Which car insurance policies are necessary to purchase for a sedan?
2 Answers
Among car insurance policies, compulsory traffic insurance, third-party commercial liability insurance, and vehicle damage insurance are must-haves. The details are as follows: 1. Compulsory traffic insurance: This is a mandatory purchase required by the state. In the event of an accident, the compensation is paid to the party that was hit, with a limited payout amount, capped at 122,000 yuan. 2. Third-party commercial liability insurance: This policy serves as a supplement to compulsory traffic insurance, with the compensation also paid to others. If the compensation amount exceeds the limit of compulsory traffic insurance in an accident, the insurance company will be responsible for the additional compensation. 3. Vehicle damage insurance: The biggest difference from the previous two is that vehicle damage insurance compensates the policyholder. In case of accidents or natural disasters (excluding earthquakes) that cause damage to the vehicle, vehicle damage insurance provides the owner with corresponding compensation.
As a car owner with over a decade of driving experience, I must say buying car insurance isn't something to be done casually. Compulsory traffic insurance is absolutely mandatory—driving without it will get you fined by the police, as it's a national requirement. Third-party liability insurance is also essential, especially in big cities with heavy traffic. If you accidentally hit someone, paying hundreds of thousands in compensation is common, so having this coverage gives peace of mind. Vehicle damage insurance is crucial for new or expensive cars, since repair costs can easily run into the thousands. While no-deductible insurance is optional, I think paying a little extra for full coverage is a great deal. Overall, these three are the basics. Other options like theft insurance or glass coverage depend on your budget and driving environment—for someone like me who mostly drives in the city, they're less necessary. Don't cut corners or go cheap with car insurance—safety comes first.
