What insurance should be paid in the first year of a new car?
3 Answers
Generally, the following insurances should be paid in the first year of a new car: 1. Compulsory traffic insurance: It provides the most basic insurance claims in the event of a traffic accident. 2. Vehicle damage insurance: Compensation will be provided if the insured vehicle is damaged. 3. Third-party liability insurance: It compensates for personal injury or death or direct property damage according to regulations. 4. Whole vehicle theft insurance: It provides compensation services for vehicle losses caused by the theft of the whole vehicle. 5. No-deductible insurance: In the event of a traffic accident, unless the car owner is not at fault, most car insurance types have a certain deductible rate. The greater the responsibility, the higher the deductible rate, and the car owner needs to pay for this part of the cost out of pocket.
When I first bought my new car, the insurance I got for the first year included compulsory traffic insurance (this thing is mandatory, you can't drive without it), plus commercial insurance like vehicle damage insurance (to protect my own car from getting damaged), third-party liability insurance (to compensate others or property if I hit them), and theft insurance (new cars are easy targets for thieves). Why choose these? A new car is valuable, and in case of an accident, repairs can cost thousands—having insurance gives peace of mind. I suggest adding a no-deductible insurance to increase the compensation ratio. The premium is roughly a few thousand to ten thousand yuan, depending on the car model and region. Don't skimp on this small expense—the first year of a new car is crucial for maintenance, and insurance acts as a safety lock, preventing huge repair costs.
Every time I help friends choose new car insurance, I emphasize basic protection. In the first year, compulsory traffic insurance and third-party liability insurance must be purchased, as required by law. I strongly recommend comprehensive insurance—new cars are prone to scratches, and high coverage can handle repair costs. Theft insurance is essential for new models that are easily stolen, and glass insurance is practical too; a stone hitting the windshield on the highway can lead to costly replacements. Premiums depend on your driving record and car value—new cars usually have fewer discounts, but don’t skip major coverage to save money. If an accident happens without insurance, you’ll bear full liability and could face devastating financial losses. Ask experienced car owners for advice and choose a reputable insurer.
