Finding the best car insurance can be difficult, even for experienced car owners. So, one can only imagine how it feels to new owners. When choosing the best car insurance, every car owner must consider the following factors.
They help you make an informed decision and provide the best value for your money. So, let’s jump into these five tips to help you choose the right car insurance policy in Malaysia.
Consider your coverage needs
Choosing a suitable car policy starts with understanding your specific coverage requirements. It would be best to consider factors such as the value of your car, your budget, and the level of protection you desire.
Remember that different policies offer different coverage options, including liability, collision, comprehensive, uninsured/underinsured motorist, and personal injury protection. So, it would be best to determine the coverage types and limits that best suit your needs.
Compare quotes
Compare, compare and compare! Never resort to obtaining quotes from a single insurance company. Instead, get quotes from several companies to compare their offerings. Here, comparison platforms like Bjak can be handy because they let you compare policies from more than ten insurers simultaneously.
During this stage, compare similar coverage types and limits from different brands for better accuracy. Evaluate the premium costs, deductibles, and additional benefits each insurer provides.
Check the brand reputation
Another important aspect of good car coverage is the insurance provider’s brand reputation and financial stability. Always look for companies with a strong reputation and financial stability. Check customer reviews and ratings online to understand their customer service, the complexity of the claims process, and overall user satisfaction.
In Malaysia, Etiqa, Allianz and AXA are some of the most sought-after brands for auto insurance. You can also use these brands as a benchmark to help you decide on policies from other brands.
Know the claims process
A smooth and efficient claims process is crucial when selecting car insurance. Understand how each insurer handles claims, such as their response time, documentation requirements, and overall customer experience.
Look for a company that provides convenient and accessible claims filing methods, such as online claims submission or a 24/7 claims hotline. Read the customer reviews to give you an idea of how well the company handles claims.
Consider other benefits
When choosing a car insurance policy, remember to look beyond the basic coverage options and inquire about additional benefits and discounts the insurer offers.
Some provide perks like free towing, roadside assistance and rental car reimbursement when your vehicle is sent for repair. Also, inquire about any available discounts, as these benefits can enhance your overall coverage and help reduce your premium costs.
Choosing car insurance
Choosing the best car insurance involves careful consideration of your needs, thorough research, and understanding each company’s policy terms and conditions.
So, always take your time by comparing options and asking questions to make an informed decision that suits your requirements and budget.
Bjak is one of Malaysia’s biggest insurance comparison websites, offering policies from over 10 brands. Get your free insurance quote from Bjak today!
Read more:
