@timtiah: Most Malaysians think car insurance companies are making money from us. But here’s the part no one tells you. For years, the government actually **controlled how much insurers could charge**. So insurers couldn’t fully price risk. Which means… Safer drivers were indirectly subsidising riskier ones. And profits stayed thin. That’s why your No Claim Discount matters so much. It’s one of the few ways the system can actually tell a good driver from a bad one. So the next time your premium feels “cheap”… Just remember. Someone else might be helping you pay for it.

timtiah

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Wednesday 24 June 2026 07:57:30 GMT