What does 'No Deductible' mean in car insurance?
4 Answers
Car No Deductible Insurance is a type of commercial insurance, with the full name being 'No Deductible Rate Special Clause'. It is an additional coverage that requires a 'main insurance' policy to be purchased and cannot be bought separately. The detailed introduction is as follows: Additional Deductible Rate: Auto insurance clauses stipulate that the claim scope of No Deductible Insurance does not include additional deductible rates. Typically, the conditions for implementing additional deductible rates include multiple claims, claims by non-designated drivers, violations of safety loading regulations, or increased deductible rates due to the lack of claim documentation by the car owner during theft insurance claims. Third-Party Accident Not Found: Insurance companies set a separate absolute deductible rate, usually 30% or 50%, for car damage accidents where the third party cannot be found. However, such deductible rates are not covered under the No Deductible Insurance claim scope. Difficulty in Determining Accident Liability: Sometimes, during the process of handling a traffic accident through mutual agreement, car owners fail to take accident photos or mark the tire tracks before moving their vehicles away from the scene, making it difficult for insurance companies to objectively and accurately determine liability. Alternatively, if one car owner feels the damage is minor and leaves the scene, preventing the other owner from assisting the insurance company in inspecting both damaged vehicles, the insurance company will apply a separate deductible rate as the basis for the claim.
The "No Deductible" insurance is actually a very practical add-on in auto insurance. I specifically researched this when buying insurance—it essentially covers the portion of loss that the insurance company would normally not compensate. For example, if you're fully at fault in an accident, the insurer typically deducts around 20% as a non-reimbursable amount, which you'd have to pay out of pocket. But with No Deductible coverage, even this portion can be claimed from the insurer. Especially now, with heavy traffic and frequent accidents, for someone like me who commutes daily, spending an extra hundred or so on this coverage is totally worth it. Last year, I rear-ended another car, and the repair cost was 12,000 yuan—the insurer covered it all. Without this add-on, I would’ve had to pay over 2,000 yuan myself. It’s particularly suitable for new drivers or those often driving in congested urban areas—affordable premiums with much peace of mind.
The no-deductible coverage is an additional auto insurance option that helps you save money. I remember when I first bought insurance, the agent explained that standard collision and third-party liability insurance usually have a deductible rate of 10% to 20%. This means the insurer covers the bulk of the claim, while you pay the small remaining portion. But with this add-on, they cover that small portion too. Driving in the city makes minor collisions almost inevitable—last month, I scraped a pillar while reversing in a supermarket parking lot, and the repair cost over 3,000 yuan, which the insurer fully covered. Without this coverage, I would have had to pay 600 yuan out of pocket. The extra premium costs just 10 to 20 yuan more per month, but it can save you hundreds or even thousands in critical moments, making it a cost-effective choice.
I always opt for the zero deductible insurance when buying a car. Essentially, it means the insurance company also covers the portion that would normally be exempt from compensation. With standard car insurance claims, for instance, if you're fully at fault, the insurer will only cover up to 80%, leaving you to pay the remaining 20% out of pocket. But with this coverage, that 20% is also reimbursed. I've been driving for seven or eight years, and adding this insurance only costs me an extra 200-something yuan a year in premiums. Once, I rear-ended a car at a red light, and the repair bill was 5,000 yuan for the other party—I didn't pay a single cent; it was all covered. I highly recommend it, especially for novice drivers who aren't very skilled yet—it can save you a lot of money in case of an accident.
