8 Best Car Insurance product criteria you need to know

Best Car Insurance product

Choosing car insurance is not an easy job. There are many things that must and are important to consider. Usually, people only see the price of the premium, but have you done the correct comparison? Example of insurance A offers $3.5 million per year and insurance B offers $4 million per year. Insurance B is more expensive than $50 because it provides protection against flooding, while insurance A does not provide flood protection. So what do you think is cheaper?

Here are 8 criteria you need to consider in choosing the best car insurance:

#1 Customize to your needs

The first thing you should prioritize is to adapt your needs to the existing product. What is the simplest thing if you need all risk or simply a total loss only protection? ALL risk, in general, provides more comprehensive protection compared to the total loss only, which only compensates if there is a car loss. But don't assume all risks with all the risks yes, because there are some risks that are not covered by all-risk insurance. If you still confuse the difference, try asking the vehicle insurance seller agent.

#2 ease of claim and technology

Before talking about pricing, choose a company that is easy to deal with claims. If you are a frequent traveler (e.g. business dealings), then choose a vehicle insurance company that has many branches and facilities of the online claim or known e-claim.

#3 Annual Premium Price

At this point please do a comparison of the annual premium price offered by the company that one with the other company. But keep in mind the number one rule is to buy a car insurance product that suits your needs. Do not buy just because of the premium price, because you will regret it later.

#4 Car Insurance Claim price

If you have never purchased car insurance, you may not be aware there is a fee to be paid to make a car insurance claim. The cost of car insurance claims ranged from $25  – $35  per part.

#5 Workshop Partners

An associate's workshop is one of the most important things you should consider. Make sure the insurance company has an associate workshop that is not too far away from where you live. As much as possible still in one city.

#6 Facilities

There are currently insurance companies that provide a free crane car facility. So if something happens to your vehicle in the middle of the road, you don't have to panic enough to contact an insurance company. Insurance companies will help facilitate the crane car. Car cranes may belong to an insurance company or an associate's workshop, which is important your car can be promptly handled properly.

#7 Facilities of car replacement

Do not forget to also ask the replacement car facility when you make an insurance claim. Usually, insurance companies will also offer substitute car facilities, as long as your car enters the workshop. Indeed this facility is not free, you need to add a fee. If you want to buy a replacement car facility, there is no harm in comparison with the rental car rental price. If the price of a substitute car facility is cheaper, why not?

#8 expansion protections Offered

You may not yet know the terms of expansion protection. In-vehicle insurance known terms of basic protection and expansion protection. Usually, if we buy car insurance, the package offered is basic protection.

Basic protection

These basic protections consist of a guarantee of compensation or repair costs for loss/damage in part or in total on vehicles that are directly caused by collisions, collisions, upside down, slip, mired, malicious deeds, theft, fire, or other traffic accidents. (referring to Indonesian motor vehicle insurance standard Policy – PSAKBI)

Expanded protection

Typhoons, floods, storms, hail, and landslides (Typhoon, Storm, Flood &). Insurance companies will provide guarantees of damages or costs of repairs to damage to vehicles caused directly by hurricanes, storms, hail, floods, puddles or landslides.

Earthquakes, tsunami, and volcanic eruptions. The insurance company will provide collateral damages or repair costs for damage to vehicles caused directly by earthquakes, tsunamis or volcanic eruptions.

Strike, Riot and Civil Commotion – (SRCC). Insurance companies will provide collateral damages or repair costs for damage to vehicles caused by riots, strikes, obstacle works, brawl, riots, people's generation or revolution.

Legal responsibility to third parties. The insurance company will pay the claim for indemnification of third party claims, which are directly caused by the vehicle being also insured.

Self-accident for drivers and passengers (Personal Accident/PA). The insurance company will pay the claim in the event of death, bodily injury resulting in permanent disability and or medical expenses to the driver and/or passenger in the vehicle that also insured in case of an accident

Remember you don't necessarily need all the expansion guarantees, choose the one that really suits your needs, for example:

If you live in a big city that is often flooded, an anarchist demo may take you to expand for flooding (number 1) and Huru Hara (number 3).

If you have not hesitated your health insurance is lacking, please consider self-accident insurance for drivers and passengers.

Buy best car insurance: Know your needs – Budget – buy the insurance and relax

So it can be concluded when you want to buy the best car insurance, first identify your needs. Do not buy just because good GA is the same selling or special offers (promo price). Buy car insurance that suits your needs, whether you buy TLO, All Risk or additional expansion guarantee.

Know your needs first, adjust it to your budget or money, buy your car insurance and you will be quieter. Good luck.