How to Purchase Vehicle Damage Insurance?
3 Answers
You can visit the official website of the insurance company, consult knowledgeable people around you, or ask relatives before purchasing at an offline business outlet. You can also purchase it directly at the 4S store when buying the car.
Last time when getting my car repaired, I overheard the mechanic mentioning that when buying car insurance, it's essential to first understand the car's value and brand characteristics. For instance, parts for BBA (BMW, Benz, Audi) are more expensive, leading to higher premiums. It's advisable for beginners to directly visit large insurance company branches, as their systems can calculate prices in real-time. Owners of older cars should pay attention to whether the insurance company's depreciation calculation method for older vehicles is reasonable. Comparing prices via mobile apps is convenient, but it's crucial to read the terms carefully, such as additional coverage needed for water damage during heavy rains. When purchasing insurance, make sure to take comprehensive photos of the entire car for records to avoid disputes during claims. Also, remember to compare the gifts offered through different channels; some provide more practical benefits like maintenance service vouchers at 4S shops.
Here's how I purchase auto body insurance: First, check the parts-to-labor ratio of your vehicle model (publicly available data online). A higher parts-to-labor ratio naturally leads to more expensive premiums. When renewing, pay special attention to how past claim records affect discounts. If you haven't filed any claims in three years, opt for companies offering significant rate discounts. The deductible amount is directly linked to the premium—frequent long-distance drivers should consider lowering it. Always confirm during enrollment whether the coverage amount is calculated based on current market value; insuring a used car at new car prices is disadvantageous. Among the additional coverages, I recommend adding the 'unidentified third party' special clause—it's quite practical. Request quotes from multiple insurance brokers for more transparent comparisons.
