The Malaysian Competition Commission (MyCC) recently decided that general insurance companies in Malaysia violated the Competition Act 2010. As a result of this decision, MyCC has proposed a total fine of RM213.45 million against all general insurance companies in Malaysia...
Many Malaysians are still unaware that come July 2017 when the Detariffication starts, their motor insurance premium will never be the same again. How? Well first let’s try to understand how the current system works, and how it has been...
We have covered a lot about road accident in our Accident 101 series, from what to do at the scene of the accident and at the police station, to how to handle different kinds of insurance claims. Below are the...
Motor Insurers’ Bureau (MIB) is there to help Malaysians when a car or motorcycle accident happens with an uninsured driver. What do you do when you have an accident with an uninsured car? Most of Malaysians know that if you...
Many of us make the mistake of assuming we are completely safe by having a motor insurance policy. We couldn’t be more wrong! There are situations where even our comprehensive motor insurance does not cover. So here’s a helpful list...
By now, many may have already heard of motor de-tariffication also known as phased liberalization that is slowly being implemented here since June of this year. Here’s the nutshell version of what it is for those who don’t know what...
What you need to know when making a Third Party Claim This is Part 5 of our Accident 101 Blog series. If you haven’t read the first four articles, you might want to check those out too. 1 – What...
Let’s go straight to the point: Not everyone can afford a brand new car, they are of course nice to have (very nice in fact). But fact is, many can only afford used or better known as second hand cars...
Making an Insurance Claim from Your Own Insurer This is Part 4 of our Accident 101 Blog series. If you haven’t read the first three articles, you might want to check those out too.  1 – What to do at...
This is Part 3 of our Accident 101 Blog series. If you haven’t read the first two articles, you might want to check those out too. Part 1 – What to do at the scene of an accident Part 2 –...
