Our public awareness of possible risks on the road can be considered high. This is seen from the number of car insurance policies offered in Indonesia. This is reasonable because if you see the risks, many accidents that occur on the highway, especially in big cities like Jakarta. For those who want to buy a car insurance policy, it may be confused with the choice of All Risk car insurance or car insurance with Total Loss Only. Let alone cheapest car insurance general that people know.
For that, car owners need to know the difference between All Risk and Total Loss Only car insurance, what’s covered and how to calculate the premium.
International Safety has noted, traffic accidents became the third largest killer in Indonesia, after coronary heart disease and tuberculosis. According to National Traffic data, there were 100,000 cases in 2016. Human negligence is a major factor in the occurrence of accidents. Understandably, this factor not only comes from us but also others. On the streets, the negligence of others can be bad for us. Even if someone has been driving in an orderly manner, he or she may become a victim because of inconsiderate riders.
The risk of injury and death can be reduced by improving safety, but the risk of damaged vehicles is often unavoidable, either mild or severe damage. This is what makes our vehicle, in this case the car, needs to be insured. Moreover, it takes a lot of money even if the damage is only a blister in the car.
Accidents are not the only reason. Robbery and vehicle theft are increasing every day. Not only in big cities, are small and quiet places very often the target of crime. The risk of loss of vehicles continues to increase. Therefore, it is very logical if someone decides to insure his car.