What kind of Car Insurance do I Need?

What kind of Car Insurance do I Need?

The need to buy a car will also increase because the transportation infrastructure in big cities is not increasingly feasible, both in terms of quality and quantity of service. Even so, many people don’t realize that besides buying a car there are things that can provide comfort, safety and maintain a car properly. Yes, this is car insurance.

Basically, car insurance offers a safe feeling in driving and helps us deal with unexpected expenses. Similar to health insurance, the way car insurance works and the rules of the game do not differ much. If health insurance or life insurance protects us, car insurance protects your favorite car.

Car insurance aims to protect the car from various unexpected dangers. Starting from loss, accidents, or things that trigger a loss to the car in question. Maybe you already know here what car insurance is and why it is important, but behind all that there are types of car insurance, you know. If you choose the wrong choice, you might lose in the future. So, so that later you won’t regret it, let’s see what car insurance is, and what are the differences and advantages.

What kind of Car Insurance do I Need?
What kind of Car Insurance do I Need?

All Risk (Comprehensive) and Total Loss Only (TLO) car insurance

There are two different kind of car insurance that you can get to protect your vehicle. The first is an overall risk or so called Comprehensive Insurance and a total loss or so called TLO (Total Loss Only) insurance. Both types of insurance both aim to protect cars, but in fact there are differences in the two types of insurance. What are the differences? Let us discuss in depth.

What kind of Car Insurance do I Need?
What kind of Car Insurance do I Need?

All Risk (Comprehensive) car insurance: All Risk or comprehensive car insurance functions to protect the car as a whole from various damages.

Total Loss Only (TLO) car insurance: Total Loss Only or TLO type car insurance, functions to provide protection for the car when the insured car is totally damaged

Can the two kinds of insurance be combined?

Yes, you can combine those two types of car insurance and pay them at once.

The difference between All Risk car insurance and TLO car insurance is the premium fee that must be paid. All Risk car insurance has a higher premium cost because when viewed from its function, it can provide a more comprehensive and comprehensive protection for your car. In contrast to TLO car insurance, which on average has a low premium cost.

From the comparison of the premiums that must be paid http://45.77.247.36, we can conclude that Total Loss Only car insurance is more appropriate for everyday use in the city. Meanwhile, TLO car insurance will be more appropriate for those of you who have high mobility between cities that have a higher accident rate. But it all comes down to you which car insurance is suitable and feels right to protect the car.