How to Renew Car Insurance in Malaysia and Save Money
Before renewing your car insurance, check your NCD, sum insured, coverage and final price. Comparing quotes from different insurers can help you find a suitable option without paying for protection you don't need.
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1. Check your renewal date and NCD
Check your policy expiry date and make sure your new coverage starts on the correct date. Also, verify your vehicle details, ownership information and eligible No Claim Discount (NCD).
For private cars, NCD can reach 55% after five consecutive claim-free years. For example, a RM1,000 basic premium becomes RM450 after a 55% discount, before applicable add-ons, taxes and other charges.
- Basic premium
- RM1,000
- 55% NCD
- −RM550
Premium after NCD
RM450
Check your entitlement using the BJAK NCD Checker.
2. Compare prices before renewing
Don't automatically accept your current insurer's renewal price. Different insurers may offer different prices and benefits for similar coverage.
With BJAK car insurance comparison, you can compare available quotes from 16 participating insurance and takaful providers. Options depend on your vehicle, eligibility and available products.
3. Choose suitable coverage and sum insured
Different coverage types offer different levels of protection.
| Coverage type | General protection |
|---|---|
| Comprehensive | Third-party liabilities and covered damage to your own car, including eligible accident damage, fire and theft |
| Third-party, fire and theft | Third-party liabilities, plus covered fire and theft involving your own car |
| Third-party | Third-party liabilities; damage to your own car is generally not covered |
Also, check your sum insured against your car's applicable market value or agreed value, depending on your policy. Choosing an amount that's too low may affect your payout for a covered total loss.
Learn more about sum insured and car market value.
4. Review add-ons and excess
Check whether your optional benefits are still useful before renewing.
Special Perils
Cover for flood and other specified natural disasters, subject to policy terms.
Windscreen
Cover for eligible windscreen damage.
All Drivers Coverage
May extend cover to eligible drivers, depending on the policy.
Personal Accident
Benefits for covered accidental injury or death.
Add-ons may increase your total price, so compare their cost with the protection they provide.
You should also check your excess, the amount you may need to pay towards a claim. A voluntary excess may lower your price but increase your out-of-pocket costs if you make a claim.
5. Check the final price before paying
Compare policies with similar coverage and check these details:
| What to check | Why it matters |
|---|---|
| Final amount payable | Confirms the total cost |
| NCD | Checks that your eligible discount is applied |
| Sum insured | Confirms your vehicle's insured value |
| Add-ons and excess | Shows your extra benefits and potential claim costs |
| Policy terms | Helps you understand exclusions and limits |
If a quote is cheaper, check whether it offers the same protection. Read why your car insurance quote may be cheaper for more details.
6. Should you renew or switch insurers?
Compare your current renewal offer with other available policies. You may find a better price or more suitable benefits with another insurer.
Your eligible NCD can generally be transferred when switching, subject to applicable rules and verification. Confirm your new policy's start date to avoid a gap in coverage.
Frequently asked questions
Compare quotes, check your NCD, choose a suitable sum insured and review optional add-ons. Always compare the final price and coverage.
Your price may change due to the insured value, NCD, coverage, add-ons or the insurer's pricing.
Your eligible NCD can generally be transferred, subject to applicable rules and verification.
You can arrange both through BJAK where the relevant services are available.
Renew your car insurance with BJAK
Check your NCD, review your coverage and compare available prices before renewing. BJAK lets you compare quotes from 16 participating insurance and takaful providers in one place.