What Does Full Coverage Insurance for New Cars Include?
2 Answers
Full coverage insurance for new cars includes the following details: 1. Coverage content: Full coverage insurance for new cars consists of basic insurance and additional insurance, specifically including compulsory traffic insurance, third-party liability insurance, vehicle damage insurance, full vehicle theft insurance, passenger liability insurance, standalone glass breakage insurance, spontaneous combustion loss insurance, no-deductible special insurance, and body scratch insurance. 2. Compulsory insurance: Among these, compulsory traffic insurance is mandatory and must be purchased before any vehicle can be driven on the road. Other types of insurance are voluntary, and the specific type of insurance and the insurance company chosen should be based on the car owner's individual needs.
As a new car owner who just bought a car, I chose comprehensive insurance when purchasing insurance. It basically includes several major parts: liability insurance is mandatory, covering the medical and repair costs of others if I hit another car or pedestrian while driving; collision insurance handles the damage to my car in an accident, such as minor scratches or repairs after a major collision; comprehensive insurance covers non-accident events, such as theft, fire, flood, or hail damage. New cars usually add theft insurance and glass breakage insurance separately, as new tires are valuable and easily stolen or shattered by stones. I also chose a deductible to avoid excessively high premiums. I remember last time my friend's new car was stolen, the comprehensive insurance quickly settled the claim, saving a lot of hassle. Although investing in comprehensive insurance costs a bit, the first year of a new car carries higher risks, making driving more reassuring. After all, avoiding unexpected costs is more cost-effective than saving on premiums.
