What are the main types of auto insurance to purchase?

[BellaAnn]

The main types of auto insurance to purchase are compulsory traffic insurance, third-party liability insurance, vehicle damage insurance, and no-deductible coverage. Compulsory Traffic Insurance: Compulsory traffic insurance, also known as mandatory insurance, is a legally required coverage. It insures against bodily injury or property damage to victims (excluding passengers in the insured vehicle and the policyholder) caused by the insured vehicle in a road traffic accident. Driving without compulsory insurance is illegal and carries legal liabilities. Third-Party Liability Insurance: Third-party liability insurance covers bodily injury or direct property damage to third parties caused by the insured or their permitted qualified driver while using the insured vehicle. It serves as a supplement to compulsory insurance, covering amounts that exceed the compensation limit of compulsory traffic insurance. Vehicle Damage Insurance: Vehicle damage insurance covers damage to the insured vehicle's body and its components resulting from accidents while the insured or their permitted driver is operating the vehicle. No-Deductible Coverage: No-deductible coverage is an add-on to commercial auto insurance and cannot be purchased separately. It must be obtained as an addition to a primary insurance policy (such as vehicle damage insurance or third-party liability insurance).

[Preston]

When I first bought my new car, I researched a lot about car insurance types. You must buy compulsory traffic insurance—it’s required by law, and skipping it is illegal and comes with fines. Among commercial insurances, vehicle damage insurance is especially important—if your car gets into an accident, it covers repair costs. Third-party liability insurance is also essential, and it’s best to choose a higher coverage, around 2 million, to protect against damaging others' property or injuring people. Passenger liability insurance is a good addition to protect yourself and passengers. I highly recommend getting a no-deductible insurance to avoid out-of-pocket expenses. You can also add theft insurance if you live in a high-crime area. Overall, don’t skip key coverages just to save money—safety first, as small expenses can prevent big losses. Remember to review policy changes before renewing each year, and it’s worth comparing prices online.

[OAlexis]

As a seasoned driver with over a decade of experience, I'll share some practical insights. Car insurance boils down to a few essentials: compulsory traffic insurance is the foundation and mandatory. For commercial insurance, start with vehicle damage insurance to protect your beloved car from dents that hurt your wallet; third-party liability insurance is crucial—don't skimp on coverage, starting at 3 million yuan is reliable, saving headaches in accidents; passenger liability insurance, though minor, is very useful for families; and the no-deductible clause is a must to avoid paying for minor incidents. Personally, I skip theft insurance because my neighborhood is safe. You might also consider water damage or glass insurance. The key is to tailor coverage to your daily driving habits—don't buy everything salespeople push, it's wasteful. Comparing different insurers can reveal cost-effective plans that save a lot.

[McLuke]

When using a car at home, prioritize the safety of the whole family. First, get compulsory traffic insurance—no one can avoid this. For commercial insurance, I value third-party liability insurance the most, ensuring adequate coverage in case of major accident liability; vehicle damage insurance protects your beloved car from destruction; passenger liability insurance covers all occupants; and no-deductible insurance ensures no out-of-pocket expenses for minor losses. As for theft insurance, I usually skip it to avoid unnecessary expenses. The key is to choose insurance based on risk: if you frequently drive on highways, increase the coverage for third-party liability. Always save wisely and regularly check your insurance policy to avoid expiration.

[LeJudah]

I'm the type of car owner who saves where possible, only opting for essential car insurance. Compulsory traffic insurance is a must without question. For commercial insurance, I only select key items: third-party liability coverage with a moderate and sufficient amount; vehicle damage insurance is cost-effective for repairing my own car; passenger liability insurance is added as needed; and no-deductible insurance is worthwhile. Others like theft insurance are skipped. Comparing prices and choosing the right company is key, saving hundreds a year. Be careful not to add unnecessary additional coverage unless driving in high-risk areas. Saving money doesn't mean compromising safety.

[MacEmilio]

Considering both legal requirements and personal car usage, I concluded: compulsory traffic insurance is mandatory for vehicle registration. For commercial insurance, choose the most practical options—third-party liability insurance for high compensation amounts; vehicle damage insurance to cover repair costs; passenger liability insurance to protect occupant safety; and no-deductible insurance to waive out-of-pocket expenses. Adjust the combination based on age and driving frequency—young or inexperienced drivers should opt for more coverage. Ensure comprehensive protection, conduct regular evaluations, and don’t overlook renewal details.