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Analysis of Procedures and Factors Causing Motor Vehicle Insurance Claims

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Analysis of Procedures and Factors Causing Motor Vehicle Insurance Claims


Stevanly Alvino Arya | Debrina Vita Ferezagia



Stevanly Alvino Arya | Debrina Vita Ferezagia "Analysis of Procedures and Factors Causing Motor Vehicle Insurance Claims" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-1, December 2020, pp.1482-1485, URL: https://www.ijtsrd.com/papers/ijtsrd38254.pdf

The purpose of this study is to determine in detail the analysis of motor vehicle claims procedures. Researchers also want to know about the factors that cause claims. The research method used by researchers is descriptive qualitative and quantitative. Researchers take and observe primary data directly in an insurance company in Indonesia. The analysis was carried out for 3 years, namely 2017, 2018, and 2019. Based on the results of the study, the claims procedure was carried out in several stages. These steps are a claim incident report, prepared documents, submission of documents to the claims department, document check, verification, survey, analysis, and claim settlement. The factors causing the most claims in 2017 were damage due own at 60%. in 2018 the cause of most claims was due to other damage by 50%. The same was true in 2019, namely due to own damage of 60%. Meanwhile, the claim fee that must be paid by the company in the last 3 years has reached Rp. 3,932,415,699.00.

motor vehicle insurance, claims, definitive loss advice


IJTSRD38254
Volume-5 | Issue-1, December 2020
1482-1485
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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