What is the difference between body insurance and vehicle damage insurance?
2 Answers
The differences between body insurance and vehicle damage insurance are as follows: 1. Nature: Body insurance is a mandatory national insurance, while vehicle damage insurance is one of the commercial insurances. 2. Coverage: Body insurance only compensates third parties, while vehicle damage insurance is responsible for compensating the loss of the vehicle itself. 3. Premium: The coverage of body insurance is relatively fixed (it may fluctuate based on whether the owner has a traffic violation record), while the premium of vehicle damage insurance is related to the purchase price of the vehicle. 4. Scope of insurance liability: Body insurance refers to the compensation provided by the insurer according to the insurance contract when the insured vehicle suffers losses due to natural disasters or accidents within the scope of insurance liability; vehicle damage insurance refers to the compensation provided by the insurance company according to the insurance contract when the insured or the vehicle driver causes damage to the vehicle in an accident during driving.
When it comes to body insurance and vehicle damage insurance, as someone who has been driving for over a decade, I feel the need to share some insights. The term 'body insurance' is rarely used these days. It refers to coverage only for the external metal shell of the car, such as scratches or dents, basically covering superficial damage. Vehicle damage insurance, on the other hand, is more comprehensive. It covers all sorts of damage to the car itself, whether it's from collisions, hail damage, or even flooding—it's all included. Back in the day, I learned this the hard way. I thought body insurance was enough, but when my car's chassis had issues, it wasn't covered, and I ended up paying over 3,000 out of pocket for repairs. So, my advice to fellow car owners is to opt for vehicle damage insurance and consider adding glass coverage or flood protection riders. It doesn’t cost much but saves a lot of hassle. Don’t just look at the cheap premiums—calculate the actual repair costs to avoid regrets later.
