Causeway OD Shield

What is it about?

In the event, you’re hit by a Third Party Foreign Vehicle in a Foreign Country; what will you do? Are you able to claim from your insurance company? Or are you required to pay for the damage for your car even if it’s not your fault.You may think you can claim against the Third Party Car Insurance, however you may realise that car insurance coverage is not as comprehensive overseas as compared to at home country. Due to the complexity of Accident with Foreign Vehicle and Foreign Country, the Third Party Claim is a long and frustrating process which may take a few YEARS to conclude, and chances are slim. The same goes with Malaysian cars in Singapore; it’s difficult to claim against foreign cars due to complication in cross border claims. Conclusion is you will end up paying for your own car damage, either from your own pocket or to claim OD (Own Damage). Most of the time insurance companies will advise you to claim OD, which you have to fork out the excess amount first, and you will lose your NCD unless you have NCD Protector; and your Car Insurance Premium will increase significantly on your next renewal. What to do That’s what we are here for, Let COD Shield, be your Shield!