Confused by car insurance myths in Malaysia? You’re not alone! This guide debunks common misconceptions and empowers you to make informed decisions when choosing car insurance coverage. No more confusion, get a free quote today with a simple click on our WhatsApp button!
Myth #1: Third-party liability is enough.
Fact: While mandatory, third-party liability only covers injuries and property damage caused to others in an accident you’re at fault for. It doesn’t protect your own vehicle. Comprehensive coverage is highly recommended for financial protection in case of accidents, theft, fire, and more.
Myth #2: A higher car value means more expensive insurance.
Fact: Yes, it can be a factor, but not the only one. Insurers also consider your age, driving experience, location, and claim history. Safe driving habits and a clean record can lead to significant premium discounts, even for high-value cars.
Myth #3: You can’t change your car insurance once purchased.
Fact: You can renew or switch providers annually. It’s crucial to compare quotes before each renewal to ensure you’re getting the best deal. Your needs and car’s value might change, allowing for adjustments in coverage or finding a more competitive insurer.
Myth #4: Using a workshop not recommended by your insurer voids your coverage.
Fact: Not necessarily. Most comprehensive policies allow repairs at any qualified workshop. However, always check with your insurer beforehand to confirm coverage specifics and avoid any potential issues.
Myth #5: Making a small claim won’t affect your premium.
Fact: Any claim, regardless of amount, can impact your No Claims Discount (NCD), which reduces premiums for claim-free years. Consider the potential premium increase versus the claim amount before filing for minor repairs.
Intercontinental Motors: Your Partner in Car Insurance Knowledge (and Efficiency!)
At Intercontinental Motors (KL & Selangor), we’re committed to educating our customers and making the process of getting a quote as easy as possible. Our team of insurance specialists can answer your questions and help you navigate car insurance options in Malaysia.
Get a Free Quote Today – Click the WhatsApp Button!
Skip the hassle of filling out forms. Visit our website and click the WhatsApp button to connect directly with our team. We’ll answer your questions and get you a free, personalized quote for the perfect car insurance plan for your needs. Drive with confidence, knowing you have the right coverage at the best price!
By understanding the truth behind common car insurance myths, you can make informed decisions and choose a plan that offers the best protection for your budget. Don’t wait, click and get your free quote today!