Car Insurance Guide
Best Motorcycle Insurance Malaysia 2026 — Cheapest Prices + Shopee RM15 Cashback 2026
Compare the best motorcycle insurance options in Malaysia. Zurich Z-Rider, Allianz, Etiqa, Takaful Ikhlas — prices by CC, coverage comparison, and how to get FREE Road Tax + RM15 cashback on Shopee.
Which is the best motorcycle insurance in Malaysia?
The best motorcycle insurance depends on your bike and needs. Zurich Z-Rider and Allianz are the most popular comprehensive options — both include 24/7 roadside assist. For the cheapest price, compare all 16 insurers on Bjak. For bonus value, buy on Shopee to get FREE Road Tax voucher (RM20+) + RM15 cashback + SPayLater installments. Takaful Ikhlas and Etiqa are also competitive for budget riders.
Updated 2026 • Malaysia
Types of Motorcycle Insurance in Malaysia
| Type | What It Covers | Best For |
|---|---|---|
| Third Party (TP) | Damage you cause to other vehicles/people only. NOT your own bike. | Older bikes, minimum legal requirement |
| Third Party Fire & Theft (TPFT) | TP coverage + your bike if stolen or damaged by fire. | Mid-range bikes, extra theft protection |
| Comprehensive | Everything: own damage (accident), theft, fire + third party liability. | All bikes — strongly recommended |
Comprehensive is the only type that covers your bike if you crash, regardless of who's at fault. Third party does NOT cover your own motorcycle repair costs.
Motorcycle Insurance Price Guide by CC (Malaysia 2026)
| Bike Category | Engine Size | Est. Comprehensive Premium/Year | Popular Models |
|---|---|---|---|
| Kapcai / Underbone | 100–135cc | RM150 – RM250 | Honda Wave Alpha, Yamaha EZ115 |
| Standard Underbone | 135–150cc | RM200 – RM350 | Honda Wave 125, Yamaha Y15ZR |
| Scooter (Skuter) | 125–160cc | RM220 – RM380 | Honda PCX, Yamaha NMax, ADV160 |
| Sport (Naked/Fairing) | 150–200cc | RM350 – RM600 | Yamaha R15, Honda RS150R |
| Sport (Mid/Large) | 200–650cc | RM600 – RM1,500+ | Kawasaki Z400, Honda CB500 |
| Big Bike | 650cc+ | RM1,000 – RM3,000+ | Harley, BMW, Kawasaki Z900 |
Premiums vary by insurer, NCD, rider age, and usage. Get exact quotes on Bjak or Shopee by entering your bike plate number.
Best Motorcycle Insurers in Malaysia
- Zurich Z-Rider — Best for Comprehensive Cover
- Allianz General Insurance — Best Workshop Network
- Takaful Ikhlas — Best Shariah-Compliant Option
- Etiqa — Often Cheapest on Bjak
- Kurnia — Good for High-CC Bikes
Where to Buy: Shopee vs Bjak for Motorcycle Insurance
| Feature | Shopee | Bjak |
|---|---|---|
| Insurers | Zurich Z-Rider, Allianz, Takaful Ikhlas | 16 insurers including Etiqa, MSIG, Kurnia |
| FREE Road Tax voucher | ✓ Yes (RM20+) | ✗ No |
| RM15 cashback | ✓ Yes (referral code PQPOJB) | ✗ No |
| SPayLater installments | ✓ 1–12 months | ✗ Lump sum only |
| Price comparison | ✗ Choose one insurer | ✓ Side-by-side all 16 |
| Best for | Zurich/Allianz + bonus value | Finding absolute cheapest |
Strategy: check Bjak first for the cheapest quote. If Zurich, Allianz or Takaful Ikhlas is competitive — buy on Shopee to collect the RM15 cashback + Road Tax voucher.
Buy on Shopee — What You Get
FREE Road Tax Voucher
Road tax voucher covers your actual road tax cost. Value depends on CC — RM20 to RM300+ for bikes.
RM15 Cashback
Enter referral code PQPOJB at checkout. RM15 credited to your ShopeePay wallet instantly.
SPayLater Up to 12 Months
Split premium into monthly payments. 1 month at 0% interest. No lump sum pressure.
FREE 24/7 Roadside Assist
Towing, breakdown, flat tyre, battery jump-start. Included with all Shopee motorcycle plans.
NCD for Motorcycle Insurance Malaysia
Motorcycle NCD works the same as car NCD — you earn a discount for each claim-free year. However, motorcycle NCD is separate from your car NCD — they do not share or transfer between each other.
Motorcycle NCD scale: Year 1: 0% → Year 2: 15% → Year 3: 25% → Year 4: 35% → Year 5+: 45% (maximum).
Important: Making an own-damage claim on your motorcycle resets your motorcycle NCD to 0%. For minor damage (e.g. RM200–400 scratch repair), it's often cheaper to pay out of pocket and protect your NCD.
Check your current motorcycle NCD via ISM's website (ismportal.ism.com.my) before renewing — or it will be auto-applied when you get a quote on Bjak or Shopee.
Verdict: Which Motorcycle Insurance Should You Buy?
- Budget kapcai (Wave, EZ115) — Third Party is fine
- Daily commuter scooter (PCX, NMax) — Comprehensive recommended
- Sport/performance bike — Comprehensive essential
- Any bike — compare Bjak first, then buy on Shopee if Zurich/Allianz wins
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Best Motorcycle Insurance Malaysia 2026 — Cheapest Prices + Shopee RM15 Cashback FAQ
Yes. Under the Road Transport Act 1987, all motorcycles must have at least third party insurance before road tax can be renewed. Riding without insurance is illegal and can result in fines, license suspension, or imprisonment.
Compare & Buy Motorcycle Insurance — Get FREE Road Tax + RM15 Cashback
Compare 16 motorcycle insurers on Bjak — or buy on Shopee for FREE Road Tax voucher + RM15 cashback (code PQPOJB) + SPayLater up to 12 months.
