Estimate an indicative comprehensive private-car premium from your car's value and NCD; insurer quotes can differ.
Estimated premium payable
RM 659.88
incl. RM 48.14 SST (8%) and RM 10.00 stamp duty
Estimated premium payable: RM 659.88
Based on the PIAM Motor Tariff for comprehensive private-car cover. Motor pricing is liberalised, so insurers may price above or below this — treat it as a baseline, not a quote.
RM50k car, Peninsular, 55% NCD
Basic RM1,337 − 55% NCD + 8% SST + RM10 stamp duty.
≈ RM660 / year
RM30k car, Peninsular, 25% NCD
Lower value but a smaller NCD keeps it similar.
≈ RM672 / year
How the figures above are worked out — the rules, rates and reasoning behind every line.
Comprehensive premiums in Malaysia start from the PIAM Motor Tariff: a base rate tied to your car's sum insured (market value). Your No-Claim Discount is then applied, and finally 8% service tax (SST) and RM10 stamp duty are added.
Since 2017 motor insurance has been liberalised, so insurers can load or discount around the tariff based on risk — but the tariff remains the reference baseline.
Peninsular Malaysia: RM63.20 for the first RM1,000 of sum insured, plus RM26.00 for each additional RM1,000. Sabah and Sarawak use lower rates (RM50.80 + RM20.30).
Your NCD (0% up to 55% after five claim-free years) is a discount on that basic premium. We then add any optional add-ons, 8% SST and RM10 stamp duty.
No-Claim Discount rewards claim-free years with a premium discount: 25% after one year, rising to 55% after five. It transfers with you between insurers.
Yes — motor insurance for individuals carries 8% service tax (since 1 March 2024), plus RM10 stamp duty on the policy.
Motor pricing is liberalised, so insurers adjust around the tariff for your car model, age, location and claims history. This is a baseline estimate, not a binding quote.
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