Automotive Allianz General Flood Coverage For Car Owners

Published on January 3rd, 2022 | by Subhash Nair


Allianz Malaysia Towed 1393 Flooded Vehicles, Only 68 Had Special Perils Coverage

Only 68 of the 1393 vehicles Allianz Malaysia towed after last year’s floods were covered for special perils.

Back in October 2021, Met Malaysia warned that unusually heavy rains were heading our way between November 2021 and January 2022. This warning was later followed by a press release from Zurich Malaysia stating that nearly 60% of Malaysian car owners lacked special perils insurance coverage. Many did not heed these warnings.

Malaysia’s no.1 car insurance provider, Allianz General Insurance (Malaysia) says for their customer base, the number of car owners without special perils insurance coverage was closer to 11%. And after last month’s major flooding in the Klang Valley, they found that only 68 of the 1393 vehicles they had towed as a result of the floods were covered for flood damage.

allianz malaysia head of claims Damian Williams

Allianz General Insurance Company (Malaysia) Berhad Head of Claims, Damian Williams, said: “Insurance serves as one of the great equalisers of society. So, people must take advantage of the protection coverages made available to them, and more importantly, they must make their insurance policies work for them”.

For those affected by the recent floods without any form of coverage, PIAM and LIAM have provided a small special insurance assistance package that may help you get back on your feet. Check out the details here.

Flooded Subaru XV

“Insurance should be seen as an investment against your assets; things that matter the most to you, which are your health, your home, and your vehicle. Unfortunately, for most Malaysians, it almost always boils down to a matter of
ringgit and sen. Many often try to save money by opting for a cheaper insurance policy, doing away with optional benefits for certain covers like windscreen or special perils (for motor insurance) and house content (for fire insurance). This also means losing out on the coverage that you deserve when it matters the most,” added Damian.

Here’s the press release with more information.

BHPetrol_Euro5 Diesel_2021


When it comes to protection, never leave anything to chance.

The recent devastating floods caught many Malaysians off guard, and thousands were forced from their homes, with many left wondering if they had adequate insurance to cover their losses. The severity of the situation is further exacerbated as many flood victims were suffering from financial losses as they did not purchase flood cover which is an optional cover under the standard fire and motor policies or certificates.

In 2021, only 11 percent of Allianz motor customers chose to add on special perils cover as part of the motor comprehensive cover. Meanwhile, as at 29 December 2021, Allianz General provided towing assistance to 1,393 customers whose vehicles were affected by the recent floods. Only 68 vehicles had valid flood peril cover on their Motor policies.  At the same time, the Company also saw 568 claims registered by individual policyholders (such as
Smart Home Cover) as well as 426 claims registered by commercial policyholders.

To learn more about Allianz Malaysia’s motor and fire policies for your homes and business, visit .

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Written work on @subhashtag on instagram. Autophiles Malaysia on Youtube.

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