What are the must-have insurances for small cars?
4 Answers
National regulations require the purchase of compulsory traffic insurance for cars, while other insurances are optional. Small cars can purchase compulsory traffic insurance, third-party liability insurance, and vehicle damage insurance. Compulsory Traffic Insurance: The full name of compulsory traffic insurance is "Motor Vehicle Traffic Accident Liability Compulsory Insurance." It is a mandatory liability insurance where the insurance company compensates for personal injuries, deaths, or property losses of victims (excluding passengers of the insured vehicle and the insured) caused by road traffic accidents involving the insured vehicle, within the liability limits. Driving without compulsory traffic insurance is illegal. Third-Party Liability Insurance: This insurance is abbreviated as "third-party insurance." It refers to compensation provided by the insurance company when the car owner or an authorized qualified driver causes injury to a third party or damage to their property during the use of the vehicle in a traffic accident. Vehicle Damage Insurance: Vehicle damage insurance refers to compensation provided by the insurer according to the contract when the insured vehicle suffers losses due to natural disasters or accidents covered under the insurance policy.
Having driven a car for over a decade, I believe the must-have insurance is compulsory traffic insurance, which is mandated by the state—you can't drive without it, or you'll face fines if checked. It offers low coverage but ensures basic accident liability. Next, I strongly recommend third-party liability insurance, which covers damage to others' vehicles or injuries. In case you hit a luxury car or a pedestrian, it can help cover substantial compensation. A friend of mine tried to save on this and ended up paying over a hundred thousand. Vehicle damage insurance is also crucial, covering your own car's repair costs. Seat insurance protects the safety of drivers and passengers, especially when carrying family members. Don’t forget theft insurance—car theft is common in cities, and paying a bit extra brings peace of mind. Overall, buying a comprehensive package is the safest approach; don’t just opt for compulsory insurance to save money.
As an urban office worker, I believe the essential car insurance is compulsory traffic insurance, which is mandatory and covers basic accidents. Driving without it poses significant risks, and getting stopped by police for fines is troublesome. Additionally, commercial third-party liability insurance is highly recommended—opt for higher coverage to handle third-party losses. Vehicle damage insurance is very practical, ensuring no worries about repair costs if the car gets damaged. Seat insurance is also important, protecting both yourself and your passengers. To save money, you can skip theft insurance or glass insurance, but the core coverages shouldn’t be missed. I usually compare prices and buy bundled insurance through mobile apps—it saves time and hassle. Remember, insurance isn’t a burden; it’s a safeguard for driving.
As a housewife, I always worry about car safety. Compulsory traffic insurance is a legal requirement for small cars, so don't skimp on it. Make sure to get sufficient third-party liability insurance to cover losses for pedestrians or other vehicles; you wouldn't want to harm others and yourself by being unable to afford compensation in case of an accident. Additionally, it's best to add seat insurance to protect your children and husband when they're in the car. Vehicle damage insurance helps repair your own car, which is practical. I don't recommend buying only compulsory traffic insurance—paying out of pocket after an accident would be devastating. Purchase from a reputable company, keep the insurance policy safe, and a simple combination will do.
