Flood Cover Take-Up in Malaysia
More BJAK customers are choosing Special Perils cover, which can protect a car against flood damage and other specified natural disasters, depending on the policy. BJAK's internal data shows that Special Perils made up 14.4% of add-on sales from 1 January to 15 October 2026, compared with 8.8% during the same period in 2025.
This shows a growing share of Special Perils in BJAK's add-on sales. However, the figures reflect BJAK's internal sales data, not the flood cover take-up rate across Malaysia.
- Last reviewed:
- Reviewed by:
- Compliance
What does BJAK's data show?
The chart below compares Special Perils add-on sales during the same period, 1 January to 15 October, across different years.
| Year | Special Perils share of add-on sales | Year-on-year change in sales |
|---|---|---|
| 2021 | 3.0% | — |
| 2022 | 10.5% | — |
| 2023 | 9.2% | +36.1% |
| 2024 | 8.3% | −14.4% |
| 2025 | 8.8% | +1.1% |
| 2026 | 14.4% | +123.8% |
Data note: Figures are from BJAK's internal add-on sales data for 1 January to 15 October of each year. Estimated sales are calculated using each year's total add-on sales and the displayed Special Perils share, so counts may be rounded. These figures represent BJAK's sales, not all car insurance policies in Malaysia.
In 2026, Special Perils accounted for 14.4% of BJAK's add-on sales, up 5.6 percentage points from 8.8% in 2025. Estimated sales reached 87,091, an increase of 123.8% from 38,914 in 2025. Total add-on sales also grew by 36.8% year-on-year, reaching 604,796.
What is flood cover?
Flood cover is commonly provided through an optional Special Perils extension to car insurance. Standard comprehensive car insurance generally does not cover flood damage unless the relevant protection is included in your policy.
Depending on the policy, Special Perils may cover specified events such as:
Floods
Storms and tempests
Landslides and landslips
Other specified natural disasters
Coverage and exclusions vary by insurer or takaful operator. Read BJAK's guide to Special Perils cover to understand how this add-on works.
Why consider flood cover for your car?
Floodwater can damage your car's engine, electrical systems and interior. Repairs can be expensive, especially if major components are affected.
Flood protection may be worth considering if you live in a flood-prone area, park at ground level, regularly drive through areas that flood or rely on your car for daily travel. Even if your neighbourhood rarely floods, sudden flash floods can still happen.
Bank Negara Malaysia provides information about motor insurance and extensions for specified natural disasters in its motor insurance FAQ.
How much does flood cover cost?
The price depends on your car's insured value, insurer or takaful operator, and the terms of the policy. There is no single price that applies to every car.
Before adding Special Perils, compare the additional premium, excess, claim limits and exclusions. Make sure you understand which flood-related events are covered before purchasing the policy.
How to check flood cover when buying or renewing insurance
Check your current policy. Look for Special Perils or flood protection in your policy documents.
Compare available options. Review the price and benefits offered by participating insurers and takaful operators.
Read the exclusions. Check the excess, claim limits and conditions for flood damage.
Confirm your coverage. Make sure the protection is included before completing your purchase.
You can compare car insurance on BJAK and review the options available for your vehicle.
Frequently asked questions
Special Perils accounted for 14.4% of BJAK's add-on sales from 1 January to 15 October 2026, compared with 8.8% during the same period in 2025. This is BJAK's internal sales share, not the nationwide flood cover take-up rate.
Not automatically. You generally need the relevant Special Perils protection included in your policy for flood damage to be covered. Check your policy wording to confirm.
Flood protection is one type of protection that may be included under Special Perils. The extension can also cover other specified natural disasters, depending on the policy.
It may be worth considering if your car is exposed to flood risks or you would struggle to pay for major repairs yourself. Compare the cost and coverage before deciding.
You may be able to add Special Perils when purchasing or renewing an eligible policy. Availability and terms depend on the insurer or takaful operator.
Compare car insurance on BJAK
BJAK's internal data shows that Special Perils made up a larger share of add-on sales in 2026 than in previous years. If you're renewing your car insurance, check whether your policy includes flood protection and compare the available options. Compare car insurance online and choose coverage that suits your needs and budget.