So I renewed my insurance yesterday and the agent told me.
"Mate. since your car is 18 years old already... its gonna only cost you rm200+".
"But.. we're not gonna cover you of any accidents."
"What will be covered is theft, fire, and accidents for the other party"
In short. If I get into an accident, the repair money has to come out from my own pockets.
So I mean its pretty crap right. you got an 18 year old car which is running better than most new cars they are churning out currently and they deny you of so much coverage.. so whats the point of paying insurance?
Anyone has more knowledge into car insurance? or am I being short changed.
"Mate. since your car is 18 years old already... its gonna only cost you rm200+".
"But.. we're not gonna cover you of any accidents."
"What will be covered is theft, fire, and accidents for the other party"
In short. If I get into an accident, the repair money has to come out from my own pockets.
So I mean its pretty crap right. you got an 18 year old car which is running better than most new cars they are churning out currently and they deny you of so much coverage.. so whats the point of paying insurance?
Anyone has more knowledge into car insurance? or am I being short changed.