Car Insurance for Old Cars in Malaysia (2026)
Which insurers still cover cars 10, 15, or even 25 years old — and what coverage can you actually get?
Age Limits by Insurer
Each insurer makes its own decision. The table below shows general guidelines — always confirm with the insurer directly as policies change.
| Insurer | Comprehensive | Third Party F&T | Notes |
|---|---|---|---|
| Etiqa | Up to 25 yrs | Up to 25 yrs | Most flexible; market value basis for 15+ yr cars |
| Lonpac | Up to 20 yrs | Up to 25 yrs | Good for older cars; assess case by case above 20 |
| Pacific (MSIG) | Up to 20 yrs | No hard limit | Popular choice for old car owners |
| Allianz | Up to 15 yrs | Up to 20 yrs | Loading applied for 10+ yr cars; may decline at 15+ |
| AXA Affin | Up to 15 yrs | Up to 20 yrs | Case-by-case above 15; good workshop network |
| Tokio Marine | Up to 15 yrs | Up to 20 yrs | Assessment required for vehicles 12+ yrs |
| Zurich | Up to 15 yrs | Up to 20 yrs | Stricter on older vehicles; focus on newer cars |
Guidelines only — individual vehicles may be assessed differently. Always confirm directly with insurer.
What Coverage Can You Get?
Comprehensive
Cars under 15 yrs (most insurers)
Own damage, theft, fire, third-party liability. Best for cars still worth RM20,000+.
Third Party Fire & Theft
Cars under 25 yrs (most insurers)
Theft and fire cover for your car + third-party liability. Best value for cars worth RM5,000–20,000.
Third Party Only
No age limit
Minimum legal coverage. Only covers damage you cause to others. No cover for your own car.
Market Value vs Agreed Value for Old Cars
For cars over 10–15 years old, insurers almost always insure on a market value basis — meaning they pay you what your car is worth in the second-hand market at the time of the claim, not what you paid for it.
Example: 2005 Perodua Myvi (20 years old)
- • Market value today: approx RM8,000–12,000
- • Total loss payout: RM8,000–12,000 (less excess)
- • Annual premium (3rd party F&T): approx RM350–500/year
- • Annual premium (comprehensive): approx RM600–900/year (if available)
At this value, third party fire & theft often makes more financial sense than comprehensive.
Will Insurers Refuse My Old Car?
Beyond age alone, insurers look at:
- Condition and mileage — very high mileage or poor maintenance may trigger refusal
- Modifications — non-standard modifications can make insurance harder to obtain
- Claims history — a poor history on an old car is a red flag for insurers
- Car type — sports cars, performance cars, and imported parallel-import cars face stricter rules
- Summons — outstanding summons under your MyEG/JPJ record can affect renewals
If one insurer refuses, try another. Etiqa and Lonpac via Bjak often accept vehicles others won't.
Expected Premiums for Old Cars
| Car (Age) | 3rd Party Only | 3rd Party F&T | Comprehensive |
|---|---|---|---|
| Proton Saga (15 yrs) | ~RM150 | ~RM250 | ~RM500 |
| Perodua Myvi (15 yrs) | ~RM160 | ~RM280 | ~RM600 |
| Toyota Vios (15 yrs) | ~RM180 | ~RM320 | ~RM750 |
| Proton Wira (20 yrs) | ~RM130 | ~RM220 | Not available |
| Perodua Kancil (20+ yrs) | ~RM120 | ~RM200 | Not available |
Estimates only. Actual premium depends on your NCD, location, engine size, and individual insurer assessment. Get exact quotes on Bjak.
Tips for Insuring an Old Car
Use a comparison platform
Bjak shows you multiple insurers at once — some accept old cars others decline. Saves hours of calling individual agents.
Keep your NCD intact
Even if your car is old, 55% NCD saves you RM100–300/year. Don't make small claims — pay out-of-pocket to protect your NCD.
Consider third party fire & theft
If your car is worth under RM20,000, third party fire & theft covers the most likely losses (theft) at a fraction of comprehensive cost.
Settle outstanding summons first
JPJ summons can block your road tax renewal, which blocks insurance. Clear via MyEG or JPJ kaunter before renewing.
Document condition
Take photos of your car before insuring. For old cars, this protects you from 'pre-existing damage' disputes if you claim.
FAQs
Can I get comprehensive car insurance for a car over 20 years old in Malaysia?
Yes, but it's harder. Most insurers cut off comprehensive at 15 years. Etiqa, Lonpac, and Pacific are more flexible and may insure vehicles up to 25 years old — on a market value basis. Get quotes via Bjak to see which accept your car.
Which insurers cover cars over 15 years old in Malaysia?
Etiqa, Lonpac, and Pacific (MSIG) are among the most flexible. Allianz and AXA may cover to 15 years with loading. Always verify directly as policies change.
What happens to NCD on an old car?
Your NCD stays valid regardless of car age. A 55% NCD on a 20-year-old car is worth keeping — protect it by not claiming for small damages.
Is third party or comprehensive better for an old car?
For cars worth under RM20,000, third party fire & theft often gives the best value. It covers theft (the most likely loss on an old car) without comprehensive premiums. Full third party is the cheapest option but gives zero cover for your own vehicle.
Get a Quote for Your Old Car
The fastest way to find which insurer accepts your car and what it costs is to compare on Bjak — it checks 16 insurers simultaneously.
Compare on Bjak — 16 Insurers →Affiliate link — we earn a commission if you buy. Doesn't affect the quote you see.