KUALA LUMPUR: The Transport Ministry will examine the implications of making motor insurance compulsory for passengers in private cars, as this could, among other things, have a significant impact on the cost of insurance for vehicle owners, said Anthony Loke.

The Transport Minister said an in-depth study would be needed to assess its impact on existing laws.

“We will ask the land division of the ministry to look into this matter further. This will certainly have a significant impact on the cost of insurance, which is why this point should be considered before making any policy decisions.

“If we do something like this, they need to make sure there’s a balance.

Special Guest: Loke delivering his speech at the Asian Conference on Maritime Law and Affairs. — Bernama

“In this case, what is important is the decision of the Federal Court; we need to see if he has an obligation to change our law,” he told reporters at the Asian Conference on Maritime Law and Affairs yesterday, Bernama reported.

Loke was asked about the recent case in which the Federal Court ruled that passengers traveling in vehicles for business purposes can seek compensation from their car insurance company for injuries sustained in an accident.

According to media reports, the court’s ruling has reignited discussions on whether Malaysia should impose insurance coverage for passengers in private vehicles to ensure compensation in the event of an accident.