Which types of car insurance are the most practical to purchase?
3 Answers
Car insurance The most practical types to purchase are vehicle damage insurance, third-party liability insurance, no-deductible special coverage, and compulsory traffic insurance. Vehicle Damage Insurance: Vehicle damage insurance provides compensation for losses to your own vehicle. The premium for this insurance is closely related to the purchase price and the number of seats in the car. The higher the car's value, the higher the premium. Third-Party Liability Insurance: Like compulsory traffic insurance, third-party liability insurance compensates the injured third party, essentially serving as a supplement to compulsory traffic insurance. No-Deductible Special Coverage: In the event of an insurance claim under vehicle damage insurance or third-party liability insurance, this coverage compensates for the deductible amount that the policyholder would otherwise have to bear. Compulsory Traffic Insurance: Traffic regulations require that every car must pay an annual fee, which is the compulsory traffic insurance. If this insurance is not purchased, driving on the road without it can result in fines and penalty points upon inspection. Additionally, after purchasing compulsory traffic insurance, an insurance label is provided, which must be displayed on the car's front windshield. Failure to display this label can also result in fines and penalty points.
I've been driving for over a decade and have considerable experience with car insurance. The most practical types of coverage are compulsory traffic insurance, third-party liability insurance, vehicle damage insurance, and no-deductible coverage. Compulsory traffic insurance is mandatory by law—without it, you'll face fines and won't be allowed on the road. Third-party liability insurance is especially crucial; if you accidentally hit someone or another car, it makes compensation much easier. A friend of mine once got into trouble because their third-party coverage was insufficient and had to pay tens of thousands out of pocket. Vehicle damage insurance covers your own car's losses—last year, my car was scratched while parked, denting the door, and the repair cost over 2,000 yuan, which insurance fully reimbursed. No-deductible coverage adds peace of mind by reducing the deductible you’d normally pay during claims. I also added glass coverage since city driving makes windows prone to damage, making repairs hassle-free. Altogether, this combination offers comprehensive protection while being cost-effective, ensuring worry-free driving.
As an average office worker, I prioritize cost-effectiveness when buying car insurance. The recommended practical coverage includes compulsory traffic insurance, third-party liability insurance, vehicle damage insurance, and no-deductible coverage. Compulsory traffic insurance is mandatory by the state and cannot be skipped. For third-party liability insurance, I opt for at least 1 million coverage, so I won't feel the pinch in case of an accident. Vehicle damage insurance is great for new or relatively new cars, covering repair costs—I once had a minor scrape that cost 700-800 yuan to fix, and the insurance covered it. No-deductible coverage makes claims smoother and saves unnecessary expenses. Other options like theft insurance are worth considering if you live in a big city or park in unsafe areas, but otherwise, you can skip them. This combination is both safe and economical, and there's no need to buy all those additional coverage types.
