All Risk vehicle insurance: definition, scope of protection and advantages

Maswisnu.com - Increasingly affordable car prices and people's demands for easy access and mobility mean that cars are no longer a luxury or tertiary need. In fact, now having a four-wheeled vehicle can be said to be a primary need. This is why it is very important for you to provide additional protection for your vehicle from various unwanted things, of course by registering with insurance.

All Risk vehicle insurance: definition, scope of protection and advantages

The best car insurance is now very diverse and you can choose according to your needs. In general, there are two types of car insurance, namely all risk or comprehensive and Total Loss Only or TLO. If you look at the price, all risk insurance has a higher premium cost compared to TLO. Of course, all risk insurance is the recommended choice.

What is All Risk Insurance ?

As the name suggests, all risk insurance is a type of vehicle insurance that guarantees protection for your car from all forms of risks that could occur. This includes natural disasters, accidents, damage due to riots, to loss or theft.

Not only that, this type of insurance also provides protection for your vehicle from minor accidents to serious accidents. This guarantee is what makes comprehensive insurance chosen by many four-wheeled vehicle owners.

Scope of All Risk Insurance Protection

It is true, the premium cost for all risk type vehicle insurance can be said to be higher. However, this is certainly commensurate with the various benefits provided, right? So, regarding this matter, what is the actual scope of protection that this insurance has? Here are some of them:

● Cars that have been involved in collisions, accidents, collisions, falls, skids and overturned.

● The car was damaged due to someone else's actions.

● The car was stolen by an irresponsible person.

● The car was damaged due to being struck by lightning or fire.

● The car was damaged while crossing the sea using a ferry.

● Car wheel parts are damaged due to an accident.

● Transport or towing services to the nearest car repair shop.

Benefits of Choosing All Risk Insurance for Cars

So, what benefits can you get by choosing all risk insurance as the best car insurance?

Full Car Protection

You don't need to worry about the large costs you will incur when your vehicle is damaged. The reason is, comprehensive insurance covers all damage to your four-wheeled vehicle in total. Unlike TLO insurance, which only provides guarantees when the car suffers more serious damage.

Wide Scope of Benefits

Not only that, comprehensive insurance also offers a wider scope of benefits. The scope of this protection includes if the vehicle is damaged due to riots, natural disasters, and even guarantees protection for third parties if an accident involves other road users.

Increase Calm and Sense of Security

Because it provides protection for all forms of risk on vehicles, using all risk insurance will certainly make you calmer, safer and more comfortable when driving. No longer need to worry if something undesirable happens to your vehicle, especially about the cost.

Expanding the Benefits of All Risk Insurance

If you decide to buy all risk insurance for your vehicle, you have the opportunity to expand the scope of benefits of this insurance. The following is the scope of the expansion in question:

Landslides, Hail, Storms, Floods, and Typhoons

All forms of unexpected natural disasters, such as hurricanes, hail, landslides, storms and floods can cause damage to vehicles at any time. In fact, the damage caused can be serious enough that you have to dig deep into your pockets to repair it.

This is why it is recommended that you participate in a comprehensive insurance program. You can expand your vehicle's protection coverage from various natural disaster threats. Especially if you live in an area that is prone to flooding.

Volcanic Eruptions, Tsunamis and Earthquakes

Other natural disasters such as tsunamis, earthquakes and volcanic eruptions can also cause serious car damage. However, you don't need to worry if you choose comprehensive insurance because it can extend your car's protection from natural disasters.

Riots, Sabotage, Terrorism and Riots

Riots or riots carried out by people on the streets sometimes no longer care whose vehicle they damage. It's not impossible that your car was the target, and you can't possibly sue that party for compensation, right?

Not only that, you can also feel the benefits of this expansion when your vehicle becomes a victim of sabotage or terrorism. This is why it is very important to choose an insurance benefit extension that provides coverage for riots and civil commotion.

Accident to Yourself

Choosing an extended all risk insurance service for personal accidents can help protect you and your passengers from the risk of vehicle accidents. This includes the body experiencing injuries or even disability to all the medical costs you incur until it is fully recovered.

So, the premium costs for comprehensive insurance are not the same. This depends on the insurance company you choose, your vehicle type and area of residence, and the benefits you choose. If you are looking for the best car insurance, the choices are of course very diverse. One of them that is recommended for you is Traveloka Lifestyle SuperApp. So, make sure you choose car insurance correctly and according to your needs