What Types of Insurance Are Suitable for a Sedan?
2 Answers
Mandatory insurance types for vehicles include compulsory traffic insurance, third-party liability insurance, vehicle damage insurance, and comprehensive vehicle insurance. Below is more relevant information: 1. Comprehensive vehicle insurance includes: compulsory traffic insurance + vehicle damage insurance + third-party liability insurance + no-deductible insurance + passenger liability insurance, among others. If conditions permit, additional coverage such as theft insurance, glass insurance, body scratch insurance, and spontaneous combustion insurance can be added. 2. Third-party liability insurance: Similar to compulsory traffic insurance, third-party liability insurance provides compensation to the injured third party, essentially serving as a supplement to compulsory traffic insurance. The compensation limit of compulsory traffic insurance is limited and relatively low, and higher coverage can be obtained with third-party liability insurance.
I've been driving for five years and have a pretty good grasp of car insurance. Compulsory traffic insurance is a mandatory legal coverage that you just have to pay every year. For commercial insurance, vehicle damage insurance is a must—it covers your own car for scratches, water damage, or even fire, especially for new cars where adding scratch coverage is advisable. Third-party liability insurance is the most critical, as hitting a luxury car can easily cost hundreds of thousands, so I’d recommend going straight for 2 million in coverage—I wouldn’t dare drive in the city without at least that. Passenger insurance depends on your situation; if you often drive family or friends, it’s worth adding. The medical expenses beyond医保 coverage is a small but crucial add-on—just tens of yuan can save you from footing huge medical bills. Don’t waste money on unnecessary coverages like glass insurance; focus on solid core protections.