Vehicle

Published on February 04, 2025

Related Questions

Vehicle insurance typically covers accidental damage, theft, third-party bodily injury or death, and third-party property damage. And there are a few add-on covers available if you wish to insure your car for more than what the regular policy provides. You have the following options from which to choose:Any damages to your car’s windscreenAny damages to your car audio and accessoriesAny damages to your car caused by natural disastersAny damages to your car in the event of a strike, riot or civil commotionAny liability claim from your passengers in the event of a car accidentAny compensation for the time your car is being repaired in the workshopComplimentary car usage for as many times as you need, in the event of theft or accident.But not every insurance plan can cover all of these coverage add-ons. If you need any additional coverage, be sure to select an insurance plan that offers the ones that meet your needs.

How can I calculate the premium for my vehicle insurance?

The premium for your vehicle insurance is calculated based on various factors. While specific formulas may vary among insurance providers, common factors considered include:Vehicle TypeSports cars, high-performance vehicles, rear-engine models, and intermediate-performance vehicles will all have higher premium rates than standard cars. This is due to the fact that the cost of vehicle repair will be higher in the event of an accident.Age & GenderYounger, inexperienced drivers inherently pose a greater risk to vehicle insurance providers, resulting in higher premium costs for the rookie driver. For a cheaper premium rate, it is preferable to have a few years of driving experience and a clean driving record. In addition, women tend to drive more safely than males, which enables them to pay less for their insurance.Coverages TypeThe cost of your insurance premium is determined by the coverage and additional benefits it offers. Generally, premium rates are higher with more extensive coverage and benefits. Typically, the cost of insurance increases when it covers both you and the third party.Geographical LocationYour premium rate is determined by where you live and the insurance coverage you purchase. Since accidents, theft, and vandalism are more common in cities than in rural regions, rates are typically higher in urban areas. Even though you live in a rural region, your premium rate will typically be greater if your vehicle is pricey.Driving RecordWhen compared to drivers who have a history of accidents, speeding citations, etc., safe drivers often pay lower premium rates. Pay attention to the road and stay out of any accidents to avoid paying a higher premium cost.Our app will provide the premium amount before you proceed.

How do I contact customer support for assistance with insurance renewal?

For assistance with insurance renewal, you can contact our customer support via WhatsApp at +60 18-258 3957 or email at [email protected], or through the app’s designated support feature. We’re here to help you through every step of the process.

SyncWealth Sdn Bhd202101028803(1429103-H)

+60 18-258 3957

[email protected]

Unit 3.07, Level 3, KL Gateway Mall, No 2, Jalan Kerinchi, Pantai Dalam, 59200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur.

81 Ayer Rajah Crescent, #02-59 JTC Launchpad, Singapore 139967.

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