KUALA LUMPUR: Motorists with good driving records could soon enjoy an additional insurance premium discount of up to 10% under a new government initiative aimed at rewarding safe and responsible road users.
Transport Minister Anthony Loke said the Cermat Madani initiative would provide an additional rebate of up to 10% on motor insurance premiums for motorists assessed as low-risk drivers through the MyJPJ application.
He said the additional rebate will be on top of the existing no claim discount (NCD) of up to 55%.
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"This enables eligible motorists to enjoy as much as 65% on their premiums," he said after launching the initiative here on Tuesday (June 9).
"The artificial intelligence (AI) risk assessment on motorists who score high points may also lower the base premium they pay for their motor insurance.
"This initiative is based on the principle that drivers who comply with the law, maintain good driving records and consistently prioritise safety deserve to be recognised and rewarded accordingly."
Loke said the initiative was part of efforts to encourage a culture of safer, more responsible and prudent driving through the use of relevant data and information in the assessment of vehicle insurance risks.
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He added that recognising and valuing safe driving behaviour could motivate more motorists to obey speed limits, adhere to traffic signals, avoid repeated offences and become more accountable to other road users.
"Road safety is not merely about statistics or numbers. It concerns human lives, the safety of families and the well-being of communities," he said.
The Transport Ministry said it remained committed to making the nation's roads safer while ensuring a fairer insurance premium assessment system that rewards responsible motorists.
