What Types of Insurance Are Included in Comprehensive Car Insurance?
1 Answers
Generally, comprehensive car insurance includes the following types of coverage: 1. Compulsory Traffic Insurance: A mandatory insurance type required by the state. Failure to purchase this insurance may result in the traffic management authorities impounding the vehicle and imposing a fine of twice the premium amount. 2. Third-Party Liability Insurance: Commercial third-party liability insurance covers compensation for bodily injury or direct property damage to individuals outside the insured vehicle caused by the policyholder's liability in an accident, as stipulated in the insurance contract. 3. Vehicle Damage Insurance: This covers losses to the insured vehicle caused by natural disasters (excluding earthquakes) or accidents within the scope of insurance liability, with compensation provided according to the insurance contract. 4. Theft and Robbery Insurance: This compensates for the loss of the entire insured vehicle due to theft or robbery. 5. Passenger Liability Insurance: In the event of an accident causing injury to passengers in the insured vehicle, the insurance company will be responsible for compensation. 6. Spontaneous Loss Insurance: This covers losses to the insured vehicle caused by circuit, wiring, or fuel system failures, as well as fires originating from the cargo being transported. 7. No-Deductible Special Clause: By opting for this clause under the corresponding insurance type, the policyholder can receive full compensation without any deductible. 8. Glass Breakage Insurance: If the vehicle's glass breaks or shatters while parked or in use, with no other damage to the vehicle, the insurance company will compensate for the glass loss.
