Best Car Insurance in Malaysia


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Car insurance provider results

Allianz logo
1
Free driver
Up to RM200
Unlimited towing
Agreed
Claim Payout


     Details
  • Allianz Road Rangers.
  • As fast as 10 minutes claims approval for Own Damage claims.
  • 24-hour emergency towing.
 
     Add Ons
  • E-Hailing cover (1 year coverage for e-hailing activities such as Grab).
  • Flood.
  • Windscreen damage.
  • Enhanced Road Warrior (covers extra PA, unlimited towing, compassionate cover).
  • Compensation for Assessed Repair Time (covers loss of use of the vehicle).
  • Legal liabilities to passengers (covers against legal liabilities sought by passenger against you in the event of an accident due to your negligence).
  • Legal liabilities of passengers (protects against third party claims against you for the action of passengers).
 

Zurich Takaful logo
Unlimited
Free drivers
Up to 150km
Free towing
Agreed/
Market
Claim Payout


     Details
  • Free 24-hour towing.
  • Free All Additional Named Drivers.
  • Free 24-hour Claim Assistance.

     Add Ons
  • Windscreen damage.
  • Passenger Liability Cover.
  • Damage arising from flood and landslide.
  • Damage arising from strike, riot and civil commotion.
  • Key replacement.
  • Temporary courtesy car cover.
  • Waiver of betterment.
 
This list is non-exhaustive. Please refer to the certificate contract for full list of coverage and optional benefits available under this certificate.


Allianz logo
Apply now

Allianz Comprehensive Motor Insurance
promo-gift
Petronas Gift Cards worth up to RM300 up for grabs!
T&C apply, click here to learn more
1
Free driver
Up to RM200
Unlimited towing
Agreed
Claim Payout

     

     Details

  • Allianz Road Rangers.
  • As fast as 10 minutes claims approval for Own Damage claims.
  • 24-hour emergency towing.

 

      Add Ons

  • E-Hailing cover (1 year coverage for e-hailing activities such as Grab).
  • Flood.
  • Windscreen damage.
  • Enhanced Road Warrior (covers extra PA, unlimited towing, compassionate cover).
  • Compensation for Assessed Repair Time (covers loss of use of the vehicle).
  • Legal liabilities to passengers (covers against legal liabilities sought by passenger against you in the event of an accident due to your negligence).
  • Legal liabilities of passengers (protects against third party claims against you for the action of passengers).
 
 
 
Zurich Takaful logo
Apply now

Zurich Comprehensive Motor Takaful
promo-gift
Petronas Gift Cards worth up to RM300 up for grabs!
T&C apply, click here to learn more
Unlimited
Free drivers
Up to 150km
Free towing
Agreed/Market
Claim Payout

     

    Details

  • Free 24-hour towing.
  • Free All Additional Named Drivers.
  • Free 24-hour Claim Assistance.

 

      Add Ons

  • Windscreen damage.
  • Passenger Liability Cover.
  • Damage arising from flood and landslide.
  • Damage arising from strike, riot and civil commotion.
  • Key replacement.
  • Temporary courtesy car cover.
  • Waiver of betterment.
 
 

This list is non-exhaustive. Please refer to the certificate contract for full list of coverage and optional benefits available under this certificate.

 
Any questions?
Call +6012 385 0211
(Mon - Fri, 9AM to 6PM)

In Malaysia, you’re spoiled for choice when it comes to which car insurance to opt for. Below is a quick summary of the average premium rates and features of some of the most popular car insurance companies in Malaysia.Note that the comparison below only serves as a rough guide, as the items below only represent some features of the policies. Premium rates are also dependent on many factors such as your car’s model and the type of coverage you need.

