Is it necessary to buy insurance at a 4S store when purchasing a car?
3 Answers
It is not mandatory to buy insurance at a 4S store when purchasing a car. Car owners can compare multiple insurance companies to choose a more favorable and suitable insurance plan. Note that vehicles purchased in full only require compulsory traffic insurance (CTPL), while commercial insurance can be decided based on the owner's personal circumstances. For vehicles purchased with a loan, in addition to CTPL, commercial insurance such as third-party liability insurance, vehicle theft insurance, and no-deductible insurance must also be purchased. Documents required for purchasing insurance: When applying for car insurance, you need to bring the owner's ID card, purchase receipt, vehicle certification, etc. Introduction to car insurance: Compulsory traffic insurance (CTPL), vehicle damage insurance, third-party liability insurance, theft insurance, scratch insurance, spontaneous combustion insurance, no-deductible insurance, etc.
When buying a new car, 4S shops always recommend purchasing insurance from them, claiming it's convenient and hassle-free. I was also persuaded when I first got my car. However, after researching at home, I found this isn't mandatory. I got a quote from an insurance company myself and discovered the same coverage was hundreds cheaper, with more options available, such as adding third-party liability or discounted repair shops. 4S shop insurance might bundle additional service fees, and while accident handling seems faster, it can actually be more troublesome if you need repairs elsewhere. As a beginner, I suggest not rushing to sign the contract. Check online reviews or consult friends to ensure you save money and have peace of mind, as car maintenance costs are no small expense.
Having owned a car for over a decade, my experience shows there are no mandatory rules about buying insurance from 4S shops. They promote one-stop services during sales pitches, but premiums are often higher and may conceal handling fees. After comparing several major insurers, I found purchasing directly saves more, especially during discount seasons with over 10% savings. An added benefit is the freedom to customize coverage, unlike restrictive 4S shop packages. Remember, as the car owner, you have the right to choose—don't be swayed by sales tactics. Saving money is key, especially for big-ticket purchases.
