Sahabat Insurance received award from the 25th Infobank Insurance Award 2024

Terakhir Diubah : 02:46:28 - Tuesday, 30 July 2024

Berita - Sahabat Insurance received award from the 25th Infobank Insurance Award 2024 - Sahabat Insurance | Solusi Lengkap Perlindungan Asuransi Anda


Sahabat Insurance received Excellence award from the prestigious the 25th Infobank Insurance Award 2024 in the General Insurance Category with Gross Premium IDR 500 Billion - < IDR 1 Trillion, on Friday, July 26 2024. This rating is based on the performance of these insurance companies as stated in the audited and published financial reports for the full working year 2023.

Sahabat Insurance has received an Excellent predicate according to the Infobank Awards for 4 consecutive years, in 2021, 2022, 2023 and 2024.

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Factors Affecting Your Car Insurance Premium

Type of Coverage and Insurance Extension
The premium amount will be influenced by the type of coverage and also the insurance extension you choose. Generally, there are two types of coverage that you need to know, Comprehensive and Total Loss Only (TLO). With different types of insurance coverage available, the resulting premium is going to be affected. A comprehensive package with numerous features will naturally cost more than a lower-tier option. The same goes for optional extras, should you wish to add them on to your existing policy.
When buying insurance, it's crucial to carefully consider the coverage limits and ensure they align with your potential risks and needs.

Vehicle Age
The age of a vehicle is a key factor in determining car insurance premiums, both for comprehensive and Total Loss Only (TLO) policies. The Financial Services Authority (OJK) regulates which vehicles are eligible for comprehensive and TLO insurance in Indonesia.

Location
Motor Vehicle Insurance premiums are indeed affected by the area where the vehicle is primarily used. Insurance companies assess risks based on location, with areas experiencing higher accident rates, theft, or severe weather events often resulting in higher premiums.

Vehicle Usage
Car insurance premiums are indeed calculated based on risk, and vehicle usage is a significant factor in determining that risk level. Cars used for different purposes, like private, official, or commercial use, have varying levels of risk, and this is reflected in the premiums charged by insurance companies.

Always double check every policy guarantee and insurance premium offer according to your needs. Contact Sahabat Insurance marketing team for more info via WA 021-50508080.