Know the types of Direct Auto Insurance for Beginner

Basically for a automobile, there are two types of direct auto insurance that is generally used on a automobile there are two: Total Lost and All Risk. But it's best to choose which type of insurance suitable for your automobile, then you should understand what kind of insurance that best suits both economically and functionally.

1. Total Lost
This means your direct auto insurance claim will be granted when it has occurred, the total damage that can not be recovered or exceeded 70% - in this case as if your bike is lost because it was stolen by thieves, burned, or destroyed so it can not be repaired, as a result of accident. Usually when you buy a new automobile pay in installments, then automatically you have to get automobile insurance Total Lost, from the credit agency you use.

2. All Risk
All risk insurance is direct auto insurance that will cover all kinds of automobiles both major damage to the minor damage. Users only pay insurance claims to get a replacement even though the damage on his automobile only minor damage. But to get a warranty insurance policy with All types of risk will usually be charged higher than the total lost insurance - usually charged 3x or 4x premium.