Introduction
Updating the owner’s name in a car insurance policy is an essential step when there is a transfer of ownership or a change in owner details. Furthermore, an outdated policy can cause issues in the event of a claim, as the information may not match JPJ records or other supporting documents. Hence, this article discusses the process, required documents, and tips to ensure your policy remains valid.
Why Updating the Owner’s Name is Important
- Ensures the insurance policy is valid and claims can be made without obstacles.
- Simplifies the claims process in case of an accident or damage.
- Avoids unexpected liability risks due to incorrect owner information.
Procedure to Update the Owner’s Name
- Contact your insurance company and express your intention to update the owner’s name.
- Prepare supporting documents such as a copy of the new identity card, vehicle grant, or sale/purchase agreement.
- Fill out the update form provided by the insurer.
- Pay any administrative fees charged.
- Receive the new policy with the updated owner information.
Important Documents to Prepare
- Copy of the new owner’s identity card.
- Vehicle grant or valid ownership documents.
- Sale/purchase letter or vehicle transfer documents (if applicable).
- Completed update form.
Easy & Safe Tips
- Firstly, always keep copies of all documents submitted to the insurance company.
- Check the new policy after the update to ensure all information is accurate.
- Update as soon as possible after a change of ownership to avoid claim issues.
Conclusion
Updating the owner’s name in a car insurance policy ensures valid coverage and avoids problems during claims. By following the correct procedures, providing complete documents, and reviewing the updated policy, drivers can ensure their insurance protection is always guaranteed.
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