What Insurance Should a Beginner Driving an Old Car Purchase?
2 Answers
Beginners driving old cars should purchase insurance such as collision insurance, third-party liability insurance, and no-deductible insurance. If the car is in its third year and has not yet purchased spontaneous combustion insurance, it is also necessary to be wary of "circuit aging causing spontaneous combustion." It is also time to consider spontaneous combustion insurance, and spending a small amount of money to purchase "spontaneous combustion insurance" is also very necessary. Definition of auto insurance: Auto insurance is a type of commercial insurance that compensates for personal injury or property damage caused by natural disasters or accidents to motor vehicles. Classification of auto insurance: Auto insurance is mainly divided into compulsory traffic insurance and commercial auto insurance. Compulsory traffic insurance is a type of insurance that must be purchased for every vehicle. Commercial auto insurance is selected based on the actual needs of the car owner. There are mainly four types of personnel liability insurance. Additional insurances mainly include: spontaneous combustion insurance, scratch insurance, glass insurance, engine water ingress insurance, and non-deductible insurance.
I just got my driver's license and am driving a second-hand car over ten years old, which makes me quite nervous. Regarding insurance, compulsory traffic insurance is the priority—it's a basic legal requirement, and you can't drive without it. But as a novice driver with limited experience, I'm more likely to hit someone else's car, so third-party liability insurance with high coverage is a must—at least 1 million yuan to cover potential compensation in case of an accident. For an old car, vehicle damage insurance isn't cost-effective since repair costs might exceed the car's value, so I skipped it. I also added passenger liability insurance and no-deductible coverage for vehicle damage to protect myself and passengers. Driving an old car also requires attention to routine maintenance, checking brakes and tire wear—insurance is just a safety net. Overall, don’t skimp too much on the budget; spending a few hundred yuan a year for peace of mind on the road is worth it.
