Can I Get Compensation Without Purchasing Vehicle Damage Insurance?
1 Answers
If you haven't purchased vehicle damage insurance, you cannot get compensation for your own car's damages. Compulsory traffic insurance and third-party liability insurance only cover damages to the other party involved in an accident. Only vehicle damage insurance provides compensation for your own vehicle's losses. The coverage of vehicle damage insurance includes the following: 1. Scope of protection: During the insurance period, if the insured or an authorized driver causes an accident or suffers from natural disasters (excluding earthquakes) while using the insured vehicle, the insurer will be responsible for compensation. However, if situations specified in the insurance contract occur, such as the insured or an authorized driver operating the vehicle without a license or under the influence of alcohol, the insurer may be exempt from liability. 2. Recommended groups for purchasing vehicle damage insurance: Novice drivers, new cars, and high-value vehicles: Novice drivers are more likely to be involved in accidents due to their lack of driving experience. Owners of new cars often want to protect their vehicles from significant damage in case of an accident, so purchasing vehicle damage insurance is advisable for both novice drivers and new car owners. High-value vehicles generally have higher repair costs compared to ordinary vehicles. To avoid unaffordable repair expenses in case of an accident, purchasing vehicle damage insurance helps mitigate this risk.
