Car Insurance Quote – Every prospective insurance buyer certainly expects cheap insurance premiums, including if you want to buy motor vehicle insurance. Cheap car insurance and easy claims are what prospective insurance buyers expect.
When we buy a new car in installments, it is usually included in the insurance. At least get TLO (Total Loss Only) facilities. And of course it will not be a hassle when processing claims because the data is in accordance with the owner. So what if you want to claim used car insurance?
In fact, there is almost no difference. But what you need to remember is about data. Suppose you buy a used car, especially with a continuous installment system.
Of course the car insurance concerned remains in the name of the previous owner. And when something happens to a car, and then you want to claim it, the process can be a little tricky. Or at least it takes time. Because the data does not match the new owner.
Therefore, after buying a used car and wishing to continue with an insurance policy, it is best that you all go behind the names. It’s not just about car papers. To make it easier later on.
Cheapest Car Insurance Quote
Pay attention to the age of the vehicle when you intend to buy insurance premiums. Insurance requirements for used cars are also not as easy as for new models. Service providers will generally limit the age of vehicles in a program. Sometimes the type of car is also a consideration, including its condition.
All risk insurance policies, for example, are rarely given to cars that are too old. The average is limited to a maximum of 9 years. Although it can be different for each provider. This of course can be justified because it relates to the availability of spare parts and other things.
Cheapest Car Insurance
Cheap car insurance generally provides unsatisfactory services, but currently insurance companies are having a hard time getting loyal customers, so there are many cheap insurances with maximum service.
General car insurance is different from private cars in general because public cars often have problems so that insurance claims are a little difficult.
Therefore, the average vehicle age which is somewhat loose is the TLO insurance facility, aka Total Loss Only. You can still find providers that limit the age of the vehicle to 15 years. Because the value of the calculation if something happens still has a clear parameter. In contrast to all risk insurance, the assessment is more complex.
The claim method is not much different from a new car. If you are a TLO policy holder, the conditions are the same. When a car is lost or stolen, it begins with a ticket from the relevant police station (TKP). Chronology also needs to be presented in writing in the report.
And don’t forget that documents such as identity card, driver’s license, and car license are required. And owned by the police. That’s why it’s important to reverse the name of the policy so it doesn’t bother you because of trivial things.
Meanwhile, if the policy holder is all risk, they also go through the same initial process. Including a police certificate if there is severe damage due to an accident. Chronology also needs to be included. In addition, damage photos must also be displayed in the application.
The best solution if you want to buy a used car with all risk insurance, choose a car that is still young. Don’t forget to choose a trusted used car seller or dealer like who has high standards in selling used cars to consumers.
The car is ensured that it has never collided, is free from flooding, has the original odometer, the validity and completeness of the documents are guaranteed, as well as the frame and engine number according to the vehicle documents.
For additional information, now also has the latest digital platform. You can check car stock or sell your used car online through this mo88i platform, because this is a digital platform that is managed directly.
If you buy a used car on credit, there are now special offers such as low installments and affordable down payments, plus a one million rupiah electronic money bonus and additional direct prizes.
For those of you who make purchases in cash, will provide additional free TLO insurance and if you want to upgrade from TLO insurance to All Risk, will provide a bonus car detailing voucher worth $ 50000. This promo is not only valid for cash purchases but also applies to credit purchases. Just choose which one suits your budget.
If you buy a used car, you can also take advantage of the credit simulation feature to be able to choose the purchase option according to your needs with low TDP or low installments. This feature is directly integrated with financing companies so that the credit application process is easier and faster.
Used Car Insurance
Of course necessary. The reason, used cars can not be separated from various damages. Not to mention, road accidents are inevitable and unpredictable. Therefore, it is also important to insure a used car.
For some used cars, the repair costs are quite expensive because of the limited number of spare parts and the complexity of dismantling the damaged parts.
Without insurance, the cost of repairing a car may be worth the price of the car when you bought it. In the end, you are stuck if you ignore used car insurance.
Tips for Choosing Used Car Insurance
Do not be careless in choosing insurance considering that every vehicle has different needs. Here are tips that you need to consider when choosing used car insurance, including:
Pay attention to the age of the vehicle
You need to pay attention to the age of the vehicle you want to insure. The insurance company can reject the application for a policy application if the age of the vehicle does not meet the predetermined criteria.
By knowing the age of the vehicle, you also know which insurance product is suitable. Vehicles under the age of 10 years, all risk insurance products are very appropriate because they are entitled to wider benefits. As for vehicles over 10 years old, you can see TLO insurance.
With the aim that in the event of severe damage, the insurance company does not need to repair the vehicle. It would be better if it was replaced with a new vehicle that cost the same or cheaper, which is important to be used for driving.
Even if it’s a used car, what’s wrong with extending insurance benefits. Especially if the car is in the old category, is in great demand, and has quite expensive repair costs. With comprehensive or all-in protection, the company will be responsible for the costs incurred in the event of damage.
The expansion of benefits will certainly increase the amount of premium you pay. However, with maximum benefits, it is natural to anticipate sudden damage.
When the time comes, you don’t have to think about the cost of repairing a used car. As long as the damage is recorded in the policy, most of the cost of repairing the car is borne by the insurance company concerned.
Change the name of the policy
Don’t forget to change the name of the insurance policy, especially if the car installments you bought have not been paid off. And here you are responsible for repayment as the asset has changed hands.
This policy name change is intended to make it easier for you when submitting a claim anywhere and anytime as long as you are close to the insurance partner workshop location, so you can get the best.
It can be said that not only property changes hands, but also vehicle insurance. Please wait for a few working days, then the owner’s name will automatically change to your name
Buy insurance or not, the decision is yours, so don’t rush when buying. You need to pay attention to the three points above to make sure the product you buy fits the needs of a used car.
Because, it’s no secret that the results of something done hastily are not good. Make sure this doesn’t happen to avoid canceling the policy even if the policy is still valid.
Having insurance helps reduce financial risks that may occur in the future. However, you need to evaluate your financial condition first to make sure your salary is sufficient or not when insurance payments are due.
If the payment is stuck, then the used car cannot get the maximum benefit. This benefit had to be postponed due to pending or unpaid obligations.
Finance is a crucial thing, so it must be maintained so as not to interfere with the smooth fulfillment of other life needs. Insurance is not a forced financial instrument, so you don’t have to force yourself to have it if you currently feel you can’t afford it financially.
Things Not Included in Used Car Insurance
Talking about insurance, of course there are some exceptions that are not covered by the company, including:
- The insurer does not provide the sum assured in the event of an accident to the driver (not the policy) or to a third party who is harmed
- Damage due to embezzlement
- Damaged if the car changes its function to another, for example a private car is used to transport goods
- Forced use
- If the car is damaged as a result of crossing the forbidden zone
By paying attention to these exceptions, the rejection when submitting a claim can be minimized. So, you do not feel harmed in the slightest by insurance.
You can use the new and used car insurance tips above in various countries such as the Netherlands, America, England, Australia, New Zealand, and Germany.