Can I buy insurance for a new car by myself?
2 Answers
New car insurance can be purchased by yourself. The following insurances are required for a new car: Compulsory Traffic Insurance: Compulsory Traffic Insurance is a mandatory insurance in China that all vehicles must purchase. In the event of a traffic accident, the insurance company can only compensate the party that was hit, and without this insurance, the car cannot be driven on the road. Third-party Commercial Liability Insurance: The compensation amount of Compulsory Traffic Insurance is limited. Purchasing Third-party Insurance can cover the part that exceeds the compensation limit of Compulsory Traffic Insurance. In the event of a traffic accident, you can receive a more reasonable compensation. Vehicle Damage Insurance: Vehicle Damage Insurance has the broadest coverage. It covers damages from collisions and scratches. However, the compensation amount still depends on the cause of the incident.
When I bought my new car, I handled the insurance directly online. Using an insurance comparison platform, I quickly received quotes from multiple providers after entering my personal information and vehicle details. The result was nearly 20% cheaper than the dealer's bundled package—definitely worth the savings. Although it took some time to compare options like third-party liability or comprehensive coverage, the process was actually quite convenient, easily managed with a few taps on a mobile app. If I had let the dealer handle it, they often tack on unnecessary extra fees. I recommend starting your research about a week before picking up the car, choosing a company that offers thorough coverage like collision insurance. Overall, buying insurance yourself gives you control, long-term cost savings, and a seamless digital process that integrates smoothly with vehicle registration without any hassle. Just remember to ensure the policy's effective date aligns with your pickup day to avoid complications.