Car Insurance and TakafulHighlights
Allianz Car Insurance
  • Losses or damages to your car due to accident, fire, and theft
  • Third party death and bodily injuries
  • Third party property losses or damages
  • 24-hour helpline assistance
  • First Response Bike Brigade (Klang Valley)
  • Allianz Tow Truck with free towing of up to 150km
  • E-hailing vouchers
  • 10 minutes claims approval for Own Damage
  • Vehicle delivery to your doorstep
AIG Car Insurance
  • Daily Cash Allowance for inconvenience caused during the repair period
  • Cash Compensation due to accidents or damage from natural disasters
  • Free towing of up to RM200
  • Transportation fare
  • Protection over vehicle break-ins
  • Key replacement
  • Tyres and rim repair/replacement
  • Personal Accident and passenger protection
  • Passenger protection against permanent injury/disability/death
MSIG Car Insurance
  • Damage to your car due to accident
  • Damage to other person's car or property
  • Death or injury to third party in an accident
  • Damage to your car due to fire or if your car is stolen
  • Motor Assistance Programme
  • Covers the driver and passengers in the car
  • Covers the unexpected expense of Compulsory Excess (RM400)
  • Unlimited towing service
  • Covers the unexpected expense of betterment costs
  • Compensation for loss of use of car based on estimated actual repair time as assessed by loss adjuster
  • Loss or damage to car caused by natural disasters
  • Smart Car Key repair, replacement and/or reprogramming
  • Protection over car, driver, and passenger when in e-hailing mode
Zurich Car Insurance
  • Pay less if you are in the low-risk segment (e.g. cautious driver, lady driver, and/or SUV driver)
  • Discount of up to 20% with voluntary excess
  • Water damage cover for as low as RM10/year - get reimbursement up to RM5,000 on towing and cleaning of vehicle due to flood
  • Free towing of up to 150km
  • Unlimited use of courtesy car
  • Personal Accident coverage of up to RM175,000/car as low as RM15/year, with passengers included
Etiqa Car Insurance
  • 10% rebate on top of NCD with online renewal
  • Reimbursement with value you agree with
  • All authorised drivers automatically covered
  • 24/7 emergency hotline
  • Cash back when no claims are made (Takaful only)
  • Third party bodily injury and death
  • Third party property loss or damage
  • Loss or damage to your own vehicle due to accidental fire, theft, or accident
  • Free towing of up to 200km
Tokio Marine Car Insurance
  • Liabilities to other parties for injury or death
  • Damage to other parties’ property
  • Third party bodily injury and death
  • Third party property damage
  • Covers loss or damage to your own vehicle due to accidental fire, theft, or accident
  • Free towing of up to 200km
AXA Affin Car Insurance
  • Risk-based pricing (detariffed rates)
  • More add-on options and benefits
  • Repair warranty
  • Fast approval of 5 working days
  • 24-hours hotline service
  • Car towing service
  • 6 months repair warranty
  • Coverage on death, permanent disablement, and medical expenses arising from accidents 24/7 worldwide
  • Protection against accidents and injuries
Takaful Car Insurance
  • 0% interest instalment plan
  • Third party bodily injury and death
  • Third party property loss or damage
  • Loss or damage to own vehicle due to accidental fire, theft, or accident
  • Complimentary Personal Accident coverage for driver and passengers
  • No extra costs for additional drivers
  • Cash back for no claims
  • 24/7 roadside assistance program
  • 6 months repair warranty
  • Pay and collect points with 8excite
  • 10% discount with online enrolment
  • Free towing of up to 50km
AmAssurance Car Insurance
  • Third party bodily injury and death
  • Third party property loss or damage
  • Loss or damage to own vehicle due to accidental fire, theft, or accident
  • 24-hour free auto assistance
  • Free towing of up to 50km
  • 24-hour customer support line
Kurnia Car Insurance
  • Accidental damages to own car including damages caused by falling trees
  • Damage caused by attempted theft
  • No payment of RM10 for additional named driver and no charges of RM400 compulsory excess for unnamed driver
  • Towing assistance of up to 365km including unlimited toll charges
  • Compassionate allowance for loss of vehicle
  • Flood relief allowance
  • Reimbursement up to RM1,000 to repair or replace car key(s)
  • Compensation up to RM1,000 for loss of possession in vehicle
  • Reimbursement up to RM1,000 for ambulance fees
  • 3 years’ warranty for workmanship repairs by panel repairer
RHB Car Insurance
  • Death or injury to other parties
  • Damage to other parties’ property
  • Loss/damage to own vehicle caused by theft or fire
  • Damage to own vehicle due to accident
  • Transportation of damaged vehicle
  • Covers for legal representative
  • Legal costs
  • Free towing service of up to RM300 per breakdown
Berjaya Sompo Car Insurance
  • Loss/damage to own vehicle due to accident, fire, and theft
  • Liabilities to third party for injury, death, and property loss/damage
  • Waiver of named driver requirement
  • Repairs warranty of 12 months
  • Special perils coverage up to RM10,000
  • 24-hour Rakan auto assistance
  • Free towing of up to RM200
MPI Generali Car Insurance
  • Loss or damage as a result of accidental collision, overturning, impact damage, fire, lightning, theft or malicious damage
  • Third party liability for death, bodily injury and property damage, arising out of the use of the motor vehicle.
  • More add-on options and benefits
AIA Car Insurance
  • A lump sum payment to cover any loss or damage to your car due to an accident, theft or fire.
  • Coverage for injury and death to others
  • Coverage for property loss or damage to others
  • More add-on options and benefits
Chubb Car Insurance
  • Covers accidental loss or damage to the vehicle
  • Covers liability to third party
  • 24/4 unlimited towing service
  • Minor roadside repair service
  • Temporary replacement car and hotel accommodation benefit
  • Home burglary cash relief benefit
  • Full body paint service
  • Cleaning service
  • Handbag and wallet guard
  • Floor coverage

Car insurance is also referred to as auto insurance, vehicle insurance or motor insurance. It’s essentially a contract signed between you and the insurance company. You as the insured, agree to pay a premium to the insurance company annually. In return, the insurance company agrees to provide you financial protection (to a certain degree based on your policy) in the event of traffic or vehicle-related incidents. In exchange for this financial protection, you have to pay a premium to the insurance company annually.

