There are several insurance brands that are more popular than others. One of the reasons for this is brand awareness. On that note, we can immediately think of certain brands when we mention car insurance.
More often than not, car owners tend to stick to the same insurance brand for years because they do not know much about other brands. But changing brands is a good practice because it lets you discover better coverage options for your vehicle.
Take Tokio Marine, for example. This commercial insurance company offers a range of insurance products for people, including cars. In this article, we will expose you to its top 3 insurance plans for private cars and highlight the key benefits of each plan.
Comprehensive Cover
Through the comprehensive coverage by Tokio Marine, you can enjoy the following benefits:
- Third-party bodily injury and death
- Third-party property loss or damage
- Loss or damage to your own vehicle due to accidental fire, theft or accident
Besides these, Tokio Marine offers your policy a range of add-on benefits, subject to an additional premium. The coverages include:
- Windscreen damage
- Legal liability of Passengers
- Legal liability to Passengers
- Special perils – Flood, Storm, Landslide, Landslip or Subsidence Cover
- Strike, Riot & Civil Commotion
- Current Year NCD Relief
- Compensation for Assessed Repair Time (CART)
- Private Hire Car Endorsement (E-Hailing) (Non-Tariff)
- Waiver of Compulsory Excess For Unnamed Driver – Private Car & Private Use (Non-Tariff)
- Waiver of Betterment Contribution (Non-Tariff)
- Unlimited Towing (Non-Tariff)
Third-Party Fire & Theft Cover
Tokio Marine’s Third-Party, Fire & Theft coverage or TPFT protects third-party and your vehicle. The benefits of this plan include:
- Third-party bodily injury and death
- Third-party property loss or damage
- Loss or damage to your own car due to accidental fire or theft
Third-Party Cover
Third-Party cover is The most basic insurance plan for private cars. It offers protection against damages related to third-party and their property during an accident. This policy covers the following incidents:
- Third-party bodily injury and death
- Third-party property loss or damage
Claims procedure
The steps involved in submitting own damage or third-party claims for Tokio Marine car insurance are fairly simple. Here’s what you need to do in the event of a mishap.
Own damage knock-for-knock claim
1. What to claim?
- If the accident was your fault, make an ‘Own Damage’ claim
- If the accident was NOT your fault, make an ‘Own Damage Knock-for-Knock’ claim instead of making a third-party claim
2. How to claim?
Submit the following document to your insurance company
- Completed claim form
- Original copy of police report
- Copy of policyholder’s and driver’s MyKad and driving license
- Copy of vehicle ownership certificate
- Photos of the accident scene and damages to the vehicle
- Police investigation report
Damage to third-party property
1. What to claim?
- Damage to your car or property in a road accident caused by the other party
- Other financial losses, e.g. CART, excess, etc.
2. How to claim?
- Send your car to the insurance company’s panel workshop
- Appoint an adjuster to evaluate the cost of your car’s damage
- Submit the following document to your insurance company:
- Original copy of police report
- Copy of policyholder’s and driver’s MyKad and driving license
- Copy of vehicle ownership certificate
- Adjuster’s report
- Bill of the repair costs of your car
- Photos of the accident scene and damages to the vehicle
- Police investigation report
Get Tokio Marine car insurance
With so many benefits and customisable coverage options, Tokio Marine has become an unbeatable choice for car insurance. If you want to switch to another insurance company on your next renewal cycle, the policy is worth considering.
For free Tokio Marine car insurance quotes, check out bjak.my for more details. You can compare prices and plans from 18 different brands in Malaysia, including Tokio Marine. Check it for free and renew your policy within minutes from the comfort of your own home.
Bjak is one of Malaysia’s biggest insurance comparison websites, offering policies from over 10 brands. Get your free insurance quote from Bjak today!
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