Is Car Flood Protection Worth It?

In case you didn’t know, flood protection is not covered under your normal car insurance. Not all car insurance plans cover flash floods. You need to buy extra protection for flash floods as an add-on. In this article, we will discuss whether it is worth getting flood protection together with your car insurance.

You never know when the next flash flood is happening – considering that it rains almost every evening. According to the Malaysian Meteorology Department, there will be rainy weather conditions for the next few weeks. When there is rain, there is a high chance of flash floods happening – especially in main cities such as Kuala Lumpur, Selangor, Klang Valley. Just recently, Penang was hit with flash floods and this affected 34 areas in the state.

Read below to find out how you can save your money on expensive car repair bills due to water damage.

You need to buy a flood coverage plan from your car insurance provider.

In Malaysia, car insurance flood coverage is an additional service provided by every car insurance provider. This extra protection is referred to as “special perils” This add-on often pays for the price of fixing cars damaged by landslides, hurricanes, and FLOODS!

The “special perils” add-on is similar to windshield protection in that it is not included in your standard car insurance policy. The add-on must be purchased as an addition while renewing your car insurance.

All car insurance companies offer flood coverage. However, most car insurance companies provides flood coverage only as an add-on. There are only a few car insurance company that includes flood coverage as part of the car insurance plan.

All you have to do is check your insurance plan if “special perils” is part of your protection plan. If not, there will be an option for you to buy it as an add-on.

It does not cost much to buy your car insurance with flood coverage. Below is a few example of how much flood coverage cost from a few car insurance companies.

• Etiqa Motor Insurance
  As you can see below, the basic flood coverage plan from Etiqa only cost RM35 and protects your car from floods, landslides and thunderstorm. This coverage is only an addition of 5.3% to your basic car insurance price.

Buy Now at Etiqa

• Berjaya Sompo Motor Insurance
  As you can see below, the flood coverage add-on from Berjaya Sompo only costs RM28 which is about an additional of 3.4% to your basic car insurance price.

Buy Now at Berjaya Sompo

• AXA Motor Insurance
  As you can see below, the flood coverage add-on from AXA only cost RM30 and protects your car from flood as well. This add-on cost RM30 and is an additional of 3.7% to your basic car insurance price.

Buy Now at AXA

Yes, especially in Malaysia, it is worth every single cent to purchase this add-on. It is safe to get your cars covered by insurance companies against floods and landslides because it rains frequently in Malaysia. Although it is normal to assume that landslides and floods won’t have much of an impact on your car, it is always best to be safe than sorry. Even though you don’t live in a flood risk location, floods in malls or on roads will still damage your car when you travel. You will have to spend a lot of money to repair water damage, especially if it affects mechanical components of the engine. Getting that extra protection is absolutely worth the tiny fee for the add-on.