How and Terms and Conditions of All Risk Car Insurance Claim
Steps and Requirements for All Risk Car Insurance Claim
Then, how to claim all risk car insurance? Some people are hesitant to insure their car because they are afraid that it will be difficult when making a claim. Here are the steps to claim comprehensive car insurancethat you need to know.
a. Insurance Claim Requirements or Documents
Some of the documents required to make a comprehensive car
insurance claim include:
Original and photocopy of insurance policy
Photocopy of SIM and STNK
Proof of police report (in case of accident)
Complete claim form with signature
Listed order (in case of accident)
Some vehicle photos
Photocopy of ID card, SIM and STNK of the 3rd faction
A letter of claim for compensation from the 3rd faction
which is signed and affixed with stamp duty
A letter of acknowledgment that the 3rd faction does not
have motor vehicle insurance
Police information letter regarding the order of the
accident
b. Procedure for Insurance Claim
After fulfilling all the insurance requirements documents,
do the following comprehensive car insurance claim procedures:
After the documents are complete, visit the relation car
repair shop
If necessary, contact an insurance agent
Fill in the complete claim form
The workshop will confirm with the insurance
The car will be repaired immediately when verification is
received
Car Insurance Claim Length
How long does the car insurance claim process take? Usually,
the insurance claim process plus the manufacture of a workshop takes 3-5 days,
but it all depends on the number of claims that come into the workshop on a
daily basis. The less the number of claims, the faster the insurance claim
process will be.
Guide to Choose and Buy All Risk Car Insurance
1. Choose a Trustworthy and Most Trustworthy Insurance
Company
A trustworthy and most trusted company will provide optimal
service to its customers. In addition, buying insurance at the most trusted
company can immediately reduce the risk in the future.
2. Get to know the certainty of the policy well
Before actually buying a policy with a certain premium, make
sure you clearly know the contents of the policy. Some people feel cheated
through insurance products because they just don't understand the contents and
provisions of the policy.
3. See the budget and its compatibility with the benefits
sold
Paying attention to budget and compatibility with benefits
is important so that you don't regret it in the future. Do not let you feel if
the cost of insurance with the benefits obtained is not worth it.
4. Stay away from choosing products that don't back up all
types of risks
Safe insurance products, of course, back up all types of
risk. Therefore, make sure the product you buy really backs up all risks with a
reasonable budget.
5. Know What is Own Risk (OR) Cost
Own risk costs are costs that need to be guaranteed by
individual policy owners for certain risks. You need to know this fee and the
amount before actually signing the policy.
6. See Exceptions to Policies to be Agreed on
The policy will usually include an exception that contains
what risks are not covered by the insurance faction. Read it carefully and make
sure it is really as expected.
7. Determine the product with the most benefits for your
needs
Good insurance as insurance that suits your needs. Stay away
from buying insurance products that don't fit your needs because they lead to
futility. The cost for the vehicle you issue can also be excessive.
8. Determine Companies and Products that Cooperate with
Extensive Workshop Networks/Relations
You will have difficulty making a claim if the insurance
does not provide a workshop with an extensive network. The problem is the
presence of a widely spread relationship workshop is very important.
9. Determine Products with Easy Claim Process
Finally, choose an insurance product that has an easy claim
process. The easy claim process can save the energy and time you have.
So what are you waiting for? Immediately take care of your
beloved car through all risk car insurance products and taste various benefits
that are sure to make your life safer and more calm. If you are still unsure
what product is the most suitable for your needs, don't hesitate to contact the
team at this time, because only in the App you can get free discussions from
several experts.
Frequently Asked Questions About Car Insurance
Some people are not completely sure of insurance products, including car insurance. Because of that, there are various questions that are in the audience regarding car insurance, for example:
a. Is it car insurance?
Car insurance as insurance that provides protection for all
risks that occur in the car as long as it is used, such as accidents, loss, or
robbery.
b. What are the advantages of having car insurance?
