Average Car Insurance GWP by Insurer in Malaysia
BJAK Data Insights analyses gross written premium (GWP) for Comprehensive and TPFT car insurance policies purchased through BJAK from 1 June to 31 August 2026, covering 14 insurers. The figures reflect BJAK sales, not the entire Malaysian market, and actual prices vary by vehicle, sum insured, coverage and policy details.
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Car insurance GWP comparison by insurer
The overall median GWP was RM600. Lonpac recorded the lowest insurer median at RM269, while AIG recorded the highest at RM2,220. The P25–P75 range shows how the middle 50% of recorded prices differed within each insurer.
| Insurer | P25 | Median | P75 | vs. RM600 |
|---|---|---|---|---|
| AIG | RM1,538 | RM2,220 | RM3,000 | +270.0% |
| Zurich | RM671 | RM983 | RM1,352 | +63.8% |
| Great Eastern | RM410 | RM633 | RM1,024 | +5.5% |
| P&O | RM427 | RM623 | RM921 | +3.8% |
| Takaful | RM390 | RM613 | RM999 | +2.2% |
| RHB | RM375 | RM586 | RM891 | −2.3% |
| Allianz | RM320 | RM563 | RM1,035 | −6.2% |
| MSIG | RM325 | RM510 | RM933 | −15.0% |
| Berjaya | RM235 | RM420 | RM1,204 | −30.0% |
| Generali | RM213 | RM308 | RM524 | −48.7% |
| Tune | RM218 | RM305 | RM474 | −49.2% |
| Tokio Marine | RM203 | RM302 | RM565 | −49.7% |
| Liberty | RM205 | RM299 | RM579 | −50.2% |
| Lonpac | RM198 | RM269 | RM380 | −55.2% |
| All selected policies | — | RM600 | — | — |
Source: BJAK Data Insights, policies purchased from 1 June to 31 August 2026. Premiums were rounded to the nearest ringgit before calculating the median. P25–P75 represents the middle 50% of recorded prices. The difference column compares each insurer's median with the overall median of RM600.
What do the figures tell us?
Recorded prices varied widely by insurer
AIG had the highest median GWP at RM2,220, while Lonpac had the lowest at RM269. This does not mean every AIG policy costs more than every Lonpac policy.
The middle 50% of prices differed considerably
AIG's P25–P75 range was RM1,538–RM3,000, while Lonpac's was RM198–RM380. These ranges show the spread of recorded prices within the selected policies.
Insurers near the overall median had different price ranges
Takaful's median was RM613, RHB's was RM586 and Allianz's was RM563. Their P25–P75 ranges also differed, showing that prices can vary within each insurer.
The median difference is a benchmark, not a personal quote
The percentage difference compares each insurer's median with the overall median of RM600. It does not predict the price an individual customer will receive.
These differences may reflect variations in vehicles, sum insured, coverage and customer profiles. The data does not establish that insurer choice alone caused the price differences.
What do GWP, median and P25–P75 mean?
Gross written premium (GWP) is the premium recorded for an insurance policy. The median is the middle value when policy prices are arranged from lowest to highest.
- GWP
Premium recorded for an insurance policy.
- Median GWP
The middle price in the selected policies.
- P25
The 25th percentile: 25% of recorded prices fall at or below this value.
- P75
The 75th percentile: 75% of recorded prices fall at or below this value.
- P25–P75 range
The middle 50% of recorded prices.
- Difference vs. RM600
How far an insurer's median is above or below the overall median.
P25 and P75 are percentiles, not arithmetic averages. The figures provided for this dataset do not include the mean (average) GWP for each insurer.
How can you compare car insurance prices?
A lower median does not automatically mean an insurer will offer the lowest price for your vehicle. To compare options:
Choose your coverage: Learn about Comprehensive insurance and Third-Party, Fire and Theft insurance.
Compare available quotes: Use BJAK's car insurance comparison to explore options for your vehicle.
Review the policy details: Check the sum insured, excess, optional add-ons and exclusions before buying.
You can also use the BJAK car insurance calculator to estimate your price.
Frequently asked questions
Lonpac recorded the lowest median GWP at RM269 in this selection. This does not guarantee the lowest quote for every vehicle or driver.
AIG recorded the highest median GWP at RM2,220. Actual prices still depend on the vehicle, coverage, sum insured and other policy details.
Not necessarily. Your quote depends on your vehicle, sum insured, coverage, eligibility and other policy details. Compare quotes with similar coverage before deciding.
No. It covers selected policies purchased through BJAK from 1 June to 31 August 2026. Results may differ across other periods, insurers and cover types.
Explore car insurance prices with BJAK
BJAK Data Insights provides a snapshot of recorded GWP across selected Comprehensive and TPFT policies. The overall median was RM600, but prices varied across insurers and within each insurer's policies. Compare car insurance on BJAK to explore available options and compare prices, coverage, exclusions and optional benefits before choosing a policy.