What is the Best Insurance to Buy for a Car?

[LeFelix]

There is no 'best' car insurance, only the most suitable one. Among them, the compulsory traffic insurance for vehicles, officially known as 'Compulsory Traffic Accident Liability Insurance for Motor Vehicles,' is China's first mandatory insurance system implemented by national law. Compulsory traffic insurance is a type of insurance that the state mandates car owners to purchase. If you drive without this insurance and are caught, you will face penalties. In addition to this, it is advisable to purchase sufficient third-party liability insurance: among all car insurance types, third-party liability is the most important. After all, if your car is damaged, you can choose not to drive it, but compensation for others cannot be waived. When buying car insurance, the priority should be maintaining the ability to compensate for others' losses. Apart from these, other car insurance types can be chosen based on personal needs, such as: Vehicle Damage Insurance: After the car insurance reform, previously additional insurances like engine water damage insurance, standalone glass breakage insurance, no-deductible insurance, spontaneous combustion insurance, and third-party special agreement insurance have all been merged into vehicle damage insurance. If the insured or other permitted drivers cause an accident resulting in damage to the insured vehicle, the insurance company will bear the claim liability within reasonable limits, reducing the financial loss caused by vehicle damage. Seat Insurance and Driving Accident Insurance: Seat insurance follows the car, meaning no matter who sits in your car, compensation is paid per seat in case of an accident. Therefore, regardless of the vehicle type, purchasing car insurance is not only a responsibility to the owner but also to others. In the context of frequent traffic accidents, having car insurance is particularly important and should not be taken lightly. However, car insurance is only a subsequent safeguard; safe driving is fundamental. Non-Medical Insurance Liability Insurance: After purchasing this insurance, even the self-paid medicines during the other party's hospitalization can be reimbursed. Otherwise, the insurance only covers reasonable expenses within the hospitalization scope, and those outside the medical insurance catalog are not covered, leaving the car owner to pay out of pocket.