{"id":33036,"date":"2023-05-03T02:15:56","date_gmt":"2023-05-02T18:15:56","guid":{"rendered":"https:\/\/carsome.my\/news\/item\/right-car-insurance"},"modified":"2024-07-15T12:03:22","modified_gmt":"2024-07-15T04:03:22","slug":"right-car-insurance","status":"publish","type":"post","link":"https:\/\/www.carsome.my\/news\/item\/right-car-insurance","title":{"rendered":"Tips To Find The Right Car Insurance For You"},"content":{"rendered":"

Getting car insurance is mandatory for every car in Malaysia. However, that doesn\u2019t mean you don\u2019t need to put some thought into getting the right one that suits your needs.<\/span><\/p>\n

Here are five factors you should put on your checklist before you decide.<\/span><\/p>\n

1. The Amount You Pay for the Policy<\/b><\/h2>\n

In the past, motor insurance premiums were regulated by a tariff structure that was controlled by Bank Negara Malaysia. The liberalization of motor insurance in Malaysia since 2017 has seen local insurance providers gradually implementing <\/span>risk-based pricing<\/span><\/a>.<\/span><\/p>\n

This means the providers are able to introduce a wider range of products with more flexible pricing. You should shop around and compare the products in the market because there\u2019s every chance that you\u2019ll find a <\/span>slight<\/span><\/i> variation in the premiums between one car insurer and the next.<\/span><\/p>\n

Tip:<\/b> Some car insurers now offer their policies fully online, making it easier for you to compare, apply, buy, and file your claims online. Get a quote for car insurance through CARSOME Capital <\/span>here<\/span><\/a>.\u00a0<\/span><\/p>\n

Also, some car insurance companies may charge you an additional premium if you\u2019re under 25. Even though the difference might be small, you\u2019ll still benefit financially by making a comparison first before you decide.<\/span><\/p>\n

\"driver's<\/p>\n

2. The Value-Added Services You Enjoy<\/b><\/h2>\n

When your car breaks down or becomes immobile after an accident, the last thing you need is trying to figure out what telephone number to call to get some help, which is where that value-added towing\/roadside service provided by your car insurance company comes into place.<\/span><\/p>\n

In Malaysia, most car insurers have some form of towing\/roadside assistance service, though there are still some that do not. If you\u2019re not good with cars, it may be to your benefit to go with a car insurer that provides such a service.<\/span><\/p>\n

Did you know?<\/b><\/p>\n

All CARSOME Certified cars come with a warranty for the first year, which includes roadside assistance.\u00a0<\/span><\/p>\n

Note:<\/b> Even among car insurers that do provide towing\/roadside service, the terms and conditions as well as the extent and coverage of the service are bound to be different. You\u2019ll want to find one that fits your needs the most.<\/span><\/p>\n

3) The Network of Panel Workshops<\/b><\/h2>\n

When you get into an accident, you will need to get your car repaired at a panel workshop in order to make a claim on your insurance policy. If your car insurer has a limited network of panel workshops serving your area, the simple task of sending your car to a workshop would be harder.<\/span><\/p>\n

Car insurers that have a nationwide presence may be more suited for motorists who need to travel frequently to out-of-town locations. However, some people may prefer the personal touch of their local insurance provider which may have limited coverage outside certain states.<\/span><\/p>\n

For peace of mind, you may want to prioritize the car insurers with larger networks of panel workshops in your area.<\/span><\/p>\n

4) Takaful vs Conventional Car Insurance<\/b><\/h2>\n

Both Takaful and conventional car insurance work on similar basic principles, namely: they both require you to pay for coverage and in return, offer protection in the event of an accident.<\/span><\/p>\n

The biggest difference, however, is that a Takaful product works in accordance with Shariah principles, whilst conventional car insurance usually does not. If Shariah compliance is an important consideration for you, you may wish to consider only car insurers that do offer Takaful products.<\/span><\/p>\n

Major car insurers in Malaysia that do provide Takaful car insurance can be found <\/span>here<\/span><\/a>.<\/span><\/p>\n

5) Reputation & Service Level<\/b><\/h2>\n

As with all services you pay money for, you will want to opt for a car insurance provider that has a good track record and exceptional service level.<\/span><\/p>\n

Some ways you could go about finding out about service levels include chatting with people who have previously made claims on their car insurance policies, or surfing through online forums and reading what the common folks are saying.<\/span><\/p>\n

When you are faced with an emergency, some people may prefer dealing with a familiar agent rather than an anonymous call center. Others may prefer to file their claims without any fuss using online channels while others choose to have someone do it for them. It\u2019s always best to find the car insurance provider that best suits your needs when it comes to such personal preferences.<\/span><\/p>\n

