1. What is motor comprehensive insurance?
Motor comprehensive insurance, also referred to as comprehensive car insurance, is a type of auto insurance that offers extensive coverage for your vehicle in various scenarios, including accidents, fire, theft, vandalism, and other damages. It provides comprehensive protection for a wide range of incidents.
For Allianz motor comprehensive insurance, private car policyholders will be exclusively entitled to the Allianz Road Rangers benefit which comes complimentary. This best-in-class service is designed to enhance roadside assistance and support for our policyholders nationwide, ensuring a safe and swift return to the road.
2. Why motor comprehensive insurance is important?
Motor comprehensive insurance provides coverage for own vehicle damage as opposed to third-party insurance with a variety of coverage options for peace of mind. In Malaysia, it is mandatory for a vehicle owner to at least have third-party liability insurance.
3. Is it mandatory to have car insurance in Malaysia?
Yes, it is mandatory to have at least third-party car insurance in Malaysia. The potential penalties for driving without car insurance may lead to fines, suspension of driver’s license and unable to renew road tax.
4. How can I ensure that my vehicle is adequately insured in Malaysia?
In addition to the standard coverage for car insurance, there are optional features and benefits that you can include based on your specific coverage needs. Since car insurance renewal is an annual process, review the types of coverage you require and their corresponding premium charges to align with your risk profile.
5. Which considerations are key to choosing a reliable motor insurance company?
The defining features of a motor insurance company that stands itself apart from others are its financial strength and stability for peace of mind in getting claims, options and flexibility to customise a policy for your specific needs and most importantly, the level of quality when it comes to claims handling process and speed.
6. Can I transfer my comprehensive car insurance policy if I change vehicles?
The car insurance policy will automatically lapse once you sell or dispose of your car because your insurable interest in the car will cease. If you want to transfer the policy to the new buyer, you must get prior consent from the insurer.
7. What should I do if I am involved in a car accident in Malaysia?
If you have motor insurance with
Allianz Malaysia, we have provided a helpful guide with do’s and don’ts for what to do after an accident or theft. You can find the guide on page 5 of our policy
here.