In order to purchase a vehicle’s road tax, owners of cars and motorcycles, it is compulsory for insurance coverage be obtained for their vehicles. The above also goes for lorries, trailers and buses as well. Under the Road Transport Act 1987, it is therefore correct for one to assume all vehicles on the road must [...]
A reader of this blog very recently wrote in lamenting he had to fork out some RM700 for renewal of his road tax and 3rd party insurance. He further informed us that he owns a 10 year old vehicle. The reader also told us that he only paid some RM500 for the above 2 things [...]
Prior to the announcement by the Government recently to set up a new company for especially 3rd party vehicles owners to be named Third Party Injuries TPIBD Newco, owners of vehicles 10 years or older was facing much difficulty in securing coverage for their vehicles. Amongst other things, owners had to succumb to insurance companies [...]