Ambani Car Insurance Calculator Malaysia

Ambani Car Insurance Calculator Malaysia – When you own a car in Malaysia, car insurance and road tax can be a big expense. Therefore, it is necessary to know how they are calculated and the final price to help you plan your budget. Also, if you are planning to buy a car, you need to know how much you will spend on taxes and other related expenses.

Although different contractors have the highest prices, the road tax price is determined by the Malaysian Road Transport Department (Jabatan Penangkutan Jalan or JPJ) based on a special formula. However, the amount paid to the government every year varies depending on different factors.

Ambani Car Insurance Calculator Malaysia

We’ve put together this handy guide to road tax in Malaysia to help you calculate the cost.

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Although it is commonly referred to as road tax, it is officially known as a Vehicle License (VLC) as set out in the Road Transport Act 1987.

Your annual renewal tax is paid to the government and the money is deposited into a mutual fund. The money is used to repair and improve our transportation infrastructure, including public transportation.

Malaysia has a unique system for calculating and pricing road tax, which we describe in detail below.

The bigger your engine (measured in cubic capacity (cc)), the more expensive the road tax will be. Whether it’s a petrol or diesel engine, it doesn’t affect the cost of the road.

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Tip: You can often tell the capacity of your car by following the model name. For example, the Proton Saga 1.3 has a 1300cc engine and the 1.6 Saga has a 1600cc engine.

The rate for cars in all areas is RM20, while the rate for motorcycles is RM2; Prices go up gradually depending on the size of your engine. There is a fixed charge up to 1600cc (between RM20 to 90cc) but progressive charges start for vehicles after 1600cc.

The geographical location of your vehicle also affects the amount of your road tax. In general, drivers in East Malaysia (Sabah and Sarawak) pay lower rates than those in Peninsular Malaysia.

Cars often encounter narrow roads and bad roads due to the geographical situation and infrastructure that is not very developed. Therefore, many East Malaysians choose to buy two-wheelers for daily commuting and handling different types of roads. Two-wheeled vehicles have higher engine efficiency and maintenance costs, so the low road tax system compensates for these costs.

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On the other hand, Pangkor, Langkawi and Labuan are tax-free zones, allowing them to lower road tax than East Malaysia. The fee is RM20 for vehicles with engine less than 1000cc.

In Langkawi and Pangkor, large vehicles over 1000cc command half of what they do elsewhere in Peninsular Malaysia. Labuan has the cheapest tax rate in Malaysia, with drivers only paying 50% of the cost of a car in East Malaysia.

Note: When calculating the road tax, the place where you currently keep your car will be taken into account, not the place where it is located, so a vehicle registered in Sabah used in KL will be subject to the West Malaysia tax.

On Malaysian roads, all vehicles are classified as “saloon” or “non-saloon”. Classified as sedan, hatchback, coupe, wagon and saloon convertible.

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MPVs, SUVs and pickup trucks, classified as non-saloon vehicles, have higher base rates. However, when you go above a certain engine size, the price can be lower than a saloon car of the same size.

Saloon cars have a higher displacement rate when the engine capacity is above 1600cc than non-saloon cars.

Important: The most common mistake that people make is choosing the wrong type of car, which results in paying taxes. When buying road tax, make sure you choose the right type of vehicle.

Factory registered cars will have higher rates, but this only applies to showroom cars. Interestingly, the price is the same for non-showroom cars, private cars and company cars.

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In the latest update from JPJ, electric vehicles (EV) in Malaysia will be charged based on kilowatt engine power instead of engine displacement. In addition, the price of an electric car is based on whether it is a saloon or non-saloon model. The price will not be affected if you register as an individual or a company.

The tax for electric motorcycles also starts from RM2, but you only have to pay RM42 if the output is more than 40,000W (40kW).

However, if you’re planning to own an electric vehicle, you’ll be happy to know that all fully electric vehicles powered by batteries (BEVs) or fuel cell vehicles (FCEVs) are tax-exempt. road until December 31st. 2025.

So, now you know the factors that determine the amount of road tax and the formula for the rate of progress, here is an example of the calculation:

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Below you will find a list of road tax prices for popular car types. Use the browser’s search function (Ctrl + F) to quickly find models in a long list.

Tip: Use the insurance calculator and road tax calculator if you don’t have a list of vehicles or if you want to calculate insurance premiums and road tax.

Disclaimer: Tax rates quoted are correct at the time of publication and are subject to change without notice. Check JPJ for any changes.

Disclaimer: This blog post is for informational purposes only and should not be construed as advice of any kind. disclaims all liability for damages resulting from reliance on the information contained in this article Effective July 1, 2017, rates for Motor Comprehensive and Motor Third Party, Fire and Theft products have been liberalized. After the liberalization of the motor duty by Bank Negara Malaysia (BNM), the rate is determined by individual insurers and takaful operators. Car insurance premiums have changed because of this liberalization, giving consumers more options. For you to know, in this article we share the factors that affect the cost of car insurance and how to calculate the cost of car insurance.

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One factor that affects car insurance premiums is the value of the car. Generally, cars with a higher market value have higher insurance and therefore higher prices. For example, a new BMW 2 Series Gran Coupe with a market price of RM199,177 will have a higher insurance premium than a new Honda Jazz with a price of RM75,300.

However, keep in mind that car prices decrease every year. Therefore, it will lower your insurance premiums because the market value of your car will decrease. You can check the value of your car for free at MyCarInfo.

The year of manufacture of the car also affects the car insurance premium. For example, a Proton Saga produced in 2016 will have lower insurance coverage than a Proton Saga produced in 2021. In other words, the insurance coverage for older cars is lower than the insurance coverage for the new car.

No Claim Deductible (NCD) also affects your car insurance premiums. NCD is a ‘reward’ scheme that you get if you don’t make a claim on your insurance policy every year.

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NCD rates vary for different vehicle classes. For private vehicles, NCD rates range from 25% to 55%. The higher your NCD, the lower your car insurance premium. See the overview below for NCD rates for private cars in Malaysia.

The type of car insurance you choose also affects your premiums. Comprehensive insurance is the most basic insurance that is more expensive than third party insurance. Meanwhile, third party, fire and theft insurance is cheaper than comprehensive insurance but more expensive than third party insurance.

For your information, comprehensive insurance is mandatory for vehicles 10 years old or less For vehicles over 15 years old, third party fire and theft insurance

In general, insurance premiums for cars in urban areas are higher than insurance premiums for cars outside the city.

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Additionally, car insurance premiums for cars in West or Peninsular Malaysia are higher than cars in East Malaysia (Sabah and Sarawak).

If you are a good driver and have a clean driving record, your insurance premiums may be lower. Conversely, if you frequently break traffic laws and are involved in accidents, your insurance premiums may be higher because your insurer considers you a dangerous driver.

If your job often requires you to drive to dangerous places such as construction sites, your insurance premiums may be higher. Because using your car for work puts your car at risk of accidents and damage.

Car Insurance Premium = Premium (After NCD, if applicable) + Additional Cover (if applicable) + Service Tax (6%) + Stamp Duty (RM10)

9 Factors Affecting Your Car Insurance Premium In Malaysia

In conclusion, many factors affect car insurance premiums. Factors include the value of your car, type of car insurance and your No Claims Deductible (NCD). Since your insurance premium is based on your insurance risk assessment, it is very important