What is Passenger Liability Insurance and Should You Buy It?
2 Answers
Here is the relevant introduction to passenger liability insurance: 1. Passenger Liability Insurance: Passenger liability insurance refers to the situation where, during the use of the insured vehicle by a qualified driver permitted by the insured, an insurance accident occurs, resulting in personal injury or death to passengers inside the vehicle. The insurance company will compensate according to the insurance contract for the liability that the insured is legally obligated to bear. Passenger liability insurance is considered a major type of commercial vehicle insurance, and its primary function is to compensate for injuries or deaths of passengers caused by traffic accidents. 2. Whether to Buy: Whether to purchase passenger liability insurance mainly depends on the owner's own insurance needs. It is not mandatory to purchase, nor is it an essential type of auto insurance. However, the premium for passenger liability insurance is not high, and the owner can choose to purchase it selectively, prioritizing the driver's seat insurance. Buying an additional insurance policy means an extra layer of protection.
Passenger liability insurance provides coverage for medical expenses or compensation for losses if you or your passengers are injured in an accident while you're driving. Having driven for nearly twenty years, I've witnessed countless unexpected incidents, and honestly, this type of insurance is quite essential. Although compulsory traffic insurance is mandatory now, it doesn't cover passengers in the vehicle. Adding this to your commercial insurance brings peace of mind. The premium isn't high, averaging a few hundred yuan a year for coverage exceeding one hundred thousand yuan. When taking family or friends out for trips, no one wants an accident, but in case of a sprain or injury leading to tens of thousands in hospital bills, skimping on small costs can lead to significant losses. I recommend all car owners should add this coverage. Consult your insurance company to understand the details clearly—ensuring your family's safety is more important than anything else. Drive safely, and with the right insurance in place, you'll have peace of mind.
