Which insurance can compensate for a damaged car?

[BraxtonMarie]

Vehicle damage insurance can provide compensation for a damaged car. Below are the specific details about vehicle damage insurance: 1. Definition of vehicle damage insurance: Vehicle damage insurance is a type of commercial auto insurance where the insurance company compensates within reasonable limits for damages to the insured vehicle caused by an insured accident involving the insured or an authorized driver. 2. Coverage of vehicle damage insurance: Vehicle damage insurance generally covers losses to the insured vehicle caused by natural disasters such as lightning, storms, heavy rain, floods, as well as accidents like collisions and overturns, along with related rescue costs.

[StAdriana]

As a veteran driver with over a decade of experience, I've encountered several car accidents requiring compensation for vehicle damage. Comprehensive car insurance is essential. It covers the repair costs of your own vehicle, whether you hit a tree or a wall. Just report it to the insurance company, and they'll assess the damage and pay. While compulsory traffic insurance is mandatory, it only covers compensation for others, not your own car. I recommend adding a no-deductible clause when purchasing comprehensive insurance to reduce out-of-pocket expenses; also, don't overlook third-party liability insurance in case you damage someone else's property or injure someone. After an accident, don't panic—immediately call your insurer to report the incident, and avoid private settlements to prevent losses. Some beginners skimp on comprehensive insurance to save money, only to face repair bills of tens of thousands later. A few hundred dollars in premiums is worth it—safety first. Regularly check your insurance policy and maintain your vehicle to reduce accident risks and drive with peace of mind.

[ClaireAnn]

As an insurance consultant, let me talk about how to handle compensation after a car accident: Vehicle Damage Insurance covers the repair costs for your own car, which is a core coverage, with premiums varying based on the vehicle model. Compulsory Traffic Insurance is legally required but only compensates third parties, offering no protection for your own vehicle. Third-Party Liability Insurance supplements compensation for damages you cause to others. Without these coverages, you'll have to pay out of pocket after an accident, which can be extremely costly. I recommend purchasing a comprehensive package: Vehicle Damage Insurance, Third-Party Liability Insurance, and No-Deductible Coverage. Spending around one to two thousand yuan a year with higher coverage limits ensures full compensation in case of an accident. When an accident occurs, take photos of the scene and gather the other party's information, then contact your insurance company for damage assessment. Paying slightly higher premiums for comprehensive coverage is worth it for peace of mind while driving. Don’t just go for the cheapest option when choosing insurance—opt for reputable large companies for reliability.

[Gray]

When I first got my driver's license, I learned a lot about cars. Collision damage is mainly covered by the auto damage insurance. It specifically compensates for the parts of your own car that get damaged in a collision, covering repairs and such. Although compulsory traffic insurance is mandatory, it only protects others and doesn't cover your own vehicle damage. If you don't have auto damage insurance, you'll have to spend a lot of money on repairs if an accident occurs. The insurance company will compensate according to the policy, but only if you pay the premiums on time. When choosing insurance as a beginner, remember to add third-party liability insurance to protect against damaging others' property. Report accidents quickly, don't delay. Higher coverage amounts are more secure. Drive carefully, and regular maintenance can also reduce accidents.