Zurich Malaysia urges car homeowners to get Particular Perils protection – 59% not protected fr flood injury

Zurich Malaysia is urging car homeowners so as to add on particular perils protection in mild of heavy rains anticipated from mid-November by the Malaysian Meteorological Division (MetMalaysia). With elevated rainfall introduced on by the monsoon transition part in addition to the continuing La Nina phenomenon (till early 2023), flash floods have already impacted some areas and there’s a risk of extra occurrences within the coming weeks.

We’ve mentioned the subject of particular perils protection earlier than, however it’s value repeating that if you happen to don’t have it, there’s not a lot you are able to do to submit a declare within the occasion your car is broken by floods (or different types of pure disasters).

In a latest launch, Zurich Malaysia says prospects can add particular perils protection at any time all year long to guard them from loss or injury attributable to pure disasters, together with floods. The corporate features a useful desk to indicate how a lot it’ll price you to opt-in for each its Z-Driver and Z-Driver Takaful plans, which we’ve included on this put up.

The corporate additionally mentioned that 59% of Malaysian motorists nonetheless should not have enough safety towards flood injury based mostly on its Influence of Pandemic on Safety survey that was carried out amongst 990 car homeowners in September 2021.

Apart from floods, particular perils protection also can embody landslides and falling bushes, each of that are potential perils that the corporate says Malaysian motorists is probably not ready for. The statistics offered point out only one in three motorists (34%) reported having protection for storms, together with falling bushes, and solely 29% are coated for landslides.

As we’ve found in our earlier put up on particular perils protection, the small further price relative to your car’s worth is value it. That is very true if you happen to take into account the quantity of money and time you’ll be spending to repair your automotive ought to the undesirable occur and also you’re not coated. Communicate to your insurance coverage supplier to seek out out if you’re adequately protected.