When you are offered an insurance agent for an
antique or old car ,
you should first learn. You can learn from the value of premiums that fit your
needs.
Let us give you example, if
the car above 5 years will approximately be added rate of 5% or if above 10
years the rate will be about 10% of normal premium. All that depends on
the policy of car insurance companies related.
And then if the
antique car you want to get the protection as a whole will be required
to increase the premium from the price already set. So to calculate the cost of antique
car insurance generally vary each insurance
company. It depends on the type and price of the vehicle.
However, in general the prevailing premium rates for antique
cars are regressive. That is, if the insured value set
more and more expensive, then the smaller
percentage of premium rates.
For another example, the price of
type A
is only about 329.6
million in 2016. So for the type of policy that guarantees all risks
except for what is mentioned in the policy exclusion and the premium value paid
is 1.88% of the car's price of 6.2
million. However, now the car has a market value of around Rp 533.9 million and
the percentage of premiums paid to 1.32%. So the total cost of premiums
increased by about 7 million.