The Importance of Auto Insurance for Cars
Car insurance is intended to protect from the threat of unforeseen hazards such as collision, theft of car parts or even the car itself is stolen. By protecting a car with insurance, we can drive a car with a sense of calm and safe to travel to anywhere.
Types of car insurance coverage
1.Asuransi Losses Total (Total Loss Only / TLO)
Guarantee losses resulting from accidents with minimum damage to 75% of the sum insured or the vehicle is lost. Usually the car damage is very severe (broken engine) can claim a new course through the rather complicated claims process.
2. Combined Insurance (Comprehensive) or All Risk
Guarantee losses resulting from major and minor accidents or loss with the imposition of additional equipment / vehicle destruction or loss. This insurance covers damage to the car body such as scratches, missing spare tire, mirror missing, broken glass, etc.. Claims process is not too complicated, because it is usually for large workshops already cooperating with the insurance that will help us process claims.
In addition to the basic protections such as the above, car insurance also provides liability insurance expansion such as the law against third parties and passengers, riots (Strike, Riot and Civil Commotion), Natural Disasters (Act of God), etc.. So when we had an accident collided with another car, and we are obliged to replace the damage, we can take advantage of insurance that we include in our car. Or in other words, the cost of improvement be financed by the insurance that we join.
Moreover, it would be better if we join All Risk insurance, because even small damage will be borne by insurers. Indeed, in terms of the All Risk Insurance premium costs to be paid is more expensive when compared with TLO insurance, but we will get more benefits.