Only 18% of Vehicles Towed During Flood Have Flood Cover

KUALA LUMPUR, June 14 (Bernama) — Flood is one of the most common natural disasters in Malaysia with its equatorial climate and presence of two monsoon seasons. It is made worse in recent years due to the fallout from global climate change, as evident in the unprecedented flood disaster that has hit both urban and rural areas early this year.

With the coming monsoon season and rainfall, flood risk is imminent. It will also continue to pose a huge concern once again as many Malaysians are still uninsured against flood. Citing a staggering statistic from the General Insurance Association of Malaysia (PIAM), only 4% of Malaysians nationwide have purchased flood insurance coverage.

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