Best Comprehensive Car Insurance in Malaysia 2023

Get the best comprehensive insurance cover in Malaysia by applying car insurance online on RinggitPlus.

Best Comprehensive Car Insurance in Malaysia

There are three types of car insurance in Malaysia: comprehensive cover, third party cover, third party fire and theft cover. 

They sound pretty similar but when you look into the details, each of them offers different coverage.

For instance, third party car insurance covers only the repair cost of other people’s car involved in the accident. 

Same goes to third party fire and theft insurance, with the addition of coverage for damage caused by fire and theft. 

These car insurance are more affordable compared to comprehensive car insurance because the coverage isn’t applicable for your own car.

Therefore, it’s highly recommended to get comprehensive car insurance for maximum financial protection so you don’t have to drain your savings to repair your car. 

Know What Your Car Insurance Cover

Comprehensive Car Insurance

  • Death or injury to other parties
  • Damage to other parties' property
  • Loss/damage to your vehicle caused by fire or theft
  • Damage to your vehicle due to accident

Extension Cover to Comprehensive Policy

  • Windscreen damage
  • Damage arising from flood, windstorm, landslide and other natural disasters
  • Damage to your vehicle due to malicious damage or riot, strike and civil commotions
  • Personal accident and medical benefits for driver and passengers
  • Liability to passengers
  • Liability to the third party caused by passengers
  • E-hailing
  • Vehicle accessories
  • Smart key replacement
  • Car re-spray
  • Compensation for loss of use

*Extension cover may differ for each car insurance companies

Car Insurance in Malaysia 2022 - A Comparison

Car InsuranceFeatures
Etiqa Car Insurance
  • Legal costs up to RM2,000
  • 24-hour Etiqa Auto Assist
  • E-hailing add-on coverage
AmAssurance Car Insurance
  • 0% repair cost
  • Unlimited coverage on Bodily Injury & Accidental Death
  • Car accessories add-on coverage
HSBC Car Insurance
  • Up to 55% no-claim discount
  • 24/7 free towing
  • Alternative travel assistance
Hong Leong Bank Car Insurance
  • Unlimited coverage on Bodily Injury & Accidental Death
  • Excess from RM400
  • Warranty on claims
MSIG Car Insurance
  • Up to RM3,000,000 on Loss/Damage of Property
  • Unlimited coverage on Bodily Injury & Accidental Death
  • Up to 55% no-claim discount

Takaful Car Insurance in Malaysia 2023 - A Comparison

Car Insurance Features
Etiqa Car Insurance
  • 24/7 free towing
  • Up to 55% no-claim discount
  • E-hailing add-on coverage
Maybank Car Insurance
  • Unlimited coverage on Bodily Injury & Accidental Death
  • 0% repair cost
  • Refund on early cancellation
Takaful IKHLAS Car Insurance
  • Excess from RM400
  • 24/7 free towing
  • 24/7 roadside assistance
Takaful Malaysia Car Insurance
  • Wide-range add-on coverage
  • Up to 55% no-claim discount
  • Refund on early cancellation
Zurich Takaful Car Insurance
  • E-hailing add-on coverage
  • Compassionate Flood Expenses add-on coverage
  • 0% repair cost

Comprehensive Car Insurance, Best for E-hailing Drivers

Although often categorised as one of the types of car insurance, e-hailing insurance is, in fact, an extension cover of comprehensive car insurance. 

Comprehensive car insurance doesn’t offer coverage for vehicles used for commercial purpose thus e-hailing drivers who are looking for car insurance have to take this extension.

Some car insurance companies that offer e-hailing extension are:

Frequently Asked Questions (FAQs) on Car Insurance

Q: I have a limited budget, which one is the cheapest car insurance?
A: You can go for the third party insurance that covers only the third party involved in the accident.

Q: Can I claim against my injury or death?
A: Unfortunately no, however, personal accident insurance and medical card can help you with that.

Q: Why does the car insurance company reject my claims?
A: The claims that you submitted might actually fall under the add-on coverage that you don’t sign up for therefore your claims are rejected.
Some other reasons for rejected car insurance claims are you haven’t paid or renewed your premium, you drove recklessly or was driving under the influence of alcohol and someone else/unlicensed driver drove your car.

Q: Can I avail car insurance if my car is older than 15 years?
A: Very few car insurance providers willing to provide you because of the age of your car. When that happens, be prepared to pay a very high premium.

Q: What are the major exclusions?
A: Some of the major exclusions are your own death or bodily injury, windscreen damage, loss/damage arising from an act of nature or riot, spare parts repair and the loss of use of your vehicle.
However, you can take some add-on coverage on top of your comprehensive car insurance to get total protection.

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