Kurnia Car Insurance Malaysia Online

Kurnia Car Insurance Malaysia Online – Many of us recognize Kurnia as our country’s favorite insurance provider since 1978. To date, the company has been offering a variety of insurance products to address the diverse needs of Malaysians for decades.

Kurnia car insurance is a popular choice for car insurance as it offers comprehensive coverage to protect vehicles and their owners from potential risks and financial losses.

Kurnia Car Insurance Malaysia Online

We will explain Kurnia insurance plans for car owners in the third part. In this article we look at comprehensive private car insurance and the reasons why you should choose Kurnie as your insurance provider.

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Kurnie offers three comprehensive plans with different coverage options for passenger cars. They are Private Car Comprehensive, Auto365 Comprehensive Plus and Auto365 Comprehensive Premier.

All three plans cover their own personal injury claim, third party property damage claim and third party personal injury claim. Below are the components of each plan.

This is a basic plan that provides basic protection for cars. The plan has the following benefits:

Auto365 Plus offers the best value for money with added car protection. This plan has four additional coverages compared to a comprehensive private car plan.

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Auto365 Premier is Kunia’s third comprehensive car insurance. It has the widest coverage among all other plans.

Kurnie is one of the largest motor insurance companies in Malaysia. On average, it protects every seventh car in the country. It currently offers more than four million general insurance policies nationwide.

The brand has more than 30 branches, more than 6,000 agents, more than 300 panel workshops across the country and various online customer service channels.

Kurnie has a wide range of coverage options for private vehicle owners. To know more about Kurnia car insurance plans, visit their official website for terms and conditions.

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If you want to own one of the above policies, visit us for a free price comparison. Our platform offers all the above benefits and a huge saving on your vehicle insurance.

Renewal can be done in 5 minutes and your policy will be activated on the same day. Click the button below for more details.

It is one of the largest insurance comparison websites in Malaysia, offering policies from more than 10 brands. Get a free insurance quote today! You must have come across confusing terms when renewing your car insurance. Chances are you’ve seen “Acquired Value”, “Market Value” and “Insured Value” when deciding how much to insure your car. You’ve probably also seen them while researching the best car insurance plan while reading auto insurance product brochures.

It is important to understand the terms and conditions first, especially if you are buying a comprehensive policy. Your choice will affect your premium if you file a claim for theft or total loss.

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In principle, you can also be sure of choosing the best insurance policy for your car if you understand what Sum Insured, Negotiated Value and Market Value mean.

In simple terms, sum insured is defined as the sum insured of your car which you can decide based on the current market value. The value of your car decreases every year and the insurance value you choose will usually decrease accordingly.

By choosing the right level of coverage, you can avoid over or under insuring your car. If your vehicle is not insured, you will not receive full compensation for loss or damage to your car. Conversely, if you are overinsured, you would pay higher (and unnecessary) premiums. This is because the amount of compensation you receive is limited to the current market value of your vehicle.

As part of the purchase process, you will usually be given two insurance options: Market Value or Negotiated Value. However, your options will depend on the policy and your insurance company.

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Not to be confused with ‘current market value’, market value car insurance means that the insurer will determine the value of your car based on its current market value. This means that if you make a claim for total loss or theft, the insurer will assess your claims based on the current market value of your vehicle at the time the damage occurred.

The current market value of the vehicle is derived from various sources depending on the insurer. Some insurers use data provided by Insurance Services Malaysia (ISM), while others may use their own data sources.

The benefit of insuring your car based on market value is likely to be lower premiums each year, although the difference can sometimes be small. However, if you make a claim for total loss or theft, you may receive less than the sum insured because your car would be depreciated by the time the claim is made.

Also note that you will need to pay off your installment loan with your own cash, even after it is fully settled. This can happen, especially if you owe a large amount of outstanding balance to the bank.

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Ali’s car was worth RM50,000 when he bought the insurance cover seven months ago. He decided to insure his car based on the market value for a sum insured of RM50,000. His car was recently stolen and he filed a claim with his insurance company. If his claim is accepted, the insurer will compensate him according to the market value of the car at the time of the damage. Assume that at the time of loss, the market value of a similar model was only RM40,000. However, Ali’s car still has a bank loan and the loan balance is RM44,000. If full settlement is accepted. Ali will have to pay an additional RM4,000 out of his own pocket.

Agreed value means that your car is insured for an amount agreed between you and the insurer. Under an agreed value agreement, the sum insured you are offered is pre-calculated based on your car’s model, year and various other factors at the point of purchase. If you make a total loss or theft claim in the future, the insurer will pay you the full sum insured you have chosen, regardless of the current market value.

The payment is unaffected by amortization if you have an agreed value policy, giving you the peace of mind that you don’t have to guess the amount of your payment.

Jane decided to insure her car for RM50,000 based on the agreed value. After six months, his car was irreparably damaged and he filed a claim with the insurer for a total loss. The insurer pays him RM50,000 as agreed in the policy. Let’s say Jane owes the bank RM44,000 for a car loan. In that case, he can pay off the bank loan and keep the remaining RM6,000.

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The short answer is that it depends on one’s preferences. Consider the following factors before determining the sum insured.

With an agreed value policy, you can get the right payment for your car without worrying about depreciation or underinsurance. The market value option, on the other hand, can save you a few ringgit depending on the insurer you choose.

All of our comprehensive online policies come with an agreed value option. All our products come with competitive premium policies and extended benefits. To learn more about this attractive offer, start your budget journey.

Disclaimer: This blog post is for informational purposes and should not be construed as advice. It disclaims any liability for any loss arising from reliance on the information contained in this article. Home » Kurnia vehicle insurance: Additional options and claims procedure Kurnia vehicle insurance: additional options and claims procedure

Kurnia Insurans Kereta: Pelan Komprehensif Dengan Manfaat Terbaik

Kurnie has been offering a range of insurance products to Malaysians since 1978. We previously looked at its comprehensive passenger car cover and the reasons why you should choose Kurnie as your preferred car insurance provider.

In this second part, we look at the optional extras and the details of the Kurnia car insurance claim procedure. Read on to find out what they are and how to make a claim if necessary.

Kurnie offers additional coverage for all its car insurance plans. All three of its comprehensive car policies are eligible for the following add-ons. Policyholders can purchase them by paying an additional premium to the basic sum insured.

Kurnia customers are entitled to nationwide roadside assistance, which covers everything from accidents to breakdowns. Kurnie Auto Assist (KAA) offers its customers the following services. An automated support team is available 24 hours a day. In case of emergency, call KAA at 1800-88-3833.

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Stay calm and make sure you and the other party are safe from any immediate danger. In case of injury, seek medical attention immediately.

Do not accept responsibility, negotiate or sign anything. Get the other person’s contact and vehicle details. If you need assistance in an accident, contact Kurnia Auto Assist. Then report the accident to the police within 24 hours.

Call Kurnia’s Claims Helpdesk at 1800-88-3833 to start the claim process. The team will support you throughout the process until the claim is resolved.

It is important to choose the perfect insurance plan for your car. That’s why we recommend comprehensive Kurnia insurance.

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