What is Seat Insurance? Is it necessary to buy?
3 Answers
Seat insurance, also known as passenger liability insurance, is one of the main types of commercial insurance. It refers to the situation where an insured vehicle is involved in an accident, causing injury or death to the driver or passengers in the vehicle. The insurance company will provide compensation based on the passenger liability insurance purchased. When buying seat insurance, you can choose according to your own needs, and also consider your actual situation. Seat insurance is a mandatory insurance type in the industry, and it is a must-buy for vehicles engaged in passenger transport. It is a very necessary auto insurance in addition to compulsory traffic insurance. Seat insurance can be divided into 20 levels, and the more you purchase, the higher the compensation you can receive.
Seat insurance is coverage for passengers in your own vehicle. For example, if you take friends out for a drive and someone gets injured in an accident, this insurance can reimburse their medical expenses. When I bought auto insurance, I specifically researched this—the coverage amount is usually just 10,000 to 20,000 yuan, which might not be enough for serious injuries like fractures. If you mostly drive alone, you probably don’t need it. But if you frequently transport colleagues for business or shuttle kids around, buying this coverage offers peace of mind since accidents are unpredictable. Compulsory traffic insurance and third-party liability insurance only cover others, not your own passengers, so seat insurance fills that gap.
As a veteran driver with ten years of experience, I find seat insurance quite practical. Once, a friend riding in my car got rear-ended and suffered a head injury, and the medical expenses of over 3,000 yuan were covered by this insurance. The annual premium is just around a hundred yuan, which breaks down to the cost of a cup of coffee per month. However, it's important to note that it only covers medical expenses and not loss of income due to injury, and compensation is based on the proportion of liability. If the whole family already has accident insurance, it might not be necessary to purchase this, but for someone like me who often drives neighbors' kids around, it's good to have, especially for the elderly and pregnant women.