If you\u2019re looking for an affordable, quality car, check out <\/span>CARSOME<\/span><\/a>. Each <\/span>CARSOME Certified car<\/span><\/a> is thoroughly inspected with a 175-point check and professionally refurbished to ensure its safety, comfort, and quality are up to standards. We\u2019re sure you\u2019ll be able to find a car that meets your budget and needs.<\/span><\/p>\n

This article was originally published on <\/span>iMoney.my<\/span><\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Are you looking for car insurance that fits your needs? Here are tips to help you choose the right one.<\/p>\n","protected":false},"author":39,"featured_media":33038,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[117],"tags":[],"yoast_head":"\nThe Malaysian Guide to Choosing the Right Car Insurance<\/title>\n<meta name=\"description\" content=\"Car insurance protects you and your car should you be involved in an accident. Here are tips on how to choose the right car insurance to fit your needs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/car-insurance-in-malaysia\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Help! How Do I Choose My Car Insurance?\" \/>\n<meta property=\"og:description\" content=\"Are all car insurance in the market the same? Afraid not. Here are some key things you should consider when choosing the right coverage.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/car-insurance-in-malaysia\" \/>\n<meta property=\"og:site_name\" content=\"Carsome Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-02T18:15:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-15T04:03:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2023\/05\/How-to-choose-insurance-car-towing.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"799\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Brian Wong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Brian Wong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.imoney.my\/articles\/car-insurance-in-malaysia#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.carsome.my\/news\/item\/right-car-insurance\"},\"author\":{\"name\":\"Brian Wong\",\"@id\":\"https:\/\/www.carsome.my\/news\/#\/schema\/person\/1703fa3a4799a53e3b6be491169fafb5\"},\"headline\":\"Tips To Find The Right Car Insurance For You\",\"datePublished\":\"2023-05-02T18:15:56+00:00\",\"dateModified\":\"2024-07-15T04:03:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.carsome.my\/news\/item\/right-car-insurance\"},\"wordCount\":791,\"publisher\":{\"@id\":\"https:\/\/www.carsome.my\/news\/#organization\"},\"articleSection\":[\"Car Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.carsome.my\/news\/item\/right-car-insurance\",\"url\":\"https:\/\/www.imoney.my\/articles\/car-insurance-in-malaysia\",\"name\":\"The Malaysian Guide to Choosing the Right Car Insurance\",\"isPartOf\":{\"@id\":\"https:\/\/www.carsome.my\/news\/#website\"},\"datePublished\":\"2023-05-02T18:15:56+00:00\",\"dateModified\":\"2024-07-15T04:03:22+00:00\",\"description\":\"Car insurance protects you and your car should you be involved in an accident. Here are tips on how to choose the right car insurance to fit your needs.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/car-insurance-in-malaysia#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.imoney.my\/articles\/car-insurance-in-malaysia\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.imoney.my\/articles\/car-insurance-in-malaysia#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.carsome.my\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tips To Find The Right Car Insurance For You\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.carsome.my\/news\/#website\",\"url\":\"https:\/\/www.carsome.my\/news\/\",\"name\":\"Carsome Malaysia\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.carsome.my\/news\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.carsome.my\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.carsome.my\/news\/#organization\",\"name\":\"Carsome\",\"url\":\"https:\/\/www.carsome.my\/news\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.carsome.my\/news\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/carsomemy.s3.ap-southeast-1.amazonaws.com\/wp\/Carsome-New-Logo1.jpg\",\"contentUrl\":\"https:\/\/carsomemy.s3.ap-southeast-1.amazonaws.com\/wp\/Carsome-New-Logo1.jpg\",\"width\":980,\"height\":815,\"caption\":\"Carsome\"},\"image\":{\"@id\":\"https:\/\/www.carsome.my\/news\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.carsome.my\/news\/#\/schema\/person\/1703fa3a4799a53e3b6be491169fafb5\",\"name\":\"Brian Wong\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.carsome.my\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2023\/06\/WhatsApp-Image-2023-06-20-at-16.01.49.jpg\",\"contentUrl\":\"https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2023\/06\/WhatsApp-Image-2023-06-20-at-16.01.49.jpg\",\"caption\":\"Brian Wong\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Malaysian Guide to Choosing the Right Car Insurance","description":"Car insurance protects you and your car should you be involved in an accident. Here are tips on how to choose the right car insurance to fit your needs.