People who know cars only buy three kinds of insurance. After reading the article
With the popularity of automobiles, automobile insurance services are becoming increasingly detailed and comprehensive.
Nowadays, there are many kinds of automobile insurance, such as compulsory traffic insurance, automobile damage insurance, third party liability insurance, basic insurance, automobile personnel liability insurance, vehicle theft and rescue, glass breakage, scratch risk and so on. People who don’t know how to do it and won’t buy it look like clouds and mists. So what kind of insurance are necessary for us? How can we buy car insurance to be economical and cost-effective? Let’s have a look.
I. Vehicle Damage Insurance
The insurance company shall compensate the insured or his permitted driver for the damage caused by an insurance accident while driving the insured vehicle within a reasonable range. However, in many cases, car damage insurance is not insured. Such as automobile spontaneous combustion, scratches on the body, broken glass and engine damage caused by vehicle immersion and the owner’s re-ignition.
Apart from others, we need to protect ourselves, especially our car. Among many kinds of insurance to protect their own car, the choice of car damage insurance is enough. Because the vehicle damage insurance can basically cover more than 90% of the loss of their own vehicles, the rest are small probability events. Particular attention should be paid to: the number of car damage insurance claims affects the insurance premium of next year’s car insurance, if it is a small scratch, do a good job, do not report claims, in order to avoid rising next year’s premium, which is not cost-effective.
Second, Third Party Liability Insurance
From the point of view of importance, the third party liability insurance is the first choice for commercial automobile insurance, and its compensation amount is also based on the insurance amount, which is responsible for compensation for losses other than their own and their own vehicles; that is to say, if they collide with others, they can use the third party liability insurance to pay a certain amount of compensation.
In terms of insurance coverage, first-tier cities such as Beisheng and Guangzhou need to invest more than 1 million yuan to meet the current needs. The insurance coverage of second-tier and third-tier cities of 500,000 yuan is almost enough, of course, this is only my personal suggestion!
III. Traffic Compulsory Insurance
The so-called compulsory insurance is compulsory by the state. Vehicles without compulsory insurance can not go on the road. If found not to hand in compulsory insurance, it will face a fine of twice the premium of compulsory insurance, and the car will be withheld.
The main guarantee is the liability for traffic accidents. Insurance companies are responsible for compensation for the loss of life or property caused by the insured vehicles. At most, they can only pay 120,000 yuan. When the owners are responsible, the compensation limit for death and disability is 110,000 yuan; the compensation limit for medical expenses is 10,000 yuan; and the property loss limit is 2,000 yuan. If it is an irresponsible act in an accident, the compensation limit for death, disability and disability is 11,000 yuan, the compensation limit for medical expenses is 1,000 yuan, and the compensation limit for property losses is 100 yuan. The loss of one’s own vehicle needs to be purchased separately.
Therefore, the above three types of insurance must be purchased. Of course, if the salesman recommends other types of insurance to you, you can also choose to buy or refuse directly in your own financial situation.