Definition of All Risk Car Insurance, Benefits and the Best Products in Indonesia

Car insurance is divided into two types consisting of TLO and all risk. As a layman, you should understand each of these services so you can choose the right one. On this occasion the admin will discuss a little about the meaning of all risk car insurance, the differences from TLO, benefits and examples of products in Indonesia.

Maybe there are still many of you who until now are not sure about having car insurance. In fact, from year to year car drivers are increasing and your mobility continues to get denser. In order to protect vehicles from dangerous risks, having car insurance needs to be considered again.

So, what exactly does all risk car insurance mean? Let's see the discussion below.

Definition of All Risk Car Insurance

All risk car insurance is a service to protect a car from all risks of loss and damage. Such as natural disasters, accidents, damage due to riots or riots and when a car is lost due to theft.

As the name implies, everything that is at risk of endangering the car will be protected by this one insurance product. Another term for all risk car insurance is comprehensive or comprehensive car insurance.

The difference between TLO and All Risk Car Insurance

To make it easier for you to understand what all risk car insurance is, look carefully at the following points.

All Risk car insurance

• Premiums are more expensive than TLO insurance
• All types of damage are covered by the insurance, be it small or large damage. Example: theft, beret, dented, mired and others.
• Suitable for customers who have more budget
• Suitable for protecting new cars
• TLO car insurance
• Lower premium than all risk insurance
• Insurance claims can only be made when the repair value is at least 75% or more of the price of the car at that time
• Claim insurance when the vehicle is totally damaged.
• For example, a car is mired, theft, submerged in a flood until it cannot be used again and so on.
• The right choice for customers with a limited budget.
• Suitable if you live in an area prone to flooding and theft.
• Benefits of Having All Risk Car Insurance
• In accordance with the understanding of all risk car insurance above, the customer will receive full protection against all risks that can damage the car or when it is lost due to theft. Therefore, customers can drive safely and not have to worry about their vehicle.

All Risk Car Insurance Covers Anything?

1. Lightning strike and fire
2. All forms of criminal acts
3. Collision, accident, slip, overturn, crash or fall
4. Theft be it by force or not
5. Transport and crane costs to the nearest repair shop
6. Wheel damage caused by an accident
7. All risks and causes during crossing across the sea by ferry
8. Exceptions written on the all risk car insurance policy

All Risk Car Insurance Recommendations in Indonesia

Adira

Adira's all risk car insurance is divided into Autocillin Comprehensive Plus and Autocillin Comprehensive packages. Both cover not only loss and damage to the car, but also personal accident protection and third party legal liability.

Other interesting features consist of partner workshop support complete with a 6-month warranty in all areas of work, vehicle registration renewal service, warranty for authenticity of spare parts, emergency roadside assistance and many others.

ABDA

ABDA offers all risk car insurance that covers buses, goods vehicles and passenger vehicles in its entirety. The maximum vehicle value that he is responsible for is Rp. 1.5 billion with an annual premium model.

ABDA provides additional protection including risks from earthquakes, floods, terrorism, riots and sabotage. Official repair shops that are ready to handle customer car damage are widespread throughout Indonesia.

Allianz

Allianz has an all risk car insurance product that is hassle-free and provides the most complete protection, called Mobilku Grand. The best features are offered, such as 24-hour emergency assistance, compensation when the car is stolen by a private driver, taxi accommodation when a customer's car breaks down in the middle of the road and flood protection to water hammer.

Adira Insurance Syariah

This all risk car insurance is called Autocillin Ikhlas. This insurance product will protect and guarantee the customer's car according to Islamic law so that it does not contain elements of usury. You can get benefits such as free renewal of your vehicle registration, free of charge for transporting your vehicle to workshops and partner workshops that are widespread in Indonesia.

Avrist

Avrist offers a wider range of coverage objects, thus distinguishing it from other insurance companies. That is, Avrist's insured object also includes tourism vehicles, buses, motorbikes and motor vehicles transporting goods.

Yes, motorcycles will be covered by this insurance company as long as they are part of the car. Avrist even provides emergency towing services.

That is the meaning of all risk car insurance, the differences, benefits and the best product recommendations. Hope it is useful.