How to Compensate for Hitting Someone Else's Car with Only Compulsory Traffic Insurance?
2 Answers
If you have only purchased compulsory traffic insurance and hit someone else's car, the compensation method is as follows: The insurance company of the compulsory traffic insurance will compensate for the other party's car, but your own car, passengers, and the owner will not be covered by the insurance. If the insured person causes a traffic accident resulting in the death of the other party or personal injury, the insured must bear and compensate for the losses themselves. When the insured, while using the insured vehicle, causes an accident leading to personal injury, death, or property loss to the victim, and is legally liable for the damages, the insurer will compensate within the following limits for each accident as stipulated in the compulsory traffic insurance contract: 1. The death and disability compensation limit is 110,000 yuan; 2. The medical expenses compensation limit is 10,000 yuan; 3. The property loss compensation limit is 2,000 yuan; 4. If the insured is not at fault, the no-fault death and disability compensation limit is 11,000 yuan, the no-fault medical expenses compensation limit is 1,000 yuan, and the no-fault property loss compensation limit is 100 yuan.
I'm a new driver who just got my license and only bought compulsory insurance before hitting the road. Last month, while making a turn in my neighborhood, I knocked off someone's side mirror, and the repair cost over 3,000 yuan. I panicked and immediately called the police and my insurance company. The traffic police ruled me fully at fault, and the insurer said the compulsory insurance only covers up to 2,000 yuan for property damage—the rest came out of my own pocket, which I transferred to the car owner. The whole process was quite exhausting. It took several days for the insurance company to handle it, and it delayed the other party's car use. This was a hard lesson—relying solely on compulsory insurance is far from enough to cover costs. It would have been worse if I'd hit a luxury car. I immediately topped up my third-party liability insurance to 500,000 yuan. When compensating, it's important to communicate more to ease the other party's emotions and avoid escalating conflicts. Driving really requires extra caution.
