PETALING JAYA: The Basic Insurance coverage Affiliation of Malaysia yesterday stated that homeowners of uninsured automobiles are courting hassle ought to they’ve a site visitors collision.
The affiliation stated beneath Part 90 (1) of the Street Transport Act 1987, it’s necessary for homeowners of motor automobiles utilizing public roads to have a legitimate motorized vehicle insurance coverage to acquire or renew street tax.
It stated failure to have motor insurance coverage for a car contravenes the Act, and an offender might be liable to a tremendous not exceeding RM1,000 or face imprisonment of as much as three months, or each.
Offenders additionally face suspension of their driving licence for as much as a 12 months.
“It’s not price it. Those that drive with out a legitimate motor insurance coverage could face hefty fines, and find yourself paying from their very own pockets for injury precipitated to a 3rd occasion or property,” the affiliation stated.
Motorists additionally should fork out funds for the injury of their automobiles and face authorized problems.
Buying motor insurance coverage doesn’t solely shield the car nevertheless it additionally protects the proprietor’s funds as properly.
The affiliation instructed theSun that protection of motor insurance coverage insurance policies for third occasion bodily accidents is limitless.
It stated the motive force or automobile proprietor of an uninsured car could also be answerable for accidents or dying suffered by a 3rd occasion, together with compensation by way of courtroom awards if they’re sued.
The affiliation added that within the occasion of a collision with an uninsured car, a motorist can search help from the Motor Insurers Bureau of West Malaysia.
The bureau was established following an settlement between the Transport Ministry and common insurance coverage corporations to supply compensation for collisions involving uninsured automobiles.
The affiliation additionally stated car homeowners who maintain a complete motor insurance coverage coverage needn’t concern shedding their “no claims low cost” (NCD) when making a declare if they don’t seem to be at fault in a collision.
“They’ve the choice of submitting an ‘Personal Injury Knock for Knock’ declare with their very own insurance coverage firm, with out shedding the NCD.”
The Transport Ministry had launched a moratorium to delay the renewal of street tax because of the motion management order (MCO), however it’s obligatory to have motor insurance coverage for the car.
With the lifting of the MCO, the grace interval for renewal of street tax has been prolonged till Dec 31.
Nevertheless, the Street Transport Division (RTD) believes that there are numerous car homeowners who haven’t renewed their motor insurance coverage, following the moratorium.
To clamp down on uninsured automobiles on the street, the RTD launched Ops Sedar two weeks in the past.
The RTD stated final week its information confirmed that the street tax of about 3.8 million automobiles have but to be renewed.
