Antique or Classic Car Insurance Reviews, Rules, and Requirements
Antique or classic car insurance reviews, rules, and requirements - The owner of the old car on average is a collector of antique cars that are very affectionate and caring with a vehicle. There is satisfaction for owners of these vehicles if could take care of him properly.
The amount is not much. Therefore, it is very important to register it to the insurance program. This is done as part of the concern would be that old car. Here are a few tips to note in selecting the proper old car insurance.
Let no one choose, here are some things to consider when choosing a car insurance old.
1. Understand the Protection of Comprehensive Insurance/All Risk
Although the cost of the premiums high enough, most of the customer likes to choose this type of insurance with guarantees part or all of the compensation for the damage to occur. For example when experiencing a crash on the highway were hit by natural disasters, fire, theft, or action events that other accidental.
2. Understand the Protection Insurance Total Loss Only (TLO)
This insurance can only do turn of the claim if the associated customer car suffered damage of over 75% due to natural disaster or other problems. If the damage is less than 75%, insurance providers pay no losses encountered and charged at the car has.
3. Compare some services from providers of insurance services
- Get the best insurance service provider by comparing it. To get it, consider a number of things here.
- Premium value that needs to be paid in comparison with the protection it receives.
- Advantages and disadvantages of this type of insurance to offer service providers and compared to the features and process claims.
- The number of customers and branches belonging to the service provider. More and more customers use the service and the number of branches means the insurance service company has a financial management and good service.
Note that the value of the premiums to be paid determined some things here.
1. The price of the car
The price of the car is directly proportional to the magnitude of the premium. That is, the higher the value of the car, the overall mandatory premiums paid per month is also increasingly expensive. If the insured car is an antique car, price premiums can be more expensive because the price of equipment or parts of the car are also scarce and expensive.
2. The year of the car
Car of the year is also directly proportional to the value of the premium. So, the old age of the car, the value of the premiums paid at the higher or the same interests of the customer.
3. Types of Plates
Car plates in accordance with the type of the region also have an effect on the magnitude of the premium due is related to the overall workshop that exists in the city where the license plate of the car came from.
The Stage Of The Old Car Insurance Filing
The stages in the filing used car insurance:
1. Estimate the market price when the insured party's 14 car insurance. This is different with the new car whose price has been fixed or are arguably based on the price of the purchase time On The Road (OTR)
2. The insurance will do the survey against the car to insurance to take the necessary risks that include physical survey including pre-existing damage alias checking car breakdown pre-existing 14
Once you know the stages, there are other things you need to know, too, that difference and protection from this type of insurance that you will choose.
Once you know the stages, there are other things you need to know, too, that difference and protection from this type of insurance that you will choose.