News Releases

Chubb Launches MY Smart Car Insurance for Low Mileage Drivers in Malaysia
Feb 24, 2021

KUALA LUMPUR, 24 FEB 2021 – Chubb announced today the launch of MY Smart Car Insurance, a flexible, yet comprehensive mileage-based car insurance product tailored specially for low mileage drivers in Malaysia.

With the rapid development of the country’s public transportation system and the increasing number of people working from home, MY Smart Car Insurance is designed to help those who use their cars infrequently to save more on their car insurance. MY Smart Car Insurance rewards those who drive less with premium savings of approximately RM300[1] annually (based on scenario illustrated in the table below), while enjoying comprehensive coverage.

Make / Year of Manufacture

Sum Insured (RM)

No Claims Discount (NCD)

Basic Private Car Comprehensive (RM)

MY Smart Car Insurance

Plan 1 5,000km (RM)

Plan 2 7,000km (RM)

Plan 3 10,000km (RM)

Perodua Alza / 2019







Honda Civic / 2018







Table 1: Illustration above is based on the voluntary excess of RM450, as of 16 November 2020*

MY Smart Car Insurance is a flexible product that allows customers to choose from three different plans offering comprehensive cover within the annual mileage limits of 5,000km, 7,000km and 10,000km. Customers who need to drive more than the annual mileage selected at the time of purchase can simply top-up and continue enjoying the same comprehensive coverage.

At the end of the policy period, up to 2,000 km of unused mileage can be carried forward to the following year upon renewal, at no additional cost. This feature allows customers to enjoy the same amount of savings with a higher mileage limit.

Other benefits of MY Smart Car Insurance include access to over 250 Chubb-approved car repairers nationwide and the flexibility to tailor additional coverage to meet customers’ lifestyle needs. Additional coverage options include windscreen coverage, special perils, and all drivers’ coverage, among others.

“As Craftsmen of Insurance, we believe that there’s no one-size-fits-all coverage for every individual. The launch of MY Smart Car Insurance supports our mission to embrace differences and create products that are tailored to our policy holders’ needs. With more people driving less these days, MY Smart Car Insurance is designed for low mileage drivers in the country,” said Steve Crouch, Country President for Chubb in Malaysia. “As many are facing financial challenges during the pandemic, paying the standard motor insurance premium like everyone else does not make economic sense for those who drive infrequently. MY Smart Car Insurance’s flexible mileage plans and comprehensive coverage will allow low mileage drivers to enjoy savings and peace of mind when they drive,” he added.

MY Smart Car Insurance is distributed via Chubb agents throughout Malaysia. More information can be found at



About Chubb

Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 33,000 people worldwide.

Chubb’s operation in Malaysia (Chubb Insurance Malaysia Berhad) provides a comprehensive range of general insurance solutions for individuals, families and businesses, both large and small through a multitude of distribution channels. With a strong underwriting culture, the company offers responsive service and market leadership built on financial strength. Chubb in Malaysia has an extensive branch network and more than 2,600 independent distribution partners (agents).


Media Contact

April Lim: +603 2058 3315,

Chubb Insurance Malaysia Berhad
Wisma Chubb
38 Jalan Sultan Ismail
50250 Kuala Lumpur


[1] Estimated amount of saving may vary depending on multiple other variables such as the package plan, age, gender, claim history of policyholder and geographical area of usage.