For the process of buying a car that is done on credit, insurance is usually included in one package in the credit process. So after the car loan system is paid off, simultaneously the insurance purchased is usually also due. The commonly asked question is, do we have to extend the vehicle insurance? For some people, buying car insurance may be seen as not important enough. However, there are many things that can be your consideration for continuing car insurance that has been paid off. Starting from the reasons for security of the home environment that is prone to theft, to the reason not to lose when the car is lost.
Understandably, the case of car disappearance has not occurred once or twice. Very often heard cases of car theft even when parking in front of the house. Or just because it was left for a moment to take a helmet inside the house. The thief of course never thought about whether the car he took had been paid off or was still in credit. Insuring a car, however, will eliminate your anxiety about various types of losses or loss of the vehicle. Insurance has provided protection against all kinds of risks that can occur at any time.
At present, there are many insurance companies that provide car insurance services. You only need to be careful in choosing the best and most appropriate for your needs. After all, a car is a high value asset that needs to be protected. When deciding to use a car insurance service, the first thing you have to do is know exactly what type of insurance your car needs. Adjust to the condition of the car as a whole, such as age, type, and economic value contained in it. Like car insurance, in car insurance there are also two types of protection.
First, Comprehensive Insurance: which guarantees almost all damage suffered by a vehicle. Both the risks that arise due to small and large accidents that occur in your vehicle. Second, Total Lost Only Insurance (TLO). This insurance will only protect the vehicle due to an accident that causes damage above 75 percent or the risk of losing the vehicle due to theft or embezzlement. Do a preliminary survey and understand the contents of the insurance policy correctly, so that you do not experience losses and can get the maximum benefit from the insurance you use.