What Car Insurance Items Need to Be Purchased?
3 Answers
Car insurance items that need to be purchased include: 1. Compulsory Traffic Accident Liability Insurance (CTPL): The insurance company compensates for personal injuries and property losses of victims caused by road traffic accidents involving the insured vehicle within the liability limits; 2. Passenger Liability Insurance: Responsible for compensating personal injuries to designated seat occupants caused by the vehicle's liability; 3. Third-Party Liability Insurance: Refers to compensation by the insurance company for personal injuries, deaths, and direct property damage to third parties caused by accidents involving the insured vehicle driven by the policyholder or an authorized qualified driver; 4. Vehicle Damage Insurance: The insurer compensates for losses to the insured vehicle caused by natural disasters or accidents within the insurance coverage, as stipulated in the insurance contract.
I've been driving for over a decade and have plenty of experience buying car insurance. The compulsory traffic insurance is a must-have as it's legally required by the state – driving without it would cause major legal troubles. Then there's third-party liability insurance, where it's wise to opt for higher coverage, say over 1 million yuan, to avoid bankruptcy in case you hit someone or an expensive car. Vehicle damage insurance is also crucial – don't skimp on it whether your car is new or old, as it saves you from paying hefty repair bills after an accident. I'd recommend adding the no-deductible coverage to eliminate out-of-pocket expenses and reduce financial burden. As for other options like passenger insurance, glass coverage, or spontaneous combustion insurance, it depends on personal circumstances – frequent highway drivers might want glass coverage, while older cars could benefit from spontaneous combustion insurance. In short, comprehensive coverage brings peace of mind and encourages safer driving habits.
When I first bought car insurance, I was confused and only purchased compulsory traffic insurance without adding commercial insurance. As a result, I had to pay out of pocket for minor scratches and dents, which was quite painful. Later, I learned my lesson - third-party liability insurance is a must, and don't be stingy with the coverage amount, starting from at least 500,000 yuan to avoid being unable to afford compensation in case of an accident. For financed cars, comprehensive insurance is necessary, or the dealership will cause trouble. Passenger liability insurance is crucial for families to ensure the safety of passengers. When choosing an insurance company, don't just look at the price; also inquire about their service. Like my neighbor who chose a cheap company and had a terrible time with slow claims processing. New drivers should ask experienced drivers for advice to avoid making the same mistakes I did.