The advantages of having car insurance include getting
overall benefits, being more comfortable and safe in driving, and getting
protection for the car you own. By having car insurance, you don't have to
worry about all the costs of compensation due to vehicle damage.
c. What are the institutions that provide the best car
insurance services for 2021 to 2021-2022 in Indonesia?
There are many insurance companies that provide the best car
insurance services and products in Indonesia, such as Axa Berdikari, Avrist,
Garda OTO, Jasindo, BCA Insurance, and many more.
d. Why should you buy car insurance online?
Buying car insurance online has more advantages, such as
being simpler and easier, safer, and can be done from anywhere and at any time.
You don't need to bother coming directly to the insurance office to register
and buy insurance products.
e. What are the requirements that need to be met in applying
for car insurance?
Some of the requirements for applying for car insurance include:
Have an ID card
Fill in the insurance application form
Have a car with an optimal age of ten years or according to
insurance provisions
f. Can I apply for car insurance if my car is old?
Yes, depending on the regulations of each insurance company.
g. What are the different types of car insurance in
Indonesia?
There are 2 types of car insurance in Indonesia, namely all
risk car insurance which provides overall protection and overall loss only car
insurance which provides protection in the event of car damage up to 75% of the
price of the car.
h. Can all risk and total loss only (TLO) car insurance
policies be combined?
Don't worry, you can combine all risk car insurance with
TLO. For example, when the car you want to insure has just left the showroom,
there is nothing wrong with buying an All Risk insurance policy in the first
and second years. After that, the car is insured through TLO products for the
3rd year and so on.
i. Are all risks covered by all risk car insurance?
All risk car insurance provides detailed protection for all
vehicle risks, unless there are exceptions that have been approved in the
policy.
j. Can I buy insurance for a second car?
Yes, car insurance backs up leftover cars with the condition
that they meet the optimal year limit for making the car.
k. What is Islamic car insurance?
Islamic car insurance as insurance that provides protection
for cars based on the concept of Islamic sharia. This insurance does not
contain elements of usury until it is in accordance with the Shari'a.
Glossary of Terms in Car Insurance
The term insurance is sometimes confusing for beginners.
Nach, here is a list of terms on insurance and their meanings.
1. Act of God
Act of God as a loss caused by natural disasters.
2. Comprehensive
Comprehensive as one type of car insurance that bears all
types of risks, starting from light damage, heavy, to loss.
3. Overall Loss Only
Overall Loss Only is a type of car insurance that provides
collateral for loss or damage to a car with a loss value of more than 75% of
the price of the car.
4. ERA
ERA or Emergency Road Assistance which is defined as a
service in an insurance policy that brings a mechanic to the place where the
vehicle is damaged.
5. Market price
The market price as the price from marketing the car when
marketed in the free market is obtained by the insured with the same brand,
type, location, and year of purchase before the risk, either loss or damage.
6. Motor vehicles
Motor vehicles are defined as all types and types of
vehicles as insurance objects.
7. Grace period
The grace period is defined as the period after the maturity
date, in this case the premium can be paid without incurring interest.
8. Waiting period
The waiting period is the period after the policy is issued
but the insurance does not cover all the costs of the insured until a certain
period of time.
9. Individual accident
Individual accident is defined as a loss that occurs to the
insured due to an accident, either in the form of death or permanent
disability. The amount of loss guaranteed by insurance depends on the agreed
policy.
10. Proposal
A proposal is defined as a group of information provided by
an insurance company regarding a policy.
11. Insurance policy
An insurance policy is a registered agreement that is agreed
upon by the insurance company and the policyholder and is binding in character.
12. Premium
Insurance premiums are the money that the policyholder has
to pay for the benefits provided by the insurance company.
13. Sum Insured
The sum insured is the price of buying a car when the
insurance policy is initiated, which is the maximum limit for the company to
bear losses for the risks that occur.
14. Insurer faction
The insurer is the person listed in the policy to pay some
of the premiums on the policy.
15. Insured faction
The insured faction is a person listed in the policy to
benefit from the policy.
That's a complete discussion about all risk car insurance
that you need to know. Nach, you can find various types of all risk car
insurance products through the App with attractive premiums