There are two types of car insurance products that need to be understood by the customer. They are The Car Insurance All Risk and Total Loss Only (TLO). The different both of them is in the protection provided, wherein all risk insurance provides complete protection against all risks of vehicles. This makes more people choose products all risk for auto insurance, especially for new vehicle (under 5 years age of the vehicle), although as a premium above cost of all risk insurance TLO. While the TLO own insurance only protects the vehicle in case of total damage (costing more than 75%) or lost.
Given
the cost is relatively large, then all risks before taking this product, a
borrower must really understand the product so as not to upset or misperception
that could lead to losses in the future.
Some
of these things need to be considered before taking all risk insurance product,
given the frequent misunderstandings that lead to disappointment:
Car protection requirements can be
seen from the crime rate or the level of other risks such as the density of
traffic where you live or travel a lot with the car. If you do not have the
exact data, you can check on the internet or other media. If your neighborhood
is not too dense and minimal risk of accidents either mild or severe the TLO
product fits you take.
But
if staying in the area of heaviest traffic, the risk of vehicle accidents,
minimal scratches large enough. Just a stroke of at least need to cost 500
thousand to 1 million if it enters the body painting. If this condition occurs,
then the product is suitable All risk you take. Examples of other woods such as
shelters are often affected by flooding, then all risk insurance chosen must have
the extension guarantee against flooding.
Before
filing all risk insurance for your car, do the following first:
1. Check your budget, Are
Viable for Insurance Premium CostsAll risk?
Because
it protects all the risks, costs of insurance premiums for all risk types are
more expensive than car insurance TLO. Car premium payments usually once a
year, for a new output of cars with a price premium of 200 million usually need
3 million every year. Check and adjust the budget with a financial budget.
Protection vehicles including an important condition for moving assets usually
prone to risk. So, if you're ready to buy a car then it should also prepare
more funds to buy insurance all risk.
2. Compare and Choose the Best
Products and Reliable
The
cost of premiums is so one consideration, but to consider also the benefits as
well as the reputation of the insurance company will take. Reputation is
important because it will affectthe claim processlater. It
could be a little expensive but the convenience premium claims process and a
car repair shop network partner so much more. This is of course an important
consideration in addition to the premium cost.
With many compare products and see the
reputation of the insurance carrier will be easier to get the right product at
the insurance company that has a good reputation. Especially at this time
comparing products and that reputation can be easily done through the Internet.
3. Note the Corporate
Reputation, Customer Testimonials To Not Disappointed
One way to look at the reputation of
the company is keen attention to customer testimonials that have used these
insurance products, particularly the issue of the claim. Car insurance is
identical with the claims process. If a claim is easy, bengel extensive
network, the customer is satisfied then the testimony usually also be nice. It
is encouraging that the company has received numerous awards and slowly but
surely reputation will also rise.
In
addition to pay attention to a few important things before taking all risk
insurance products above, other important thing to understand is the mechanism
peru claims. In general, relatively simple claims mechanism, if there is risk
of contact live customer call center or contact your sales and submit a plan to
process claims. Just follow the instructions given alone.
Avoid It If not Want Filing Car Insurance All Risk Denied
By the smoothness and avoid claims
were denied, pay attention and understand some of the factors that cause car
insurance claim was rejected the following:
1. Motorists Do not Have SIM
SIM
is mendasr for the driver. If you do not have a license means the driver is
considered not worth driving and automatically unworthy also to obtain
insurance protection. Insured events that often occur insure his car to car
insurance all risk, and it turns out the car is used by children aged under 17
years, and runs the risk of accidents.
For cases like this, the most
fundamental thing can not be met, namely the driver does not have a license to
make a car insurance claim was denied.
2. The driver's license has
expired
Not having a driver's license and
driver's license expiry bhabis are Tweedledum and Tweedledee same alias. Claims
with this condition will also be rejected because, according to traffic rules
every driver of a vehicle must have a driver's license (SIM), any claim the
insured must fill out the claim form on chronology.
3. Late moment Claims Report
One of the bad habits of the owner of
the vehicle is put off claims if at risk for light vehicles such as scratch,
berets or the other. After injuries to the body of the car started many new
claim. This claim was rejected because the risk of a claim reporting deadline
maximum of 5 days.
In conditions like those found in
PSAKBI (Standard Policy Motor Vehicle Insurance) each kerusakann who
experienced car in tanggungkan, the policyholder has the obligation to report
to the insurance maximum of 5 days from the occurrence of the damage.
4, Giving False Information
For claims with great value, the
insurer has a part of its own investigation. Sometimes when there is a
potentially aberrant condition rejected claims customers convey false
information. For example, the customer suffered severe risk of vehicle accident
with damage to more than 75%, while the drive was the child who has not had a
driver's license. So that claims can go, the vehicle owner make a police report
that he who was riding when the accident occurred.
We
conducted an investigation of the insurance company, it was found the fact that
the riders are children who do not have a license. These conditionsresulting claim is rejectedand
ruin your own reputation.
5. Loss Due to Fraud,
Embezzlement, Anesthesia and Hypnosis
Case lose like this usually happens in
the case of car loans by their own friends and finally taken away, or some of
them happened in the case of rental car but in fact taken away. If the case is
reported to the insurer that the car was taken away by his or car renters,
based PSAKBI mention that the vehicle is insured lost disebab because loaned by
people nearby or lease taken away the car insurance claims will be rejected,
and therefore after the insured his car to read back the policy, the policy
clause, and PSAKBI.
6. Damaged Goods Transported by
vehicles in Insure Not Protection Insurance
This
risk is much going on entrepreneurs distribution of goods throughout the city.
Let's say you buy a used pickup for fleet send merchandise to the customers and
join All risk insurance program. In the delivery process turned out to be a
traffic accident that makes the pickup truck and the goods transported heavily
damaged. In such cases, the pick-up car can claim damages to the insurer, but
the goods transported does not participate in protection.
7. Damage Due Car Body Fluid
Chemistry
Chemical liquid, including material
which is not protected if it resulted in damage to the car body. For example,
you walk hand in hand on the highway with vehicles carrying chemicals. It turns
chemical spill transported the vehicle due to vehicle accidents. Chemicals of
your vehicle and cause damage to the car body.
Cases
like this can not be claimed because, according to The Standard Vehicle
Insurance Policy that can damage insurance cover is totally or partially damage
which is caused due to an accident, evil, falling objects and other traffic
accidents.
Understand the terms and
benefits are insurance products
Car
insurance all risk provide total protection on vehicles of all kinds of damage
to smaller vehicles include vehicle body, rearview broken lights, grazed
vehicle, stop lamp is broken, the damage caused by natural disaster such as a
flood, sabotage, terrorism until the vehicle is missing. This product is very
useful, although with a slightly more expensive priemi. Nevertheless, it should
be considered also some things over before taking this product to fit the needs
and avoid the risk of a claim is rejected.