Own Risk of Car Insurance, Turns Out It Costs This Much Guys!
When buying a new car, many people tend to overlook the importance of having car insurance. However, the reality is that car accidents can happen anytime and anywhere, and without insurance, car repairs can be very expensive. One of the most popular types of car insurance is Own Risk Car Insurance. However, how much do you have to spend to have this type of insurance?
Own Risk Car Insurance is a type of car insurance where the car owner bears part of the cost of car repairs in the event of an accident. For example, if you have an Own Risk of 2 million rupiah, and your car is damaged for 10 million rupiah in an accident, you have to pay 2 million rupiah from your own pocket, and the rest will be borne by the insurance company.
However, how much does Own Risk Car Insurance premium cost? Own Risk Car Insurance premium costs vary greatly depending on various factors, such as the type of car, the age of the driver, and the location of residence. For example, if you are a young driver and own an expensive sports car, your insurance premium will be higher than if you are an older driver and own a less expensive car. In addition, the location where you live also affects the cost of insurance premiums, because some areas are considered riskier than others.
However, to provide a rough idea of the cost of Own Risk Car Insurance premiums, here are some examples of premium costs for sedan type cars:
Own Risk Car Insurance is a type of car insurance where the car owner bears part of the cost of car repairs in the event of an accident. For example, if you have an Own Risk of 2 million rupiah, and your car is damaged for 10 million rupiah in an accident, you have to pay 2 million rupiah from your own pocket, and the rest will be borne by the insurance company.
However, how much does Own Risk Car Insurance premium cost? Own Risk Car Insurance premium costs vary greatly depending on various factors, such as the type of car, the age of the driver, and the location of residence. For example, if you are a young driver and own an expensive sports car, your insurance premium will be higher than if you are an older driver and own a less expensive car. In addition, the location where you live also affects the cost of insurance premiums, because some areas are considered riskier than others.
However, to provide a rough idea of the cost of Own Risk Car Insurance premiums, here are some examples of premium costs for sedan type cars:
- Own Risk 1 million rupiah: around 1.5 million - 2 million rupiah per year
- Own Risk 2 million rupiah: around 1 million - 1.5 million rupiah per year
- Own Risk 3 million rupiah: around 750 thousand - 1 million rupiah per year
Keep in mind that the cost of Own Risk Car Insurance premiums can vary depending on various factors, and the examples of premium costs above are only rough estimates. Therefore, you should do research and compare several insurance companies before buying car insurance. Thus, you can choose car insurance that suits your needs and budget.
Even though the cost of Own Risk Car Insurance premiums may seem expensive, it is important to remember that in the event of an accident, the cost of repairing a car can be much more expensive than the cost of insurance premiums. By having car insurance, you can feel calm and protected in the event of an accident or car damage.
Apart from that, there are several other things to consider when choosing Own Risk Car Insurance. First, be sure to check whether the car insurance you choose covers various types of accidents, such as accidents with other vehicles, single accidents, or fires. Second, also pay attention to the availability of partner workshops from the insurance company. If the partner repair shop is easy to reach and reliable, you can speed up your car repair process.
In addition, be sure to clearly understand how insurance claims are made in the event of an accident. Some insurance companies may have complicated claim processes or require many requirements, so it is important to choose an insurance company that has an easy and transparent claim process.
Finally, keep in mind that Own Risk Car Insurance is not the only car insurance option available. You can also choose other types of car insurance, such as All Risk Car Insurance or TLO Car Insurance. All Risk Car Insurance offers more comprehensive protection, including accidents, theft, and damage from natural disasters, but insurance premiums are also more expensive. Meanwhile, TLO Car Insurance only offers protection against damage due to accidents with other vehicles, but insurance premiums are more affordable.
In conclusion, Own Risk Car Insurance is a type of car insurance that offers protection against car damage due to accidents, with premium costs that vary depending on various factors. However, before choosing Own Risk Car Insurance, be sure to compare several insurance companies, considering important factors such as the types of accidents covered, the availability of partner repair shops, and the easy claim process. By having car insurance that suits your needs and budget, you can feel calm and protected in the event of an accident or car damage.
