What types of insurance are needed for a new car?

[StJuliet]

Compulsory traffic insurance, vehicle damage insurance, and no-deductible insurance. Here are the details: 1. Introduction to compulsory traffic insurance: Mandatory purchase by the state, without which the car cannot be driven on the road. If caught by traffic police without it, the car will be impounded, a double premium fine will be imposed, and it must be purchased immediately to drive again. It mainly protects the rights of victims in traffic accidents (excluding the vehicle's occupants and the insured). It also sets the stage for the emergence of vehicle damage insurance and third-party liability insurance. 2. Vehicle damage insurance and no-deductible insurance: Vehicle damage insurance is generally purchased for new cars as minor collisions are unavoidable. If the car does not have no-deductible insurance, the owner bears a small portion of the responsibility after a traffic accident. If no-deductible insurance is purchased, all compensation is covered by the insurance company.

[McJoanna]

I just picked up my new car recently and did a lot of research on insurance types. Compulsory traffic insurance is a must-have, it's mandatory by the state and you can't even drive without it. For commercial insurance, vehicle damage insurance is also essential—repairs for scratches on a new car can be expensive, and this insurance has your back. Third-party liability insurance is even more indispensable; I recommend going straight for 2 million coverage in case you hit a luxury car or a pedestrian, so you don’t end up bankrupt. The no-deductible insurance is also very practical, making claims more cost-effective. Additionally, for my new car, I added glass insurance and scratch insurance—after all, you always want to protect a brand-new car a bit better. Others like spontaneous combustion insurance or water damage insurance depend on your regional environment; those in the rainy south might want to consider them. In short, insurance is all about spending money for peace of mind.

[DylanMarie]

As an ordinary office worker, I only choose the most practical types of insurance. Compulsory traffic insurance and vehicle and vessel tax are fixed annual expenses. For third-party liability insurance, I opted for a coverage of 1.5 million, recommended by a friend who mentioned that current medical compensation standards are high. Comprehensive insurance is a must, as parking spaces in my neighborhood are tight, and I've had to claim for several scratches. I bought passenger liability insurance with 10,000 coverage for the front passenger seat, giving my wife some protection when we go out. I skipped the scratch insurance since minor touch-ups at small shops cost only 200 yuan, and making a claim would raise my premiums. Finally, I added no-deductible coverage to avoid disputes during claims. The total premium is just over 5,000 yuan, offering comprehensive coverage without breaking the bank.

[DeJayla]

For new car insurance, I focus on three aspects: protecting others, protecting myself, and protecting the vehicle. For protecting others, I opt for compulsory traffic insurance and third-party liability insurance (with a coverage of 1.5 million). To protect myself, I purchase driver and passenger insurance, with the main driver's coverage set at 50,000. For the vehicle, I choose comprehensive insurance and glass insurance. I skipped theft insurance as car theft cases are rare nowadays. It's advisable to ask the salesperson to provide a detailed comparison of prices, as some insurances are more expensive when bought separately, while bundled packages might offer better value. Be cautious not to be persuaded into buying full coverage insurance, as some niche insurances like water damage insurance are rarely needed outside flood-prone areas.

[WalterLynn]

Last week, I accompanied my relative to pick up a car, and the insurance plan recommended by the 4S store was really complicated. In the end, we simplified it: compulsory traffic insurance as the foundation, and vehicle damage insurance covering most repair costs. Third-party liability insurance of 2 million is necessary—just yesterday, there was news about a crash with a Rolls-Royce resulting in a 2 million compensation. Passenger liability insurance covered 20,000 for commonly used seats. For additional insurance, we only bought the 'Cannot Find Third Party' special clause, which provides full compensation if the car is hit while parked and the culprit can't be found. Glass insurance depends on the car model—replacing a windshield can cost thousands, so it's better to spend a few hundred on insurance. Scratch and spontaneous combustion insurance were skipped, as the probability of a new car spontaneously combusting within five years is extremely low.

[DelMaddox]

New car insurance should be prioritized: compulsory traffic insurance and third-party liability insurance (starting at 1 million) must come first, as they relate to accident compensation. Comprehensive insurance depends on the car model—repairing a door on a car worth over 100,000 can cost four to five thousand, so it's advisable to purchase. Among the additional insurances, scratch insurance is the most debated—it's worth buying in the first year for a new car, but not in the second year when premiums rise by 30%. Passenger liability insurance should be tailored to needs—single drivers can insure just the driver's seat, while families with children should cover the whole car. Two reminders: premium adjustments depend on driving records, with discounts for no accidents in the previous year; confirm the insurance activation time to avoid the awkwardness of an accident on the way home.