What Types of Insurance Should You Purchase When Buying a Car?
2 Answers
When purchasing car insurance, it is important to note that compulsory traffic insurance is mandatory. Additionally, car owners can purchase relevant insurance based on their actual circumstances. Below is a detailed introduction to some car insurance options: 1. Types: Car insurance is divided into compulsory traffic insurance and commercial car insurance. Compulsory traffic insurance is mandatory and must be purchased. 2. Commercial Car Insurance: Commercial car insurance is divided into basic insurance and additional insurance. The most important types of basic insurance are third-party liability insurance and vehicle damage insurance, which are the two types of car insurance that the vast majority of car owners purchase. 3. Other Considerations: If the parking environment is not ideal and the risk is relatively high, theft insurance should also be considered. If you are in a humid and rainy area, then spontaneous combustion insurance and water damage insurance should both be purchased.
I've been driving for over 20 years and take car insurance very seriously. Compulsory traffic insurance is a must—it's illegal to drive without it. For commercial insurance, third-party liability coverage is crucial, with a minimum coverage of at least 1 million yuan. If you hit a luxury car or injure someone, even hundreds of thousands might not cover the costs. Vehicle damage insurance is also practical, especially for new cars where repairs can be expensive if you accidentally scratch or dent it. Theft insurance depends on whether your car is valuable—it’s worth adding if you park in unsafe areas. Seat insurance is recommended for comprehensive coverage to protect medical expenses for yourself and passengers. Additional coverage like glass insurance is useful if you often drive on highways where flying stones are common. Overall, don’t skimp on costs—safety comes first.
