Commercial Vehicle Insurance Calculator Malaysia

Commercial Vehicle Insurance Calculator Malaysia – Our premium estimator only provides an estimated cost; The final amount may vary depending on the details given at the time of purchase.

We offer a variety of additional benefits to keep you extra safe. For an additional fee, we cover:

Commercial Vehicle Insurance Calculator Malaysia

Did you know In addition to protecting you and your car, you can have more fun when you choose us!

Comprehensive Car Insurance: Third Party, Liability, Fire & Theft

If you renew your insurance online, you will receive a 10% discount. Tired of going to the counter? Now you can buy your insurance through our website or mobile app!

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PrOmilej offers all the benefits of our comprehensive plans at a lower price. Depending on how far you plan to travel, PrOmilej offers savings to protect both you and your wallet.

Depending on the PrOmilej plan you choose, you’ll save 10% to 40% on your base reward (including the optional benefits premium above if applicable).

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You can buy Promilej by visiting our mobile app (), our website or by calling our call center.

Yes, but you should consider whether it is cost-effective for you based on your existing insurer’s short-term cancellation rates.

No. Before purchasing Promilej, you must submit a photo of your odometer reading via our mobile app or online. Without it, we reserve the right to cancel your policy.

Yes you can. You must notify us in writing that you want to. Upon cancellation you will receive a refund of the premium paid based on our retention of the normal short term premium or minimum premium.

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If you exceed the distance you have been given, don’t worry. You get an extra 500 km before the policy expires.

Once you exceed both the prescribed distance and the additional 500 km, your vehicle will no longer be covered for loss, damage or other optional benefits. However, third party coverage remains unchanged.

You must upgrade your plan before you exceed your limit. It offers complete protection for you and your car on the road.

You can buy a top-up the same way you buy a policy – online, through our app or by calling us. It pays the difference between your current policy and your new policy.

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For example, if your current plan costs you RM500 and the next plan is RM800, you will only be charged RM300.

If you exceed the specified kilometers before the policy expires, you will receive an additional 500 km.

If you​​​​​​​​​​​​​​​​​​​​​​​​​​ and do not add up to the prescribed mileage and grace mileage, you are covered for bodily injury or death of a third party and damage to third party property, but not for accidental loss or damage to your vehicle , fire or fire. theft (For PrOmilej policies issued after March 19, 2021, the optional benefits listed in section 1 above are not covered if you exceed the stated mileage and grace mileage).

Once the coverage starts, you can add to the available mileage level or full mileage coverage by paying a premium. Maximum 2 refills allowed. If you are adding for the second time, you can only add full mileage coverage.

How Is Car Insurance Premium Calculated?

No, you cannot downgrade your plan. You cannot get a refund or transfer your unused miles to a new plan.

Can I still get the 10% commission discount if I use the website or app to buy the policy?

There is no device fitted to your vehicle to track your mileage. When purchasing insurance, you only need to provide the mileage of your current vehicle. In the event of a claim, we will recheck your mileage. We also send you regular reminders to check your mileage.

You may contact our staff at 1-800-88-2121 to resend your odometer photo one day before coverage begins. Then we make the necessary changes.

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Yes. You can purchase flood or windshield coverage for an additional fee that matches your specific mileage.

Please refer to the policy agreement and product disclosures for complete terms under this policy. Or worse, a month, depending on the severity. You may find it very uncomfortable to move. In this case, additional CART coverage along with your comprehensive policy may be helpful to meet your needs.

Estimated Time to Repair (CART) compensation is a reasonable amount paid by third party insurance companies as compensation for loss of use of the vehicle.

This is determined by how long it takes for the repair shop to repair the damage to your car. Repairs may take time depending on severity. As a result, they can take a day, a week or a month to fix your car.

Which Criteria Affect Car Insurance Policy Rates?

You may feel uncomfortable without your own car. Therefore, you have the right to claim against CART’s third party insurance, since you were not at fault in the accident.

The purpose of the compensation you receive is to compensate you for alternative transport options and other changes you may have to make at that time.

The first type of CART is only purchased as additional insurance for the policy holder. You can claim CART whether you were at fault or not.

Diana insured your car and bought CART, where she chooses a 7-day package at RM100 per day.

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During the policy period, his car had an accident (March 2021). As a result, he has to send his car to the workshop for repair. The claimant takes 5 days to evaluate the repair of his car. Here is the calculation of how much compensation he will receive:

Based on the table above, they have used 5 days of your CART coverage. So, your CART is not closed for 2 days. In case of future accidents, they can claim the remaining 2 days.

*Note. The total number of days is also updated when the policy is renewed, covering you with each new policy.

You are eligible to claim under this type of CART. However, this only applies if you are not at fault and submit a claim against a third-party insurer. In addition, there is no additional charge for additional fees.

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Based on Diana’s example, the third party insurer will only reimburse her RM150-250 (depending on the ccm of her car).

Claims adjusters are highly trained insurance professionals whose primary role is to represent insurance companies by determining a client’s financial loss after a claim is filed.

After delivering your car to the workshop (usually panel workshops identified by his insurer), the adjuster will estimate how long it will take the workshop to complete the repair and determine the days to pay CART.

The adjuster evaluates it and advises the insurance agency. However, the exact amount you get depends on the specifics of your insurance policy.

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CART is useful if you use the benefit to cover the cost of car rental or taxi fares while your car is being repaired.

Therefore, you may want to consider purchasing CART coverage in your general plan policy. Please note that the premium for CART varies between insurers. We recommend checking with your preferred insurer before purchasing.

It is one of the largest car insurance comparison platforms in Malaysia offering 15 insurance brands. Get free car insurance quotes online and renew your car insurance online in just 5 minutes. Calculating car insurance can seem complicated, but understanding the process will help you make informed decisions and manage your finances effectively. In this guide, we’ll explain how to calculate car insurance, help you plan your budget and make sure you have enough cover.

Insurance companies use a variety of factors to determine your premium, including your driving history, the type of car you drive, your age and where you live. By knowing about these factors and how they affect your insurance costs, you can better anticipate your costs and take steps to possibly lower your premiums.

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An easy way to find out the current price of your car is to visit buy-sell and listing websites. You can check the current selling price of your car or use an online calculator like the Car Market Value Calculator.

Different types of car engine capacity are available in Malaysia such as 660cc, 860cc, 1,000cc, 1,300cc, 1,600cc, 1,800cc, 2,000cc and more. To calculate your car insurance and road tax, you need to identify the capacity of your engine.

No-Claim Discount or Car NCD is a discount offered by insurance companies to car owners to reduce payments. This discount is usually based on the number of years you own the car without making an insurance claim. For example:

Understanding how your auto insurance premium is calculated is critical to managing your auto expenses

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