Motor vehicle insurance is insurance that can take all types of motor vehicles, including car insurance and motor insurance. The following is a description of motor vehicle insurance:
1. ANYTHING CAN BE INSURED?
Two-wheeled motor vehicles (motorcycles, scooters and the like) four or more wheeled vehicles (sedans, jeeps, trucks, minibus) including accessories or additional equipment attached to the vehicle.
2. What are the RISKS GUARANTEED?
In accordance with Standard motor insurance Policy issued by Indonesia Insurance Council of Indonesia, this insurance policy losses or damage to motor vehicles caused among other things by:
a. collision, collision, reversed and slipped or crashed
b. the evil deeds of others
c. Theft including theft that is preceded or accompanied by violence or the threat of
d. Fire due to lightning strikes
e. damage during vehicle in crossing using a ferry run by the Directorate General of Land Transportation
f. cost of crane
Motor vehicle insurance policy also ensures risk responsibility to sue (legal liability of the insured to the third party) where third party suffered losses that are directly caused by a motor vehicle that is insured by the terms have got written consent from penangggung. The losses experienced by third parties can be a property damage or injury to the body or death. In this risk also includes the risk of responsibility on covered are fees or the cost of the expert assistance that was approved earlier by the insurance.
3. Is THERE a RISK that is NOT GUARANTEED?
Risks that are not guaranteed to be written clearly in the terms that are in the policy, among other things:
1. Loss of profits for the vehicle can not be used due to accidents
2. Loss due to embezzlement
3. Loss of or damage to ancillary equipment or non standard that is not mentioned in the overview of the polis
4. Due to the evil deeds committed by the insured or the insured's family
5. Vehicles used for practice driving, racing, campaign/Carnival, criminal
6. Excess charge
7. The driver does not have a DRIVER'S LICENSE or violate traffic rules
8. Freight charge in the vehicle
9. Due to natural disasters or wars and the like
4. What FACTORS AFFECT the PREMIUM TRIBE?
When spelled out of two types i.e. closure or extensive warranties, insurance of motor vehicles has two types of closure, that is no guarantee of Total loss or Total Loss Only, and comprehensive warranties.
Guarantee of Total loss (All Risk) is a type of insurance that took away the vehicle is lost or stolen-vehicle accident which cost the fix is estimated to be at least 75 percent of the price of the vehicle.
Comprehensive guarantee can be said to be almost similar to guarantee Total loss only no minimum estimate repair costs.
There are several factors that affect the magnitude of the premium, for example:
1. The type of the selected assurance (comprehensive or total loss)