What is a Car Insurance?
Car insurance is a special type of insurance for the car, where the risk is likely to occur in the vehicle transferred to the insurance company. As with other insurance products, auto insurance requires you to pay a premium at any given period of time in exchange for a policy that ensures the protection. Car insurance companies provide a variety of insurance products and various types of gains, between you are looking for car insurance with broad protection to lower insurance premium rates or the cheapest car insurance and reliable. We help you by providing information characteristic of every car insurance in Indonesia for your convenience, with insurance premiums simulation and our calculator.Facilities provided by Car Insurance?
Car insurance available a variety of advantages, protection, features and facilities provided by the insurance companies, emergency services, legal liability to third parties, accidents, theft, fire, car replacement, riot protection, tow trucks, medical expenses, ambulance , compensation for personal accidents, and natural disasters.
Each of these features, some can be added if you add the value of the premium you pay, but would it be something you want in your financial elements and advantages as well as other conditions. To find out about the cheapest car insurance and insurance reliable the further you can look online comparison and its application in Indonesia iMoney with practical and Free!
Explanation About Car Insurance Premium
For the calculation of car insurance premiums, there are several key factors that affect the amount of premium paid each year, namely: a variety of protection features such as third party liability, personal accident, the cost of maintenance and expansion of protection against natural disasters, riot / civil commotion, sabotage , theft. In addition, Cubic Centimetres (CC), in assembly, accessories, kinds and types of cars insured is a determinant of the amount of the insurance coverage of your car (the market price of the car). Logically premium paid will be calculated based on:- For basic protection: "Insured Value x Rate Premium"
- For additional protection against natural disasters, riot / civil commotion, sabotage: "Insured Value x Rate Premiums Additional Protection"
- For the protection of third party legal liability: "Protection Value x Rate Premium TJHPK"
- For personal accident protection: "Value x Rate Premium Protection Accident"
Differences Between Comprehensive Protection and Total Loss Only
Products car insurance policy consists of 2 state protection of the motor vehicle as you see fit:
- Comprehensive (comprehensive or all risks): risk guarantee against loss / damage part (partial loss) and overall (total loss), which is caused by all risks to the extent not excluded in the policy.
- Total Loss Only (TLO): guarantees against the risk of loss / damage overall, only if the estimated cost of repairs equals or exceeds 75% of the price of the vehicle immediately before the loss, as well as guaranteeing a loss if the vehicle is stolen
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