The Ministry of Transport (MOT) will examine the implications of making car insurance compulsory for private car passengers, as it could among others, significantly impact insurance costs for vehicle owners.
Transport Minister Anthony Loke Siew Fook said a comprehensive study would also be necessary to evaluate its impact on existing laws.
“We will ask the Land Division of the Ministry of Transport to look further into it and it will certainly have a big impact on the cost of insurance, so this needs to be looked into before any policy decisions are made.