Car Insurance Malaysia Price 2026
Full price list for 11 popular car models. See how NCD, coverage type, and insurer choice affect your annual premium — then get an exact quote free.
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Peninsular Malaysia. Comprehensive prices shown for 55% NCD (5+ claim-free years) and 0% NCD (new driver / after claim).
| Car Model | Market Value | Third Party | Comp. (55% NCD) | Comp. (0% NCD) |
|---|---|---|---|---|
| Perodua Myvi 1.5 | ~RM42,000 | RM200–280 | RM650–800 | RM1,400–1,750 |
| Perodua Axia 1.0 | ~RM35,000 | RM180–230 | RM550–700 | RM1,200–1,500 |
| Perodua Bezza 1.3 | ~RM38,000 | RM195–250 | RM600–750 | RM1,300–1,650 |
| Proton Saga 1.3 | ~RM35,000 | RM190–240 | RM580–720 | RM1,250–1,580 |
| Proton X50 1.5T | ~RM85,000 | RM320–400 | RM1,200–1,600 | RM2,600–3,450 |
| Honda City 1.5 | ~RM75,000 | RM280–360 | RM850–1,050 | RM1,850–2,280 |
| Toyota Vios 1.5 | ~RM80,000 | RM290–370 | RM820–1,020 | RM1,800–2,200 |
| Honda HR-V 1.5T | ~RM110,000 | RM380–480 | RM1,300–1,700 | RM2,850–3,700 |
| Honda Civic 1.5T | ~RM140,000 | RM450–560 | RM1,600–2,100 | RM3,500–4,600 |
| Toyota Corolla Cross 1.8 | ~RM130,000 | RM430–540 | RM1,500–1,950 | RM3,250–4,250 |
| Mazda CX-5 2.0 | ~RM140,000 | RM450–560 | RM1,600–2,100 | RM3,500–4,600 |
Estimates based on market rates. Actual prices vary by insurer — compare all 16 on Bjak for exact quotes.
How NCD Affects Your Price
Example: base premium RM1,500/year (Honda City, comprehensive).
| Policy Year | NCD | Annual Saving | You Pay |
|---|---|---|---|
| Year 1 (new / after claim) | 0% | RM0 | RM1,500 |
| Year 2 | 25% | RM375 | RM1,125 |
| Year 3 | 38.33% | RM575 | RM925 |
| Year 4 | 45% | RM675 | RM825 |
| Year 5+ | 55% | RM825 | RM675 |
What Affects Car Insurance Price in Malaysia?
Car Market Value
High impactHigher value = higher premium. A RM150,000 car pays roughly 2× the premium of a RM70,000 car.
NCD
High impactUp to 55% off your premium. The single biggest lever you control.
Engine Capacity (CC)
Medium impactHigher CC = higher base tariff. 1600cc costs noticeably more than 1000cc.
Coverage Type
High impactComprehensive costs 3–4× more than third-party, but covers your own car.
Add-ons
Low–MediumWindscreen (+RM30–100), flood (+RM50–150), NCD protection (+RM30–80).
Insurer Choice
Medium impactPrices vary up to 20% between insurers for the same car. Always compare.
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Frequently Asked Questions
How much is car insurance in Malaysia per year?
Car insurance in Malaysia costs between RM200–3,000+ per year depending on coverage type, car model, and NCD. For a Perodua Myvi with 55% NCD: third-party ~RM200–280/year, comprehensive ~RM650–800/year. For a Honda HR-V with 55% NCD: comprehensive ~RM1,300–1,700/year.
What factors affect car insurance price in Malaysia?
The main factors are: (1) Car market value — higher value means higher premium. (2) Engine capacity (CC) — affects base tariff rate. (3) NCD — up to 55% discount for claim-free years. (4) Coverage type — third-party is cheapest, comprehensive costs more. (5) Add-ons — windscreen, flood, NCD protection add to premium. (6) Location — Sabah/Sarawak road tax is 50% cheaper but insurance rates are similar.
Which car insurance is cheapest in Malaysia?
Etiqa consistently offers the lowest comprehensive car insurance prices in Malaysia, followed by AXA Affin and Zurich. For a Perodua Myvi with 55% NCD, Etiqa typically quotes RM650–800/year vs Allianz at RM750–950/year. The best way to find the cheapest quote is to compare all 16 BNM-licensed insurers simultaneously on Bjak.my.
How does NCD affect my car insurance price?
NCD (No Claim Discount) gives you up to 55% off your base premium after 5 claim-free years. Example: if base premium is RM1,500/year, with 55% NCD you pay RM675/year — saving RM825. Rates: 0% (year 1), 25% (year 2), 38.33% (year 3), 45% (year 4), 55% (year 5+). Making a claim resets your NCD to 0%.