Jakarta, CNBC Indonesia – Artist Nova Eliza recently told how she lost tens of millions of Rupiah as a result of a motorbike theft (curanmor) at her own residence. The perpetrator is suspected to be a painter who worked at his house.
“The perpetrator is one person, he has been detained at the Pasar Minggu Police. “But we still haven’t found the motorbike, he said it had been sold and is currently in the hands of a fourth person, so it still hasn’t been found,” said Nova Eliza as quoted detikcom at the Trans TV Building, Jalan Captain P Tendean, South Jakarta, Tuesday (7/11/2023).
Reportedly, the perpetrator sold the motorbike for Rp. 1 million and until now Nova Eliza has not wanted to withdraw the report and wants to investigate it thoroughly.
As a result, Nova Eliza intends to install CCTV cameras and equipment to monitor her house to avoid similar incidents. Nova also admitted that the incident occurred when the driver and security officers were not there.
Learning from the Nova Eliza case, installing security devices such as CCTV cameras might be a solution to tighten home security. However, this is not the best solution and can protect you from financial risks due to theft of motor vehicles or other things.
Security devices will only delay the perpetrator from carrying out their action for a matter of time, and if the theft is successful you will still suffer losses. This loss is the same as losing the savings you have accumulated to buy that vehicle or asset.
The only way to mitigate this financial risk is to have motor vehicle insurance. The following are two types of vehicle insurance that are commonly available on the market.
All risk & TLO vehicle insurance
All risk vehicle insurance will cover all damage, starting from dents, scratches, or loss due to motor vehicle theft (theft).
Meanwhile, total loss only (TLO) only covers the risk of vehicle loss or damage with a value of 75% of the car price.
With the breadth of AllRisk vehicle insurance coverage, the premiums or contributions that customers must pay are also more expensive than TLO insurance.
However, not all risks can cover the risk of damage due to flooding. So that your insurance can cover this risk, an expansion of benefits is needed.
Buy vehicle insurance, don’t force it
Expenditures on routine service fees, annual taxes and insurance are a consequence of vehicle ownership. That is why, those who can afford it must be able to take good care of it and always be ready for the risks involved.
If all risk insurance is still too expensive, it is not wrong to buy TLO first. However, as a consequence, you have to set aside additional money to anticipate financial losses if a disaster strikes.
And also understand that protection for property can be purchased after you have strengthened protection for yourself and your family.
[Gambas:Video CNBC]
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