Want Car Covered Insurance When Flooding, Peek Additional Costs

Want Car Covered Insurance When Flooding, Peek Additional Costs

When floods occur, vehicle insurance is able to ease the burden of loss in the event of damage or loss.

However, the expansion of insurance needs to be done by vehicle owners if their favorite cars want to get protection from disasters, such as floods.

“The name is extended collateral, because the standard for comprehensive insurance and TLO is not covered . Customers can ask for an extension or endorsement to the insurance. Some insurance companies have bundled the policy including this extension,” said Communication & Event Manager of PT Asuransi Astra Buana (Garda Oto ), Laurentius Iwan Pranoto to Liputan6.com , Monday (1/6/2020).

When alluding to the expansion costs that need to be incurred, Iwan stressed the vehicle owner only needs to add 0.3 percent of the price of coverage.

“Make sure and check again the coverage if it includes expansion of natural disaster insurance. If you want to add approximately 0.3 percent of the price of coverage ,” he said.

The owner does not need to worry
In addition, Iwan emphasized that the owner of the vehicle did not have to dismantle his vehicle or attempt to repair it in the event of a flood damage.

“If there is coverage , submerged cars don’t have to try to be mechanical because they can get worse. After all, insurance is covered too. Just call insurance for claims and the car is carried to the garage,” he said.

Search for Vehicle Insurance, Consider These Five Important Things

Search for Vehicle Insurance, Consider These Five Important Things

The type of insurance must be considered first before finally deciding what type is appropriate and as needed. One type of insurance that is widely used today is all risk and total loss only (TLO).

In addition to guaranteeing all damages that occur to the car, the owner of all risk insurance can also make claims even though the vehicle is only experiencing scratches.

This is different from TLO insurance which only provides protection when the car is heavily damaged or stolen.

In addition to these considerations, here are five things to consider before choosing insurance as reported by the Oto Guard.

Calculate the Benefits Obtained

Compare in advance the amount of the premium and the benefits to be obtained. Do not let the owner make a wrong calculation.

Pay Attention to Costs Not Covered

Before choosing insurance, vehicle owners must be really careful and understand the terms and conditions of the insurance company.

One of them, bear the damage to the car. Understand what are the costs that are not protected by the insurance, so that no loss.

Choose a Trusted Insurance Company
At present, there are many companies that already sell car insurance. Therefore, car owners need to be selective in choosing insurance companies, such as choosing a company that has been recognized by the OJK.

Note the condition of the car before registering

Before applying for insurance, first consider the condition of the car, whether there is damage or not. The insurance company has the right to refuse damage if it is outside the insurance policy agreement.

Choose a Car That Does Not Exceed the Budget

The amount of premium paid is influenced by the price of the car on the market. Each car has a different insurance rate based on the type of car, year of output and car plates.

By choosing a car that has a price that is not too high, then the premium paid is not too large.