Online Calculator
Car Insurance Premium Calculator
Premium estimates based on official OJK rates. Free, fast, and accurate.
Car Premium Calculator
Premium estimate based on official OJK rates – Region 1 (Batam & Kepulauan Riau)
OJK rates for Sumatra including Batam, Bintan, Karimun
Enter OTR price or current market value of the vehicle
Want an official quote with competitive pricing? Contact Rio for a policy simulation from multiple leading insurance companies.
Request Official SimulationFrequently Asked Questions About Car Insurance Premiums in Batam
How much is All Risk car insurance premium in Batam?
Based on OJK Region 1 rates (Batam & Kepulauan Riau), All Risk premiums range from 2.08% to 3.82% of vehicle price per year. The higher the vehicle value, the lower the percentage rate. A car worth Rp 200 million is charged a rate of 2.67%, meaning a premium of approximately Rp 5.34 million per year.
How much is TLO car insurance premium in Batam?
TLO premiums in Region 1 range from 0.37% to 0.63% per year — far more affordable than All Risk. TLO only covers vehicle theft and total loss above 75% of unit value. Suitable for vehicles older than 5 years or those wanting basic protection with minimal premiums.
Do OJK rates apply the same in all Indonesian cities?
No. OJK divides Indonesia into 3 rating regions based on traffic risk levels. Batam is in Region 1 with Sumatra. Region 2 covers Java, Madura, and Bali with different rates. This calculator uses the official Region 1 rates applicable for vehicles registered in Batam and the surrounding Kepulauan Riau area.
Are electric vehicle (EV) premiums more expensive?
Yes. OJK mandates that electric vehicles use maximum rates, approximately 10% higher than conventional vehicles. This is because EV component repair costs — particularly batteries and electric motors — are far more expensive than conventional engine components. Own Risk for EVs is also set at Rp 500,000 per incident.
Does the calculator result include taxes and additional fees?
The calculator displays estimated base premiums based on OJK reference rates, excluding stamp duty, policy fees, and additional coverage extensions such as flood or third-party liability. The final premium is determined by the insurance company after underwriting. Contact Rio for an official quote that includes all cost components.