How to Choose Car Insurance

Currently there are many car insurance companies in Indonesia because car sales growth in Indonesia is arguably quite tempting the insurance business world. For that we need a way to choose a good and reliable car insurance .

We as a vehicle or car owner must be more careful in choosing which car insurance we will buy to protect our car. Come let’s look at what things need to be considered in how to choose car insurance.

What are the things to look for in choosing car insurance?

Here are the things you should pay attention to in choosing the right car insurance for your car:

  1. Adjust Your Needs To Your Needs
  2. Company Credibility
  3. 24-hour Call Center
  4. General Partner Workshop and Authorized workshop
  5. Company Service Features
  6. On Line Application
  7. The amount of insurance premiums
  8. Insurance company office network
  9. Insurance agent

1. Adjust Your Needs To Your Needs

There are 2 types of vehicle insurance that you can choose and consider, namely:

  • All Risk  or  Comprehensive Car 
    Insurance This insurance will guarantee almost all risks that may occur in your vehicle.
  • Total Loss Only  Car Insurance (TLO)
    This insurance will only guarantee vehicle damage that occurs above 75%, meaning that various accidents or minor damage will not be guaranteed by it.

Now if your vehicle is used daily for big cities like Jakarta, Bandung, Surabaya or even Medan, it is better to take All Risk or Comprehensive insurance because we know that there are currently a lot of vehicles on the road, starting from bicycles, tricycles, motorbikes , cars to trucks crowded the streets of big cities and added a lot of traffic awareness that was not good so that often we were in accordance with traffic rules and be careful but other people were not careful so that our cars were bumped.

For those of you who are looking for sharia-compliant car insurance, it can also be an alternative and here is the best auto refinance rates

2. Company Credibility

Lots of vehicle insurance companies are currently growing like mushrooms, they are racing to win a fortune in Indonesia’s automated world, which is growing better than countries around Asia.

Plus plus easy licensing to open a general insurance company in Indonesia. All investors are competing to establish a general insurance company to take advantage of the car insurance business cake in Indonesia.

Because more and more car insurance companies are just opening up and they are fighting over the car insurance market, many car insurance companies are sacrificing anything to reach as many clients as possible in various ways and also because they are competing with insurance companies that have been established for a long time. As a result they do not see what if many of their clients claim and stock up on their capital reserves to pay claims.

So one of the important points for taking car insurance is seeing

  • Is the company credible enough so far?
  • Is it enough bona fide for the company?
  • Is it supported by strong capital if there is a massive claim?

Adira Insurance is the best and largest general insurance company in Indonesia today and one of them is having capital above 5 T.

3. 24-hour Call Center

Vehicle insurance is very important to be supported by a 24-hour call center in handling claims or we have difficulties on the road to our car. We cannot rely on insurance agents to stand by 24 hours in the event of a claim for our car.

Remember that disaster cannot be predicted when it happens? Where did it happen? So 24-hour call center support for car insurance is very important.

4. General Partner Workshop and Authorized Workshop

Vehicle insurance in addition to supporting 24-hour call centers must also be supported by a network of insurance partner workshops spread across major cities in Indonesia as well as Authorized workshops in collaboration with the insurance company. More and more general partner workshops and authorized workshops working together with insurance companies indicate that the insurance company is in demand and recognized by many workshops.

And it can also be seen that many good workshops work together with the insurance company because not all workshops are easy to work with insurance companies because many insurance companies sometimes have difficulty paying claims to the workshop.

5. Company Service Features

Car insurance company service features also need to be considered not just a garage or call center. Because this service feature is provided free of charge to their clients who take car insurance.

For example, service features that are often provided are free cranes, emergency road assistants, etc. Now this is also an important thing to consider in how to choose car insurance.

6. Online Application

In meeting the developments in the era of digitalization, insurance companies should follow the development of this technology in providing its services.

Bona fide companies will keep abreast of technological developments and insurance companies that are not bona fide are very difficult to provide digital services because of constrained funds or limited capital owned to develop technology.

7. The amount of insurance premiums

To this day there are still many insurance companies that price wars to provide premiums as cheap as possible in order to attract many clients. Need to watch out for insurance companies that provide premiums cheaper than the usual premiums. Because currently the Financial Services Authority (FSA) provides a benchmark rate or car insurance premiums that apply to all car insurance companies.