Which types of car insurance are the most cost-effective to buy?

2 Answers
JacksonMarie
07/28/25 3:55pm
Car insurance should include compulsory traffic insurance, third-party liability insurance, car damage insurance, and no-deductible insurance—these four types are the most cost-effective. Below is a detailed introduction: 1. Compulsory traffic insurance: This is a mandatory national car insurance; without it, you cannot drive on the road, pass annual inspections, and may face heavy fines if caught. 2. Third-party liability insurance: This insurance acts as a supplement to compulsory traffic insurance. After the compulsory insurance pays out, any remaining costs will be covered by third-party liability insurance. If you frequently drive on highways or drive often, it is advisable to purchase a higher coverage limit for third-party liability insurance. 3. Car damage insurance: This insurance covers the loss or damage to your own vehicle, such as accidental scratches, collisions with poles, flipping into ditches, or damage caused by natural disasters. Without car damage insurance, you would have to pay for vehicle repairs out of pocket. 4. No-deductible insurance: In the event of a traffic accident, if the car owner is fully responsible, primarily responsible, equally responsible, or partially responsible, the insurance company will waive 20%, 15%, 10%, or 5% of the deductible, respectively.
Was this review help?
12
4
Share
LeKate
08/11/25 11:06pm
When I first bought my car, I was thinking about how to save on insurance without compromising driving safety. Compulsory traffic insurance is a must—it’s required by law and doesn’t cost much, but it covers basic medical compensation. I think third-party liability insurance is the most cost-effective, with premiums of just a few dozen yuan covering hundreds of thousands in liability. If an accident happens, it pays for the other party’s car, avoiding a huge financial loss. I skipped theft insurance because my new car is parked safely in my residential area, making it feel unnecessary. As for collision insurance, it depends on the car’s condition—it’s recommended for new cars but a waste for older ones since the premium may exceed repair costs. Adding water damage insurance is useful in rainy regions, like during typhoon season in summer, to prevent engine flooding. Overall, by carefully selecting and avoiding flashy add-ons, I kept my annual premium under 500 yuan—affordable and reassuring, perfect for a salaried worker like me. For first-time car buyers, it’s best to focus on covering core risks.
Was this review help?
19
0
Share
Expand All
More Forum Discussions

What does the term 'car quota' mean?

It can be understood as a license plate qualification. Many people need to buy cars, and the allocation of motor vehicle license plate quotas is determined through a lottery system. Those who win the lottery are considered to have obtained the quota. Below is relevant information: 1. Other meanings: Quotas serve as a method for measuring objectives; they represent the expected indices, specifications, or standards to be achieved, usually expressed in numerical terms. For example, during annual meetings, people might say that several new quotas have been added this year, including employee turnover rate, store foot traffic, average customer spending, etc. These quotas are general descriptions of results, or objectives. 2. Automotive development: It requires automobile manufacturers to focus on establishing brand sales and service systems to eliminate consumer concerns; it guides and encourages the development of energy-saving, environmentally friendly vehicles and new fuel vehicles; it provides guiding opinions for creating a better consumption environment. The specific goal is to develop China's automobile industry into a pillar industry of the national economy.
20
2
Share

How Many Days After Window Tinting Can You Roll Down the Windows?

You can roll down the windows 3 to 5 days after window tinting. Rolling them down earlier may cause the film to wrinkle, reducing its maintenance effectiveness. If you're not in a hurry, waiting until the seventh day to open the windows will make the film adhere more securely. After tinting, proper care is essential. Avoid using nails or sharp objects to peel the edges of the film to prevent dirt from getting underneath. If bubbles appear in the film, have them addressed at the tinting location within 24 hours to avoid wrinkling. Keep a high-absorbency microfiber cloth in the car for cleaning. Avoid hanging suction cup accessories on the windows for the first month, and wait 2 to 3 weeks before washing the windows.
14
3
Share

What are the models of Honda's pure electric vehicles?

Clarity series is Honda's hydrogen fuel cell electric vehicle (abbreviated as Honda FCV). Currently, Clarity models are only available in Japan, but this series is expected to be introduced to the domestic market in the future. In addition to the Clarity-Fuel-Cell, Honda will also launch the Clarity pure electric EV and plug-in hybrid Plug-in-Hybrid models. Here are the detailed introductions: 1. Electric vehicles: Electric vehicles (BEV) refer to vehicles that use on-board power as the driving force, use motors to drive the wheels, and meet all the requirements of road traffic and safety regulations. Due to their relatively smaller environmental impact compared to traditional vehicles, their prospects are widely optimistic, but the current technology is not yet mature. Working principle: Battery -- current -- power regulator -- motor -- power transmission system -- drives the car to move (Road). 2. Types of electric vehicles: pure electric vehicles (BEV), hybrid electric vehicles (HEV), and fuel cell electric vehicles (FCEV).
17
3
Share

How to Solve Car Engine Overheating?

Solutions for car engine overheating: 1. Add coolant: If the antifreeze leakage is caused by looseness, you can choose to wrap the damaged pipe with a rope or plastic bag. If you want to add antifreeze at this time, you must wait for the coolant temperature to drop before adding antifreeze; 2. Check the electric fan: If the water temperature rises to the red line and the fan does not rotate, open the hood and let the engine stand for half an hour until the temperature drops, then proceed with inspection and repair. The normal operating temperature of a car engine is between 85 and 105 degrees Celsius, which refers to the internal temperature of the engine. Below 85 degrees, gasoline atomization is poor, lubricating oil fluidity is poor, the engine is prone to wear, and performance is subpar; above 105 degrees, the engine is prone to overheating, and above 110 degrees, it will boil over.
18
1
Share

Can You Still Drive with Engine Failure?

It is best not to drive with engine failure. Causes of engine failure: 1. Deteriorated engine oil; 2. Dirty intake pipes; 3. Clogged air filter; 4. Lack of regular maintenance; 5. Rust and scale in the radiator; 6. Poor cooling system; 7. Issues with fuel system maintenance; 8. Sludge in the crankcase. Solutions for engine failure: 1. Clean the engine; 2. Use higher-grade gasoline; 3. Clean the fuel system with a fuel system cleaner; 4. Regularly clean the radiator with a radiator cleaner. Symptoms of engine failure: 1. Abnormal lubricant consumption; 2. Engine overheating; 3. Strange odors in the engine compartment; 4. Abnormal exhaust gas color.
20
5
Share

What to Do When the Engine Malfunction Light Stays On?

Solutions for a continuously illuminated engine malfunction light: 1. Clean the entire fuel system using fuel additives; 2. After engine cleaning, use higher-octane gasoline; 3. Improve fuel cleanliness by using high-quality fuel additives; 4. Replace the catalytic converter. Reasons for the engine malfunction light staying on: 1. Poor quality or substandard gasoline; 2. Faulty oxygen sensor; 3. Malfunctioning air flow sensor; 4. Spark plug carbon buildup; 5. Engine knocking; 6. Engine misfire. Engine maintenance methods: 1. Use high-quality engine oil; 2. Regularly clean radiator scale; 3. Maintain appropriate RPM levels; 4. Use qualified coolant.
17
2
Share
Cookie
Cookie Settings
© 2025 Servanan International Pte. Ltd.