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(valid for car insurance premium of at least $1000.00). 2. Latest Car Insurance Promotions. Beginning 1 st July 2017, motor insurance in Malaysia will be de-tariffed which accounts to 46.2% of the total general insurance market in 2016. Cancellation during the promotion period will not be eligible for the promotion benefit. Toll-free number: 1 800 22 5542. Water damage cover as low as RM10 per year. . The 'premium' is the amount you have to pay to keep your car insurance in Malaysia valid. If you want to steer clear of heavy bills, car insurance is a must-have. Pacific & Orient Customisable plans. The cheapest car in Malaysia has been popular no doubt about that its the bigger volume seller in the VivaAxia show contributing 420240 units to the total listed above. Please refer to the policy contract for the full details of benefits, terms and exclusions that are applicable. 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