What are the three must-have insurances for a car?

[StBryce]

The must-have insurances for a car include: compulsory traffic insurance, third-party liability insurance, vehicle damage insurance, and passenger liability insurance. These are essential coverages. Compulsory traffic insurance is a mandatory insurance in China, and all vehicles must purchase this coverage. In the event of a traffic accident, the insurance company can only compensate the party that was hit, meaning the conditions for compensation are quite limited. Additionally, without compulsory traffic insurance, the vehicle will lose its eligibility for annual inspection. Therefore, compulsory traffic insurance is a must. Vehicle damage insurance is the most comprehensive necessary coverage. Whether the car suffers from collisions, scratches, water damage, or other harm, the insurance company will provide compensation. However, the final compensation amount depends on various factors such as the cause of the incident and the extent of the damage. Passenger liability insurance, also known as seat insurance, refers to the passenger portion of the vehicle's liability insurance. It covers situations where a qualified driver permitted by the policyholder causes an accident while using the insured vehicle, resulting in bodily injury or death to passengers inside the vehicle. The insurance company will compensate according to the insurance contract for the legal liability the policyholder must bear. Passenger liability insurance is a major component of commercial vehicle insurance, primarily functioning to compensate for injuries or deaths of passengers caused by traffic accidents.

[DeJordan]

I've been driving for over twenty years, and based on my experience, the three must-have car insurances are compulsory traffic insurance, third-party liability insurance, and vehicle damage insurance. Compulsory traffic insurance is government-mandated; without it, you can't get your car licensed, and parking violations are strictly monitored. For third-party liability insurance, the higher the coverage, the better—I recommend starting at one million. In cities, there are many luxury cars and reckless pedestrians; a minor collision could lead to bankruptcy if you can't afford the compensation. Last year, I saw a friend who didn’t have third-party insurance crash into a Maserati—he drained his savings and still ended up in debt. Vehicle damage insurance protects your own car, making repairs hassle-free and cost-effective, especially for new cars prone to scratches and needing maintenance. An additional suggestion is to add passenger insurance for safer family trips. Premiums are calculated based on the car’s value—a few thousand a year buys peace of mind and is worth it. Renew on time without delay.

[Geraldine]

As a young office worker who just bought a car two years ago with a limited budget but thorough research, the three must-have car insurances are compulsory traffic insurance, third-party liability insurance, and passenger liability insurance. Compulsory traffic insurance is the legal minimum—without it, you face fines and penalty points. Third-party liability insurance is especially practical for covering others' losses, like preventing financial disaster when a reckless delivery rider causes an accident, with a coverage of at least 800,000 yuan being necessary. Passenger liability insurance protects you and your passengers, a must for frequent business trips or weekend road trips—safety first. Comprehensive insurance depends on your situation; it’s worth adding if your parking environment is poor. Spreading the insurance cost over monthly payments means skipping a few milk teas but ensures worry-free driving all year. Remember to choose a reputable company for faster claims—don’t skimp on small savings and risk big losses.

[VanJeremiah]

There are elderly and children in my family who use the car frequently. I believe the three major insurances for a car are compulsory traffic insurance, third-party liability insurance, and vehicle damage insurance. Compulsory traffic insurance is mandated by the government with no room for negotiation. Third-party liability insurance is essential—whether hitting someone or being hit, coverage should start from 500,000 yuan for simplicity and safety. Vehicle damage insurance is the most convenient; when my minivan got scratched, the repairs were covered without any out-of-pocket expense, making it suitable for new drivers. As for theft insurance, I choose to use it based on the neighborhood's security—if it's poor, I'll buy it. Insurance is about spending a little to ensure peace of mind and a safe drive home.

[LailaMarie]

I've been in long-distance freight transportation for nearly a decade and believe there are three essential insurances for vehicles: compulsory traffic insurance, third-party liability insurance, and passenger liability insurance. Compulsory traffic insurance is a must, especially for highways where checks are strict and fines are high. For third-party liability insurance, the coverage should be substantial—based on my experience, at least 1.5 million, as highway accidents can lead to heavy liabilities that could bankrupt your business. Passenger liability insurance protects your own safety, particularly given the high risks of fatigue driving. As for vehicle damage insurance, it depends on the value of your truck. Premiums aren’t expensive, and spreading the risk by buying full coverage is a professional habit to avoid life-ruining accidents.

[IrisFitz]

As a new driver who just got my license and bought my first car, the insurance expert taught me three must-have insurances: compulsory traffic insurance, third-party liability insurance, and vehicle damage insurance. Compulsory traffic insurance is legally mandatory for vehicle registration. Third-party liability insurance protects against big payouts - it's recommended to have coverage of at least 1 million yuan since I often hit poles while reversing. Vehicle damage insurance covers repair costs and is suitable for new cars; adding glass insurance makes it more comprehensive. When choosing an insurance company, go for one with good reputation and fast claims settlement - don't skip checking reviews to save trouble. The premium isn't too high - just save some from monthly food expenses for worry-free driving.