What can I get from this car insurance?
If you commute to work by car everyday, you'll definitely feel the pain on your wallet from car maintenance, fuel, tolls and not to mention the yearly roadtax. Don't let your car gobble up your hard-earned money any further!
With MPI Generali Comprehensive Private Car Insurance, you can save hundreds and thousands from the money you spend on car repairs and third party liability in case you inevitably hurt the other party involved due to an accident. That's not all, your car is also safely insured against accidental fire damage and theft.
Is there any additional coverage I can get for my car?
Certainly, you can have your car protected from the inside out! Additional coverage are available for windscreen, natural catastrophe such as flood, your liability against claims for your passengers and vehicle accessories. Pay a little bit more to cast your worries away, it's a worth buy after all.
How much do I have to pay for premium?
The premium you'll be charged at depends on your vehicle type, engine displacement, age of your vehicle and claims experience but the rates are governed by Bank Negara Malaysia ( BNM) or in an insurance term, it's called Motor Tariff.
With that said, you'll find the prices are pretty standard across all insurance companies. So the key attributes that distinguish the best from good are the after-sales service and extra benefits that come with the policy.
How insurer determine the no claim discount ( NCD) I am entitled to?
Not to worry, there's no sophisticated condition and calculation behind NCD. You will automatically receive 25% NCD which is tied to your car after the first year of insurance provided that there's no claim arises from your policy. Subsequently, it's 30% after two years of insurance, 38.33% for three years without any claim, 45% after fours years and lastly a maximum of 55% for five years and above.
Do I have to pay for GST?
Nod Submissively * Yes, 6% GST will be included in the calculation of your premium.