What does full coverage car insurance include?
1 Answers
Typically, full coverage car insurance includes compulsory traffic insurance (CTPL) and several basic coverages such as vehicle damage insurance, third-party liability insurance, passenger liability insurance, glass breakage insurance, and comprehensive theft insurance. It also includes additional coverages like spontaneous combustion insurance, water damage insurance, and scratch insurance, along with special no-deductible insurance. Below are the details of each coverage: 1. Compulsory Traffic Insurance (CTPL): A mandatory insurance required by the state, with the second-year premium adjusted based on whether the owner was involved in at-fault accidents in the first year; 2. Vehicle Damage Insurance: Covers the loss of your own vehicle, with the coverage amount generally matching the vehicle's value; 3. Third-Party Liability Insurance: In case of an insured accident, the insurer compensates for third-party bodily injuries and property losses; 4. Theft Insurance: Covers losses caused by the vehicle being stolen, robbed, or snatched; 5. Passenger Liability Insurance: Compensates for injuries or deaths of passengers in the vehicle in case of an accident; 6. Spontaneous Combustion Insurance: Covers losses due to fires caused by vehicle circuits, wiring, fuel lines, or friction during operation; 7. Water Damage Insurance: Covers engine damage due to water ingress while driving; 8. Scratch Insurance: Covers scratches on the vehicle body without obvious collision marks, with compensation provided as per policy terms; 9. Glass Insurance: Covers the cost of repairing or replacing windshield or window glass if broken separately; 10. No-Deductible Insurance: After an insured accident, the deductible amount that the owner would normally bear will be covered by the insurer if this insurance is purchased.
