Owning a car is not just about style, but also responsibility. In addition to diligently servicing and maintaining the body to keep it shiny, there is one important thing that is often overlooked: car insurance. Yup, extra protection that can give you peace of mind when unexpected things happen, from minor scratches to loss.

In Indonesia, there are two most popular types of car insurance: All Risk and Total Loss Only (TLO). Both have different benefits and premium costs. Before rushing to sign a policy, it’s best to understand the differences first so you can choose according to your needs.

All Risk Car Insurance: Total Protection, Higher Premiums

All Risk insurance, also known as “comprehensive” insurance, is suitable for those who want peace of mind without worrying about repair costs. Minor scratches? Covered. Major damage? Covered. Even if the car is stolen? Still covered.

However, the premiums you have to pay are also higher. According to the OJK, All Risk premium rates range from 1.05%–4.20% of the car’s value per year, depending on the region and the vehicle’s value. For example, a car worth IDR 350 million in Jakarta could have a premium of around IDR 7.2 million per year.

Additionally, you can add extra protection by paying an additional premium. For example, coverage for floods, earthquakes, riots, and third-party liability. So it’s safer, but of course more expensive.

TLO Car Insurance: Affordable Premiums, But Only for Total Loss

While All Risk covers everything, TLO (Total Loss Only) only applies to severe damage of at least 75% or total loss. So if it’s just a scratch or a small dent, the claim won’t be paid out.

The advantage is that TLO premiums are much more affordable. The rate is only around 0.2%–0.78% of the car’s value per year. For example, a car worth IDR 130 million with a 0.5% premium would only require an annual payment of around IDR 750,000. That’s really affordable, isn’t it?

Example of a Quick Calculation

• A car worth Rp 250 million with All Risk (rate of 2.5%) → annual premium of Rp 6.25 million.
• A car worth Rp 180 million with TLO (rate of 0.8%) → annual premium of around Rp 1.44 million.

So it’s clear: All Risk provides comprehensive protection, but at a higher cost. Meanwhile, TLO is more budget-friendly, but limited to extreme conditions.  

So, Which One Should You Choose?  

• Choose All Risk if your car is relatively new, has a high value, or is frequently used on busy roads prone to accidents.
• Choose TLO if your car is more affordable, rarely used, or you just want extensive coverage with a lower premium.

For those still undecided, there’s also a combination option: use All Risk in the early years (when the car is still new and has high value), then switch to TLO after 2–3 years. Cost-effective yet still protected.

Conclusion

Both All Risk and TLO have their pros and cons. All Risk provides peace of mind against all risks, but the premium is more expensive. TLO is more cost-effective, but only covers severe damage and theft. So, the key lies in the vehicle’s value, usage patterns, and how much you’re willing to pay in premiums.

The bottom line: don’t just pick randomly. Tailor it to your needs so your car stays protected without breaking the bank.

Indonesia 🇮🇩

Tips Pilih Asuransi Mobil: All Risk atau TLO? Baca Dulu Perbedaannya

Punya mobil itu bukan sekadar soal gaya, tapi juga tanggung jawab. Selain rajin servis dan rawat bodi biar kinclong, ada satu hal penting yang sering dilupakan: asuransi mobil. Yup, perlindungan ekstra yang bisa bikin kepala adem saat terjadi hal-hal di luar dugaan, mulai dari lecet kecil sampai kehilangan.

Di Indonesia, ada dua jenis asuransi mobil yang paling populer: All Risk dan Total Loss Only (TLO). Keduanya punya manfaat dan biaya premi yang berbeda. Nah, sebelum buru-buru teken polis, ada baiknya kamu paham dulu bedanya biar bisa pilih sesuai kebutuhan.

Asuransi Mobil All Risk: Proteksi Total, Premi Lebih Mahal

Asuransi All Risk alias “comprehensive” cocok buat kamu yang pengin tenang tanpa mikirin biaya perbaikan. Lecet sedikit? Ditanggung. Kerusakan berat? Ditanggung. Hilang sekalipun? Tetap ada cover.

Tapi tentu, premi yang harus dibayar juga lebih tinggi. Menurut OJK, tarif premi All Risk ada di kisaran 1,05%–4,20% dari harga mobil per tahun, tergantung wilayah dan nilai kendaraan. Misalnya, mobil Rp 350 juta di Jakarta bisa kena premi sekitar Rp 7,2 juta setahun.

Selain itu, kamu bisa tambah perlindungan ekstra dengan bayar premi tambahan. Contohnya cover banjir, gempa bumi, kerusuhan, sampai tanggung jawab pihak ketiga. Jadi makin aman, tapi tentu lebih mahal.

Asuransi Mobil TLO: Premi Murah, Tapi Hanya untuk Kehilangan Total

Kalau All Risk serba nanggung, TLO (Total Loss Only) hanya berlaku untuk kerusakan parah minimal 75% atau kehilangan. Jadi kalau cuma lecet atau penyok sedikit, klaim nggak bisa cair.

Kelebihannya, premi TLO jauh lebih terjangkau. Tarifnya cuma sekitar 0,2%–0,78% dari harga mobil per tahun. Sebagai gambaran, mobil Rp 130 juta dengan premi 0,5% hanya perlu bayar sekitar Rp 750 ribu setahun. Murah banget, kan?

Contoh Perhitungan Singkat

• Mobil Rp 250 juta dengan All Risk (tarif 2,5%) → premi setahun Rp 6,25 juta.
• Mobil Rp 180 juta dengan TLO (tarif 0,8%) → premi setahun sekitar Rp 1,44 juta.

Jadi kelihatan jelas: All Risk kasih proteksi luas, tapi biayanya lebih tinggi. Sementara TLO lebih ramah dompet, tapi terbatas untuk kondisi ekstrem.

Lalu, Mana yang Sebaiknya Dipilih?

• Pilih All Risk kalau mobil kamu tergolong baru, harganya cukup tinggi, atau sering dipakai di jalur padat yang rawan kecelakaan.
• Pilih TLO kalau mobil harganya lebih terjangkau, jarang dipakai, atau kamu hanya ingin proteksi besar dengan premi ringan.

Buat yang masih galau, ada juga opsi kombinasi: pakai All Risk di tahun-tahun awal (saat mobil masih baru dan nilainya tinggi), lalu ganti ke TLO setelah 2–3 tahun. Hemat tapi tetap terlindungi.

Kesimpulan

Baik All Risk maupun TLO, keduanya punya kelebihan dan kekurangan. All Risk bikin tenang dari segala risiko, tapi premi lebih mahal. TLO lebih hemat, tapi cuma cover kerusakan parah dan kehilangan. Jadi, kuncinya ada di nilai kendaraan, gaya pemakaian, dan seberapa besar kamu mau bayar premi.

Intinya, jangan asal pilih. Sesuaikan dengan kebutuhan biar mobil tetap terlindungi tanpa bikin kantong jebol.