[vr2turbo]

this is funny ...lol

Yup, mine is that now.....

[cute_boboi]

Yup, mine is that now.....

Yeah, I'm not sure if it is written/unwritten rule, 10k is minimum coverage for 1st party.
aiya, premium is RM200+ only, sap sap sui for unker.

If car is only worth 3k, try arrange for agreed-value. Then half year down ... car is 'stolen'

[vr2turbo]

Yeah, I'm not sure if it is written/unwritten rule, 10k is minimum coverage for 1st party.
aiya, premium is RM200+ only, sap sap sui for unker.

If car is only worth 3k, try arrange for agreed-value. Then half year down ... car is 'stolen'

Plus loading, plus windscreen become RM400 plus woh......
Okay loh, as long as they can cover insurance still can drive. Maybe later even need to send for inspection then worse....

[fkmfkm]

Yup, mine is that now.....

errr ...mine also lol

[cute_boboi]

Plus loading, plus windscreen become RM400 plus woh......
Okay loh, as long as they can cover insurance still can drive. Maybe later even need to send for inspection then worse....

How come got loading ? On what description stated ?
Windscreen, still need meh ? If pecah ... pecah lah

[vr2turbo]

How come got loading ? On what description stated ?
Windscreen, still need meh ? If pecah ... pecah lah

Loading because old car.....

[lk33]

Reviewing this thread, I am surprised the premium loading is only 10 to 20%. For the 11 year old car that I just sold, I have actually paid a hefty 120% loading for a 3rd party insurance in May this year. Glad I sold the car and I gonna go get my rebate asap. Is there any standard rules how premium loading is imposed? Some more, I direct buy from Uniasia and also didn't get the 10% discount. I kena tipu.

[vr2turbo]

Reviewing this thread, I am surprised the premium loading is only 10 to 20%. For the 11 year old car that I just sold, I have actually paid a hefty 120% loading for a 3rd party insurance in May this year. Glad I sold the car and I gonna go get my rebate asap. Is there any standard rules how premium loading is imposed? Some more, I direct buy from Uniasia and also didn't get the 10% discount. I kena tipu.

Mine is first party insurance, probably because yours is 3rd party so different rules....

[lk33]

Why not call the insurance customer service, who can give you better and correct feedback.
More over direct purchase from insurance company you get another 10% rebate...

OIC....thanks. Seems like everything is attached with conditions. Btw, wud you know what it means for comprehensive insurance, the insurance company will compensate "proportionate" amount of market value if car is stolen or damaged beyond repair? I noted that if you take your car to a 2nd hand car dealer, there is a difference of 20 to 30% below the advertised value in Autoworld 2nd hand car of the same make, model and year? Which one is the market value, the advertised price or the offered price and what is "proportionate amount" of the market value?

[cute_boboi]

OIC....thanks. Seems like everything is attached with conditions. Btw, wud you know what it means for comprehensive insurance, the insurance company will compensate "proportionate" amount of market value if car is stolen or damaged beyond repair? I noted that if you take your car to a 2nd hand car dealer, there is a difference of 20 to 30% below the advertised value in Autoworld 2nd hand car of the same make, model and year? Which one is the market value, the advertised price or the offered price and what is "proportionate amount" of the market value?

It's hard to pin-point exact market value. But the general rule is take the average of the SELLING price to be safe, to not under-insured.

2nd hand car dealer will normally buy at much lower than selling price, as they will need to hold on (stuck) to sell the car, and they need a profit margin. That's why if you advertise and sell it yourself, you can sell higher, but you need to do all the work of meet up with each individual prospect, let them test-drive, prospect don't buy, repeat again, waste time.

There is a general rule on total lost/stolen compensation, but that will need me to type some essay here.