Vehicles Insurance is a must for all car owners in Malaysia. Vehicle insurance protects your car from possible accidents or theft by providing you with compensation for your loss. You can choose one of the following vehicle insurance providers: Etiqa, AIA, Allianz and many more.
Motorcycle Insurance
Motorcycle insurance is cheaper than car insurance. There are many types of motorcycle insurance available, so you can choose the one that best suits your needs. You can find out more about motorcycle insurance from your insurance provider or the Department of Road Transport and Safety (JPJ).
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Car Insurance
If you own a car, motorcycle or bicycle, then you need to be aware of the different types of insurance available.
There are many different types of vehicles that can be insured by an individual. These include cars, trucks and vans; motorcycles; boats and jet skis; airplanes and helicopters. The type of coverage you choose will depend on where your vehicle will be used most often as well as how much money it would cost if something were to happen while using it (such as an accident).
Etiqa is a leading insurance provider in Malaysia.
Etihad Insurance Company Sdn Bhd (Etiqa) is a leading insurance provider in Malaysia. The company has been providing insurance to customers since 1963, and is one of the largest insurance providers in Malaysia. Etihad Insurance was formerly known as Etiqa Insurance Berhad until it was rebranded in January 2019.
Etiqa motor insurance is also part of the Malaysian Association of Insurance Agents (MAIA), which represents over 100 local independent agents who sell insurance products on behalf of several different insurers including Etiqa, AIA and Great Eastern Life Assurance Company Ltd
Road Tax in Malaysia
Road tax Malaysia is charged to all vehicles registered in Malaysia. It is paid every year and based on the engine capacity of your vehicle. You can pay road tax at any post office or at the Road Tax Department.
The road tax is determined by the engine capacity of your vehicle. The rates are as follows:
For motorcycles, scooters, and mopeds with an engine capacity of 100cc or less:
The road tax is RM10 per year. For motorcycles, scooters and mopeds with an engine capacity of 101-200cc: The road tax is RM20 per year.
For motorcycles, scooters and mopeds with an engine capacity of 201-350cc: The road tax is RM30 per year. For motorcycles, scooters and mopeds with an engine capacity of 351cc or more: The road tax is RM40 per year.
You need to renew your car insurance every year.
As a car owner, you need to know that your vehicle insurance needs to be renewed every year.
There are many reasons why you need to renew car insurance because the Road Tax for Malaysia will increase on June 1st every year. The Road Tax applies only to cars with engines larger than 1,600cc and motorcycles above 250cc. This means that if your vehicle falls under these categories, then it’s time for you to pay up!
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Conclusion
Etiqa has been in the insurance business for more than 30 years and has grown from strength to strength over the years. As one of Malaysia’s leading insurance providers, Etiqa offers a wide range of products that cater to different needs.