What types of car insurance are generally available?
2 Answers
Compulsory traffic insurance is mandatory. Car insurance is divided into mandatory insurance and commercial car insurance, while commercial car insurance includes primary insurance and additional insurance. Here are the relevant introductions about car insurance: 1. Compulsory Traffic Insurance: It is a national mandatory car insurance that provides coverage for the other party's property and personal safety. 2. Special Insurance for Non-Deductible: The most important aspect of this car insurance is the absolute deductible rate. 3. Vehicle Damage Insurance: Vehicle damage insurance mainly covers the car. If the car is involved in an accident or suffers damage due to natural disasters, these losses can be compensated by the insurance company through vehicle damage insurance. 4. Third-Party Liability Insurance: This insurance primarily covers the personal injuries and property losses of third parties in traffic accidents. To supplement the coverage limit of compulsory traffic insurance, a comprehensive third-party liability insurance is necessary.
Having driven for over a decade, my experience tells me there are several mainstream car insurance options: compulsory traffic insurance is a basic necessity mandated by the state, covering fundamental compensation in accidents; commercial insurance includes third-party liability insurance, which protects against potential collisions with others or property damage; vehicle damage insurance covers repairs to your own car, regardless of where the accident occurs; there's also theft insurance, which allows claims if your car is stolen or hijacked; spontaneous loss insurance and standalone glass breakage insurance are also good options, protecting against vehicle spontaneous combustion or glass shattering, respectively; the no-deductible additional insurance can save you some out-of-pocket expenses. I recommend both beginners and experienced drivers prioritize third-party liability insurance and vehicle damage insurance for broader coverage and peace of mind while driving. When choosing insurance, consider regional risks and personal budgets—in congested urban areas with more accidents, investing a bit more doesn’t hurt.
