What Insurance Should Generally Be Purchased for Family Vehicles?
2 Answers
Family vehicles should purchase compulsory traffic insurance, vehicle damage insurance, and third-party liability insurance. Below are the considerations for purchasing auto insurance: 1. Purchase channels: Pay attention to choosing the right purchase channels, opting for insurance companies with legal qualifications and agents who have professional qualification certificates, business licenses, and formal agency contracts with insurance companies. 2. Consider personal needs: Pay attention to selecting insurance products based on actual needs and fully understand the terms and conditions of motor vehicle insurance. 3. Pay attention to the use of important documents: Be mindful of the use and safekeeping of important insurance documents, fulfill the obligation of truthful disclosure, pay insurance premiums on time, and agree with the insurance company on dispute resolution methods for the contract.
When buying insurance for a family car, I believe the top priorities are safety protection and cost-effectiveness. Compulsory insurance is legally required and mainly covers third-party bodily injuries or vehicle damage. Additionally, I would add commercial third-party liability insurance with a higher coverage amount, such as over 1 million, to prepare for potential accidents involving luxury cars or injuries. Vehicle damage insurance is also crucial to cover repair costs for your own car, especially since family cars often transport loved ones and are prone to minor bumps and scrapes. It’s advisable to include zero deductible coverage to avoid out-of-pocket expenses during claims. If the budget allows, passenger liability insurance can be added to protect passengers. I also like to compare prices across different insurers and look for promotions to save money—just don’t skimp by opting for the lowest coverage, as the risk is too high. Remember, the purpose of insurance is to drive with peace of mind, especially when shuttling kids to school—peace of mind is what matters most.
