Motor Vehicle

Motor vehicle insurance is financial protection for vehicle loss/damage due to accidents, theft, or natural disasters, with the main types being All Risk (Comprehensive) (complete protection) and Total Loss Only (TLO) (only total loss/loss of 75% or more). Coverage can be expanded with Third Party Liability (TJH), driver/passenger personal accidents, and natural disasters, and will be mandatory in Indonesia for TPL starting in 2025.

Main Types of Protection :

• All Risk (Comprehensive): Perlindungan paling lengkap, mencakup kerusakan ringan, berat, hingga kehilangan kendaraan.
• Total Loss Only (TLO): Only covers damage amounting to 75% or more of the vehicle's value, or if the vehicle is lost or stolen.
• Third Party Liability (TPL): Covering damages you cause to others (other vehicles, pedestrians, etc.)