Are you looking for the cheapest motorcycle insurance? If yes, we have great news. You can now easily save up to 55% on motorcycle insurance. Want to know how? It’s simple, you compare with other insurance plans before buying. Identifying the best motorcycle insurance plan is not easy. There are various companies in Malaysia offering motorcycle insurance with different prices for different coverage amounts. In this article, we have compiled the top motorcycle insurance companies in Malaysia for you, so you can compare before buying a motorcycle insurance plan.
How Much You Can Save On Motorcycle Insurance When Comparing?
To demonstrate this, we will be showing an example on how you can save almost 55% on motorcycle insurance. The same motorcycle model, cc, variant, year of make and value will be used in this example to show which is the cheapest and best option.
Example Comparison
The motorcycle details as below is used:
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Motorcycle Model: YAMAHA 135LC 4 SPEED
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CC: 134
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Variant: Rotary
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year: 2015
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Value Of Motorcycle (Sum Insured): RM 4,400
Based on the details above, here is a list of 6 insurance companies in Malaysia that offers motorcycle insurance at different prices. The table below shows a comparison of the same coverage (sum insured) from different companies with their prices from lowest to highest.
Based on the table above, you can see that Etiqa Takaful offers the lowest price on motorcycle insurance at RM142.66. Meanwhile, Allianz costs the most expensive at RM220.55. Comparing the cheapest and most expensive option, you pay RM77.89 extra for the same amount of coverage.
The images above shows proof of the quotations from both companies and their coverage. It can be concluded that, by choosing Etiqa Takaful you will be able to save almost 55% on motorcycle insurance for the same coverage as Allianz.
Is It Important To Compare Insurance Plans ?
Yes. It is important to compare before you buy any motorcycle insurance plan. As seen earlier from the example comparison, you will save up to 55% if you choose the Etiqa Takaful compared to Allianz. The comparison made in the example is specifically for the Yamaha 135LC 4 Speed model.
Different motorcycles have different price range. This means that you could also save more than 55% depending on your motorcycle details. By comparing, you will be able to save a lot of money and make a better decision in choosing the right insurance plan for your motorcycle.
List of Top Motorcycle Insurance In Malaysia
Here is the list of companies that offer motorcycle insurance in Malaysia. You can quickly compare insurance prices for your motorcycle and choose the company that will help you save money.
Company | Link to buy | 10% Discount Online? | Webpage friendliness |
---|---|---|---|
Etiqa Insurance and Takaful | Buy Online | VERY EASY | |
Berjaya Sompo | Buy Online | VERY EASY | |
Pacific & Orient | Buy Online | VERY EASY | |
Allianz Malaysia | Buy Online | EASY | |
MSIG Insurance | Buy Online | MEDIUM | |
Liberty Insurance | Buy Online | MEDIUM | |
Kurnia | Buy Online | MEDIUM | |
Zurich Takaful | Buy Online | MEDIUM |
Here is the list of companies that offer motorcycle insurance in Malaysia. You can quickly compare insurance prices for your motorcycle and choose the company that will help you save money.
Conclusion
To sum it up, comparing insurance plans will definitely save you money. If you want to get the cheapest price on motorcycle insurance, you should definitely start comparing insurance plans. You will be amazed at how much you will save in the long run. Start comparing now with the table above to find the cheapest motorcycle insurance.
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