We all come across road accidents at least once in our lifetime. In such events, car insurance works as a safeguard for your pocket by helping to cover the costs incurred by any vehicle damages or bodily injuries.
You redeem your coverage by filing a claim. If the incident is covered under your policy, your insurance company will fork out for the cost of the damage caused.

Yes, car insurance is mandatory in Malaysia if you own a car. Here, car insurance and road tax go hand in hand. Just as you can’t legally drive without a valid road tax, you are also required to possess car insurance.
If you do not own car insurance, you won’t be able to renew your vehicle’s road tax from the Road Transport Department (JPJ) Malaysia. And without your road tax, you won’t be allowed to drive on Malaysian roads legally. If you get caught without a valid road tax, Section 14(4) of the Road Transport Act (RTA) 1987 would leave you with a fine of up to RM3,000.

It’s really not a matter of why you “should”, as all drivers in Malaysia are mandated by law to possess car insurance in order to drive on Malaysian roads.

Type of car insuranceDescription
Third partyOnly covers the third party involved in a car accident. If you are at fault, this would cover the car repair and medical expenses of the other person.
Third party, fire and theft(2nd party policy)Everything above, plus coverage to your own vehicle in the event it gets stolen or caught on fire.
Comprehensive cover(1st party policy)Everything above plus coverage for damage to your own car caused by an accident.

  • Is the insurance company reputable?
  • How much coverage do you really need?
  • Do you need any extra add-ons?
  • Is the premium manageable?

Many Malaysians don’t know that they can readily calculate the approximate basic premium rate for their car insurance. With all the factors that go into the premium rates, the calculations can be a little complex.
Below, we’ve broken down the formula into different segments to help you understand how basic car insurance premiums in Malaysia are calculated.

Private Car Schedule of Premiums
West MalaysiaEast Malaysia (RM)
Cubic Capacity (cc) Not exceeding*Comprehensive (X – Rate for first RM1,000 sum insured)Third Party*Comprehensive (Rate for first RM1,000 sum insured)Third Party
1400273.8120.6196.267.5
1650305.5135.0220.075.6
2200339.1151.2243.985.2
3050372.6167.4266.593.6
4100404.3181.8290.4101.7
4250436196.2313.0110.1
4400469.6212.4336.4118.2
Over 4400501.3226.8359.5126.6

Formula to Calculate Your Car Insurance Basic Premium
West MalaysiaComprehensive rate for first RM1,000 sum insured (from the table above) + RM26 for each RM1,000 or part thereof on value exceeding the first RM1,000.
East MalaysiaComprehensive rate for first RM1,000 sum insured (from the table above) + RM20.30 for each RM1,000 or part thereof on value exceeding the first RM1,000.
  • Your car’s gross market value
  • No-Claim Discount (NCD)
  • Manufactured year of the vehicle
  • West Malaysia or East Malaysia
  • Your car’s cubic capacity
  • Betterment

A typical car insurance policy will not provide coverage for:

  • Your own death or bodily injury;
  • Your liability against claims from your passenger;
  • Theft of non-factory fitted vehicle accessories (car stereos, leather seats, sports rims, etc.) unless otherwise declared.
  • Consequential loss, depreciation, wear and tear, mechanical or electrical breakdown failures or breakages; and
  • Loss/damage arising from an act of nature e.g. flood, landslide (unless you sign up for additional coverage with extra premium)
Car insurance cover periods in Malaysia work on an annual basis of 12 months. The insurance policy is effective from the time of purchase or the agreed time of commencement.
  • Windscreen coverage
  • Special perils
  • Strike, riot and civil commotion
  • Additional named driver
  • Passenger liability
  • Compensation for assessed repair time
  • Smart key replacement
  • Spare part replacement
  • Stamp duty
  • Sales and Service Tax (SST)
  • Agent commission

In a serious road accident, there are typically two types of costs to think about - the medical expenses and car repair damages.
In their most basic form, most car insurance policies only cover the death and disabilities of the third party and not you, the driver. Personal accident insurance on the other hand, can offer you peace of mind knowing that your medical bills are covered for in the event of an accident.

  • Through an insurance agent
  • Via the insurance company
  • Online via the insurance company’s website
  • Over-insurance / Under-insurance
  • Your car’s market price
  • Check your No Claim Discount (NCD)

Step 1: Contact your insurance company ASAP
Step 2: Prepare evidence of the incident
Step 3: File a report at the nearest police station within 24 hours
Step 4: Prepare the following documents for your claims
Step 5: Submit the documents required by your insurer

  • Original copy of police report
  • Original copy of investigation result by police
  • Motor accident report form
  • Claim form from insurance company
  • Scanned image of the driver’s IC
  • Scanned image of the policy holder’s IC
  • Bill for the repair work