KUALA LUMPUR, Aug 30 — Motorists not at fault in accidents can now claim directly from their own insurers without losing their No-Claim Discount (NCD), following Bank Negara Malaysia’s (BNM) revised motor insurance policy. The “Own Damage Knock-for-Knock” (OD-KFK) option enables comprehensive policyholders to repair their vehicles through their insurer rather than waiting for the at-fault driver’s provider. This move speeds up repairs, preserves NCD, and eliminates out-of-pocket costs. BNM has also introduced Digital Roadside Assistance for authorised towing, workshop access, and online submissions. Disputes can be escalated to the Financial Ombudsman Service.
Motorists Can Claim from Own Insurer Without Losing NCD Under BNM’s New Policy
Latest from Blog
Susan Cannon, 73, faces nearly $39,000 (RM152,000) in credit card debt. High interest rates make it…
Sabah PH leaders urge the federal government to meet court deadlines on Sabah’s 40 % net…
Jeff Mason, 76 tahun, memandu Uber untuk menambah pendapatan. Beliau pernah menanggung hutang besar akibat kos…
Malaysia posted a 5.2 % economic growth rate in 2025, the fastest in three years.…
A man’s plan to celebrate Chinese New Year ended tragically when his MPV overturned and burned…
