What types of car insurance do I need to purchase?

[StJaxson]

You need to purchase the following types of car insurance: 1. Compulsory Traffic Accident Liability Insurance: As one of the insurances mandated by law, the Compulsory Traffic Accident Liability Insurance requires the insurance company to compensate the involved party a certain amount, regardless of fault or whether compensation is needed, as long as a third party suffers losses. 2. Vehicle Damage Insurance: Vehicle Damage Insurance is also usually necessary. For issues like daily scratches and dents, repair costs can be reimbursed by the insurance company. Especially after an accident, if the responsible party cannot be found, the insurance company will cover 70% of the costs. 3. Third-Party Liability Insurance: This type of insurance is the most direct protection for those with less-than-stellar driving skills. The annual premium is usually not very expensive. In the event of an accident, whether the third party suffers injuries, fatalities, or other property losses, the insurance company will compensate according to the corresponding amount. 4. No-Deductible Insurance: In many accidents, insurance companies have a 5-20% deductible rate. However, if the car owner purchases this insurance, all liabilities and amounts will be fully transferred to the insurance company, allowing the car owner to receive more compensation.

[Summer]

I just bought a car recently and realized that insurance is something you can't take lightly. The most basic one is compulsory traffic insurance, which is legally required—it provides coverage for others in case of an accident. I also bought third-party liability insurance with higher coverage to handle major accidents, as I wouldn’t be able to afford the liability otherwise. I recommend getting vehicle damage insurance too—even though my driving skills are decent, minor scrapes or rear-end collisions are inevitable, and having the insurer cover all repairs is a relief. Additionally, if your car is new or valuable, consider theft insurance and glass breakage coverage—low-probability events, but a real headache if they happen. A friend of mine learned the hard way—without these, he had to bear the loss when his car was stolen. Overall, compulsory insurance and third-party liability are must-haves; the rest depends on your budget and the car’s condition—don’t cut corners and leave risks uncovered.

[StAubree]

As someone who drives to work every day, I approach insurance from a practical perspective. First, compulsory traffic insurance is a legal requirement—you must have it, or driving without it is illegal. Then, third-party liability insurance is crucial, especially in cities where traffic jams are common, as it can cover significant compensation costs if you accidentally hit a luxury car or a person. I almost always opt for vehicle damage insurance because I live in the suburbs with poor road conditions and frequent minor collisions, saving me from paying out of pocket for repairs. Additionally, add-ons like glass insurance or scratch insurance depend on driving conditions—for instance, I add glass coverage since I often drive on highways, but if the annual premium is low, it might be worth skipping. My advice is to compare quotes from multiple insurers—don’t just focus on price; good service saves hassle. In summary, compulsory insurance plus third-party liability is essential, while other coverage should be chosen based on needs—don’t waste money on unnecessary extras.

[LeGemma]

Having driven for over a decade, I've gained considerable expertise in car insurance. The key is comprehensive risk coverage: compulsory traffic insurance is the baseline and must be purchased, while third-party liability insurance is best set at over one million to guard against accidents. I strongly recommend purchasing vehicle damage insurance—it covers all repairs for scratches and dents. Theft and spontaneous combustion insurance should not be overlooked, especially for new cars or areas with poor security. Scratch and glass insurance are optional but cost-effective, offering significant protection for a small cost. I once experienced my car flooding during heavy rain, and thanks to insurance, the losses were minimal. The crucial point is to adjust coverage based on the car's condition—older cars may need less, while new cars require more protection. Don’t be swayed by sales pitches for full coverage; stick to the essentials like compulsory traffic insurance, third-party liability, and vehicle damage insurance. The rest can be considered optional based on preference.

[Hadley]

From a cost-saving perspective on insurance, I only choose what I truly need. Compulsory traffic insurance is a must-buy as it's required by law—no way around that. For third-party liability insurance, I opt for moderate coverage, enough to handle common accidents, since excessively high coverage isn't cost-effective. I usually get vehicle damage insurance, but for older cars, it can be skipped—minor repairs at local garages cost less. Others like theft insurance can be skipped if parking in a secure residential area, and glass insurance is unnecessary in rural areas. The trick is to review mileage and accident records at each annual renewal; safe driving earns more discounts. With a clean driving record and no major accidents, I stick to the essentials—compulsory and third-party insurance—cutting all unnecessary extras. Over ten years, this approach has saved me a lot.

[DiTessa]

As a family car owner, I emphasize the importance of comprehensive insurance coverage to mitigate risks. Compulsory traffic insurance is a must-have foundation, and I also opt for high-coverage third-party liability insurance to ensure financial protection in case of accidents involving injuries or property damage. Vehicle damage insurance is crucial, especially when driving with kids on bumpy roads—repair costs won't be a worry. I've added spontaneous combustion insurance and theft insurance, particularly useful during hot summers or when parking in tourist areas. Scratch insurance, though minor, is worthwhile for covering accidental marks from kids. My advice: don’t just compare prices; prioritize services like fast claims processing. Overall, compulsory insurance plus third-party liability is essential, while other coverages should be chosen based on season and travel frequency to ensure peace of mind for the whole family.