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.imoney.my\/articles\/car-insurance-in-malaysia","og_locale":"en_US","og_type":"article","og_title":"Help! How Do I Choose My Car Insurance?","og_description":"Are all car insurance in the market the same? Afraid not. Here are some key things you should consider when choosing the right coverage.","og_url":"https:\/\/www.imoney.my\/articles\/car-insurance-in-malaysia","og_site_name":"Carsome Malaysia","article_published_time":"2023-05-02T18:15:56+00:00","article_modified_time":"2024-07-15T04:03:22+00:00","og_image":[{"width":1200,"height":799,"url":"https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2023\/05\/How-to-choose-insurance-car-towing.jpg","type":"image\/jpeg"}],"author":"Brian Wong","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Brian Wong","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.imoney.my\/articles\/car-insurance-in-malaysia#article","isPartOf":{"@id":"https:\/\/www.carsome.my\/news\/item\/right-car-insurance"},"author":{"name":"Brian Wong","@id":"https:\/\/www.carsome.my\/news\/#\/schema\/person\/1703fa3a4799a53e3b6be491169fafb5"},"headline":"Tips To Find The Right Car Insurance For You","datePublished":"2023-05-02T18:15:56+00:00","dateModified":"2024-07-15T04:03:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.carsome.my\/news\/item\/right-car-insurance"},"wordCount":791,"publisher":{"@id":"https:\/\/www.carsome.my\/news\/#organization"},"articleSection":["Car Tips"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.carsome.my\/news\/item\/right-car-insurance","url":"https:\/\/www.imoney.my\/articles\/car-insurance-in-malaysia","name":"The Malaysian Guide to Choosing the Right Car Insurance","isPartOf":{"@id":"https:\/\/www.carsome.my\/news\/#website"},"datePublished":"2023-05-02T18:15:56+00:00","dateModified":"2024-07-15T04:03:22+00:00","description":"Car insurance protects you and your car should you be involved in an accident. Here are tips on how to choose the right car insurance to fit your needs.","breadcrumb":{"@id":"https:\/\/www.imoney.my\/articles\/car-insurance-in-malaysia#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.imoney.my\/articles\/car-insurance-in-malaysia"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.imoney.my\/articles\/car-insurance-in-malaysia#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.carsome.my\/news\/"},{"@type":"ListItem","position":2,"name":"Tips To Find The Right Car Insurance For You"}]},{"@type":"WebSite","@id":"https:\/\/www.carsome.my\/news\/#website","url":"https:\/\/www.carsome.my\/news\/","name":"Carsome Malaysia","description":"","publisher":{"@id":"https:\/\/www.carsome.my\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.carsome.my\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.carsome.my\/news\/#organization","name":"Carsome","url":"https:\/\/www.carsome.my\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.carsome.my\/news\/#\/schema\/logo\/image\/","url":"https:\/\/carsomemy.s3.ap-southeast-1.amazonaws.com\/wp\/Carsome-New-Logo1.jpg","contentUrl":"https:\/\/carsomemy.s3.ap-southeast-1.amazonaws.com\/wp\/Carsome-New-Logo1.jpg","width":980,"height":815,"caption":"Carsome"},"image":{"@id":"https:\/\/www.carsome.my\/news\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.carsome.my\/news\/#\/schema\/person\/1703fa3a4799a53e3b6be491169fafb5","name":"Brian Wong","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.carsome.my\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2023\/06\/WhatsApp-Image-2023-06-20-at-16.01.49.jpg","contentUrl":"https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2023\/06\/WhatsApp-Image-2023-06-20-at-16.01.49.jpg","caption":"Brian Wong"}}]}},"_links":{"self":[{"href":"https:\/\/www.carsome.my\/news\/wp-json\/wp\/v2\/posts\/33036"}],"collection":[{"href":"https:\/\/www.carsome.my\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.carsome.my\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.carsome.my\/news\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/www.carsome.my\/news\/wp-json\/wp\/v2\/comments?post=33036"}],"version-history":[{"count":2,"href":"https:\/\/www.carsome.my\/news\/wp-json\/wp\/v2\/posts\/33036\/revisions"}],"predecessor-version":[{"id":38261,"href":"https:\/\/www.carsome.my\/news\/wp-json\/wp\/v2\/posts\/33036\/revisions\/38261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.carsome.my\/news\/wp-json\/wp\/v2\/media\/33038"}],"wp:attachment":[{"href":"https:\/\/www.carsome.my\/news\/wp-json\/wp\/v2\/media?parent=33036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.carsome.my\/news\/wp-json\/wp\/v2\/categories?post=33036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.carsome.my\/news\/wp-json\/wp\/v2\/tags?post=33036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}