Step-by-Step Guide to Switching Insurers While Keeping Your NCD and Getting Better Rates

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Many drivers assume they must stay with the same insurer every year. In reality, you can switch car insurers in Malaysia and still keep your No Claim Discount (NCD).

If your renewal premium has increased or you’ve found a better offer, changing your insurers could help you get a lower insurance while keeping the coverage you need. Here’s how to do it properly:

1. Check Your NCD Status

Before switching insurers, confirm your current NCD percentage. You can find it on:

Your motor insurance schedule
Renewal notice
Insurance quotation platforms

In Malaysia, NCD belongs to the policyholder, not the insurer, so it can be transferred when you switch insurers.

2. Compare Insurers Before Your Policy Expires

Start comparing 30-60 days before renewal because two policies may look similar but offer very different coverage levels. Make sure to check:

Sum insured
Excess amount
Add-ons included
Special perils coverage
Roadside assistance

Never let your policy lapse, as this may affect your NCD validity.

Make Your Renewal Work Harder for You

If you’re switching insurers or reviewing your policy, timing your renewal can also bring extra value.

PolicyStreet offers Free Road Tax (capped at RM90) when you renew from the 25th until the end of the month. This helps lower your overall renewal cost, not just your premium.

Combining a competitive quote with additional renewal savings can make switching even more worthwhile.

3. Prepare The Required Documents

When changing car insurers in Malaysia, you typically need:

Vehicle registration number
IC / identification details
Current NCD percentage
Existing policy details

Most insurers can verify NCD automatically through the central NCD database.

When Should You Switch?

Switch insurers if:

Your renewal premium increased significantly
Another insurer offers similar coverage at a lower price

Key Takeaway

Switching insurers in Malaysia is straightforward, and your NCD stays with you. Comparing options before renewal helps ensure you’re getting the right coverage at the best possible rate.

Smart drivers don’t just renew automatically, they review, compare, and renew strategically.