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Sum Insured?


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#1
ManWaja

Posted 16 July 2009 - 10:33 PM

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good day evelibodi...

i am going to re-new my insurance. 2004 Auto EV. what is the sum insured should i put? 25k? 30k?

market price is around 30k i think....

any advise?

#2
darreltian

Posted 17 July 2009 - 11:15 AM

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QUOTE (ManWaja @ Jul 16 2009, 10:33 PM) <{POST_SNAPBACK}>
good day evelibodi...

i am going to re-new my insurance. 2004 Auto EV. what is the sum insured should i put? 25k? 30k?

market price is around 30k i think....

any advise?


dun insure higher than price quoted by the insurance co....mere waste of money....why manual is higher than auto?

#3
gjrforce

Posted 17 July 2009 - 11:33 AM

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2002 OCT auto.. 1.6..

worth how much now? smile_disapprove.gif smile_blush.gif
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#4
ManWaja

Posted 17 July 2009 - 02:15 PM

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QUOTE (darreltian @ Jul 17 2009, 11:15 AM) <{POST_SNAPBACK}>
dun insure higher than price quoted by the insurance co....mere waste of money....why manual is higher than auto?


insurance company sure want money, so they quoted higher... last year i insured 30k. This year I just down 5k. just bought the insurance. 25k sum insured, 5% discount then i paid rm384.27



#5
ManWaja

Posted 17 July 2009 - 02:16 PM

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QUOTE (gjrforce @ Jul 17 2009, 11:33 AM) <{POST_SNAPBACK}>
2002 OCT auto.. 1.6..

worth how much now? smile_disapprove.gif smile_blush.gif


my fren just bought 2002 1.6 manual rm32K. so ur car should worth more (1-2k)

#6
darreltian

Posted 17 July 2009 - 02:40 PM

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QUOTE (gjrforce @ Jul 17 2009, 11:33 AM) <{POST_SNAPBACK}>
2002 OCT auto.. 1.6..

worth how much now? smile_disapprove.gif smile_blush.gif


Confirm with insurance company - RM24K for auto and 26K for manual ! Do not insure more unless u have add stuffs like ICE, NOS...
For direct purchase u will enjoy 5% rebate. Next year will be 10% but my wajunk will be 8 yrs old

#7
ntc2000

Posted 17 July 2009 - 06:05 PM

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QUOTE (darreltian @ Jul 17 2009, 02:40 PM) <{POST_SNAPBACK}>
Confirm with insurance company - RM24K for auto and 26K for manual ! Do not insure more unless u have add stuffs like ICE, NOS...
For direct purchase u will enjoy 5% rebate. Next year will be 10% but my wajunk will be 8 yrs old



nabeh NOS... lol

I got 1 esso gas tong behind my waja smile_approve.gif smile_approve.gif



#8
nofear1979

Posted 18 July 2009 - 08:39 PM

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QUOTE (ntc2000 @ Jul 17 2009, 06:05 PM) <{POST_SNAPBACK}>
nabeh NOS... lol

I got 1 esso gas tong behind my waja smile_approve.gif smile_approve.gif


i got 1 water tank behind my waja too... label with NOS.. how's that smile_tongue.gif


2004 waja, Rm384.27?? very cheap o...
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#9
kelvinng

Posted 19 July 2009 - 12:17 AM

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QUOTE (darreltian @ Jul 17 2009, 11:15 AM) <{POST_SNAPBACK}>
dun insure higher than price quoted by the insurance co....mere waste of money....why manual is higher than auto?


Just to share about this topic.. Pls correct me if i'm wrong..

My friend had a accident mid this year. His car was under insured about 3k from the market value..

When he decided to claim the insurance for his damage, the insurance company didn't make it for 100% claim due to under insured. End up, my friends need to top up few hundred just because he dont want to pay extra when he renew his car insurance..

In my opinion, insurance is for unforseen event. That why we need insurance to cover our wallet. Pay a little for protection. Why we want to pay the premium and at the same time we need to take the risk which we suppose to TRANSFER the risk to the insurance company?

Again this is just my point of view.. smile_tongue.gif

#10
SplitFire

Posted 19 July 2009 - 01:18 AM

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QUOTE (nofear1979 @ Jul 18 2009, 08:39 PM) <{POST_SNAPBACK}>
i got 1 water tank behind my waja too... label with NOS.. how's that smile_tongue.gif


2004 waja, Rm384.27?? very cheap o...



I'm going to renew by this month also. Dateline 31/07/09.
Ram me if you can!

SplitFire