Comprehensive Auto insurance For Your Favorite Vehicle

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Is your favorite vehicle ever experienced as a picture on the side?. Why do we need insurance? Insurance has major benefits are insured financial position back to the time before there is a loss. But other than that, insurance can also reduce the risk of uncertainty, can reduce the losses due to the financial burden that comes suddenly, giving the feeling of security, and many other benefits. Having valuables should already have insurance to weigh the risk of damage, especially to the vehicle. Cars is a vehicle which has become a lifestyle and mobility activities for you, it helps you have a favorite car values ​​in case of calamities that befall him. And it would be nice to make insurance. Insurance is at select favorite car to be very safety and responsibility.

Auto insurance is indeed very necessary precaution if car trouble, suffering a loss or accident. Under the conditions of the coverage, insurance is divided into two parts, the first Total Loss Only (TLO) and the second a comprehensive or all-risk. For TLO, insurance risk guarantee total loss accident or repair costs reached 75 %.

In addition, the loss due to theft and embezzlement is not stolen or total loss is also dependent on the type of insurance TLO. TLO has a low insurance premium of about 1 % of the price of the car. However, this type of insurance will not bear the risk if the damage below the 75 %.

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The second offers a comprehensive or all-risk will bear the total destruction or total loss and partial damage or partial loss . But keep in mind , insurers have certain limitations to bear the damage.

For instance, the damage caused by floods , hurricanes or earthquakes, unless you do an extension agreement with the insurance dependents. For premium, it is more expensive at around 3 %, but it seems worth the maximum protection for consumers.