Insurance cover note Malaysia

Last week’s flash floods that occurred in the Klang Valley saw around 100 cars trapped in rising waters on several major roads, including Jalan Pantai Baru and Jalan Tuanku Abdul Halim. Many vehicles were reportedly submerged under three to four feet of water, with owners having to abandon their vehicles.

Owners of these vehicles will have to rely on their insurance policy – if this has the necessary extension – to cover the cost of the damages, because the City Hall (DBKL) says it isn’t the prerogative of the government or even DBKL to bear the cost of the damaged vehicles, The Sun reports.

“No, we won’t cover it unless they had included extended coverage in their insurance. Otherwise, no,” Kuala Lumpur mayor Datuk Seri Amin Nordin Abdul Aziz told the publication in response to a query on the matter.

The publication also checked with leading insurance companies on aspects of flood damage, and it was revealed that insurance companies will not bear the cost of the damage if the client has not purchased an extension on his/her coverage policy.

“Damages of floods will only be covered if they purchase an extension on their policy which includes natural disasters like floods etc,” said one insuranc agent. A number of other leading insurance companies also stated the same policy structure on their respective websites, the report added.