What Insurance Should Drivers Purchase?
2 Answers
Drivers should purchase compulsory traffic insurance. The purchase of insurance should be determined based on their financial situation and vehicle usage characteristics. However, compulsory traffic insurance is mandatory by law, while other types of insurance can be chosen according to individual circumstances. Whether it is necessary to purchase driver and passenger insurance depends on the vehicle's usage: If the vehicle is frequently used in complex traffic conditions, or the owner often drives on highways in suburban areas, or even frequently drives at night, it is recommended to purchase driver and passenger insurance. Notes on auto insurance claims: After a traffic accident, if it falls under the category of a minor accident, the driver can take photos of the scene, dismantle it themselves, and then proceed to a fast-track accident handling and compensation center for claims. If the accident is more severe or involves significant losses, the driver should preserve the first scene and promptly report the incident to the insurance company. Generally, if the report is made more than 48 hours after the accident, the insurance company has the right to refuse compensation, such as for third-party liability insurance, etc.
As a regular driver who frequently drives, I believe buying insurance requires careful consideration. Liability insurance is a must, as almost all states require it to cover injuries or vehicle damage you cause to others. From my experience, don't set the liability coverage limits too low—something like $100,000 or more is ideal for peace of mind. Additionally, if your car is new, adding collision insurance is advisable to cover repairs to your own vehicle in case of an accident. For older cars, you might skip this part since repair costs might be more economical. Money-saving tip: Increasing your deductible can significantly reduce your monthly premium. New drivers or those with poor driving records should consider uninsured motorist coverage to protect against accidents caused by uninsured drivers—it's relatively low-cost. Finally, compare insurance companies to find the best value, not just focusing on price but also coverage and reputation.
