{"id":28529,"date":"2017-05-11T12:44:17","date_gmt":"2017-05-11T04:44:17","guid":{"rendered":"http:\/\/www.imoney.my\/articles\/?p=28529"},"modified":"2017-09-13T18:05:47","modified_gmt":"2017-09-13T10:05:47","slug":"perodua-total-protect-car-insurance","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/perodua-total-protect-car-insurance","title":{"rendered":"Why You Should Be Selective About Your Car Insurance"},"content":{"rendered":"
We know you love your car. In fact, many Malaysians do. Did you know car ownership in Malaysia is the third-highest in the world? But road accidents have increased since 2015 with a rise of 2.74% from the previous year.<\/p>\n
The best way to protect yourself is to get insurance coverage. This coverage usually comes with a new vehicle but most of the time consumers are not aware that the coverage may not cover everything. You could lose\u00a0money in the event of a claim.<\/p>\n
Needless to say, it\u2019s good to check if that car insurance coverage you are annually paying for will really give you that\u00a0peace of mind. The thing is, cars tend to depreciate faster than you pay off your loan, especially in the initial years. And in the event of a loss, you stand to lose money if the payout is according to market value.<\/p>\n
But for Perodua owners, there\u2019s an advantage to be covered by the Perodua Total Protect<\/strong><\/a> plan, as it gives more comprehensive protection. The plan provides full coverage of the sum insured for the first five years of the vehicle’s age.<\/p>\n