?



This post has been edited by ChaosSixth: Nov 27 2017, 06:25 PM

My car still new wor. Not even 1 month.

If and only if you are following their sum insured guideline based on the age of your car. If like that, what’s stopping me from insuring 200k and then my car suddenly “stolen”

Even if got promo don’t think you will be able to get the car by December. Most dealer don’t have stock.

9 year 100k around 1.1k
9 year 120k around 1.4k

thanks mate for the reply. appreciate much

They say 2nd year is based on recommended ISM valuation price, but somehow still 132k.

I got my car last year Dec 2016, so this is consider 2nd year right. How come no reduce one.. I also pelik.

Also, the coating will last and would it be hard to maintain? Read several mixed reviews on this so have to ask you guys

Somehow I think someone is lying. Using ISM value, it’s supposed to be RM106,900 for 2016 TCP.

https://www.ism.net.my/ConsumerServices.aspx
https://www.mycarinfo.com.my/Valuation/Free...rt?version=free