The insurance company will offer two types of car insurance that you can choose before you decide to buy it. Each type of insurance is called car insurance TLO and All Risk. So, before you choose which type of insurance you will use, you need to know in advance what is meant by the policy along with the coverage offered.
TLO, All Risk, and Comprehensive Insurance
TLO car insurance stands for Total Loss Only. Based on the name, at first glance, you may have guessed about how the work of this type of insurance.
This insurance has the primary objective of providing risk coverage to the “total” level or a car with a truly severely damaged condition, with an important note where the extent of the damage must exceed 75 percent if you want to get insurance coverage.
In addition to such damages, TLO can also provide coverage for car loss case. Meanwhile, All Risk car insurance can provide coverage for any type of risk that occurs in your car, although of course, this