What types of insurance do I need to buy for a car?
2 Answers
You need to buy the following types of insurance for a car: 1. Vehicle damage insurance; 2. Third-party liability insurance; 3. Passenger liability insurance; 4. Glass breakage insurance; 5. No-deductible insurance. Vehicle insurance, also known as motor insurance or car insurance, refers to a type of commercial insurance that provides compensation for personal injury, death, or property damage caused by natural disasters or accidents involving motor vehicles. Car insurance is a category of property insurance, and within the field of property insurance, car insurance is a relatively young type of coverage, as it emerged and developed alongside the invention and popularization of automobiles.
I just bought my first car and need to seriously consider insurance. Compulsory traffic insurance is a must—it's mandated by the state, and you'll be fined by traffic police if you don't have it. Next, third-party liability insurance is also crucial. If I accidentally hit someone else's car or person, it can cover the compensation costs. I opted for 1 million coverage for peace of mind. For a new car, it's advisable to get vehicle damage insurance to cover repair costs and avoid big expenses from minor accidents. If you park on the roadside often, adding theft insurance is a good precaution. Passenger liability insurance protects the safety of people in the car, and I chose higher coverage. Finally, scratch insurance is quite practical for minor scrapes in daily use. Overall, a comprehensive insurance package costs more but offers peace of mind. I compared several insurers and went with a major company's promotional offer. Regular vehicle inspections can also help lower premiums.
