• Cover for damage to the vehicle due to accidental collision
• Loss due to theft of or malicious damage to the vehicle
• Indemnity for claims made by any Third Parties due to careless or negligent driving by your authorized drivers
• There is usually an excess which is applicable which means that the insured has to pay the specified amount for each and every accidental claim for damage to the vehicles

Insurers in Singapore look at these categories when determining your premium:

• Ages and genders, occupation of all drivers on your policy
• Make and model of vehicle
• Engine capacity
• Age of vehicle
• How much you drive
• Location and storage
• Claims history of drivers
• Types and amount of insurance you already have

Generally, insurers will give varying considerations for each component, depending on the available statistics and company’s claim profile.

There are three basic types of coverage:

• Third Party Liability protects you from claims for any loss, damage or injury by third parties and that you are responsible for. (Additional) Fire and Theft protects you from any unforeseen events such as fire and theft.
• Comprehensive car insurance covers you for any damage to your car.
• Third-party only and third-party, fire and theft policies cover damage to others as the result of an accident that was deemed your fault. Any damage to your own car is your own problem. Comprehensive car insurance policies, on the other hand, cover for damage to your car as well.

Yes, especially if the Named Driver drives your car often. An authorised driver is anyone you allow to drive your car. But if this person’s details is not listed in the policy document, there may be an additional excess imposed.

You’re protected against death or injury to other parties; damage to other parties’ property; fire damage to, or theft of, your vehicle; accidental damage to your vehicle. The policy may also include Personal Accident & Medical Expenses coverage.

Your car insurance policy applies while you are driving in West Malaysia and even parts of Thailand, within 50 miles of the border between Thailand and West Malaysia.