The Difference Between Having and Not Having Vehicle Damage Insurance

1 Answers
LucyLynn
07/29/25 10:02pm
The difference between purchasing and not purchasing vehicle damage insurance lies in the coverage provided. If you buy vehicle damage insurance, the insurance company will compensate for the vehicle's losses caused by traffic accidents within the agreed scope. Without this insurance, the vehicle owner must bear all repair costs resulting from accidents. Besides covering vehicle damage, the vehicle damage insurance also includes protection against theft, engine water damage, spontaneous combustion, glass breakage, no deductible, inability to find a third party, and designated repair shop coverage. Vehicle damage insurance encompasses a wide range of coverages, including vehicle loss insurance, theft insurance, spontaneous combustion insurance, engine water damage insurance, glass insurance, inability to find a third-party insurance, and no deductible insurance. This means that previously optional no-deductible coverages are now only available as part of a bundled package, which is beneficial as it reduces many unnecessary disputes. When purchasing auto insurance, you can decide whether to include vehicle damage insurance based on your needs. However, it's important to understand that vehicle damage insurance protects your own vehicle. Therefore, if you don't purchase this insurance, you will be responsible for all repair costs after any damage occurs to your vehicle.
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