For rare natural disasters insurance will bear all the risks of natural disasters such as floods, volcanic eruptions, hurricanes, tsunamis, storms and earthquakes. But instead of none, there are also some insurance that will accept all the risks of natural disasters. If you choose a complete natural disaster then when the vehicle hit fallen trees or billboards falling due to strong winds or earthquakes will be replaced by the insurance.
Most insurers are only willing to accept the risk of flooding. If you are exposed to flood during highway, immediately turn off the engine and insurance phone to tow your car. Because if you force still running amid floods and water into the machine, usually the insurance does not want to replace the engine damage.
In principle of auto insurance comparative quotes, insurance is a risk transfer agreement between the owner of the object of the insured (insured) and the insurance company (the insurer) in accordance with the basic principles of insurance. In this case, you transfer the risk of loss that may occur to your vehicle to the insurer by paying a premium.
Determine the type of coverage according to your needs. Understand the policy (agreement) between you and the insurer. It is important to read what is included in the coverage and what conditions are excluded. It is important that you as a full holder of the control of your vehicle, still trying to maintain the safety of your vehicle.
Basically, vehicle coverage consists of 2 types of coverage, namely:
- Basic Cover. Basic type of coverage of the vehicle. This type of insurance is mandatory in every vehicle insurance policy. There are 2 basic coverage options namely Total Loss and All Risk (or Comprehensive)
- Extended Cover. Expansion of coverage. Such as Legal Responsibility to third parties, Personal Accident to drivers or passengers, Flood, coverage of flood risk, Riot, etc.