Do you only buy car insurance for the mandatory coverage?

Do you only buy car insurance for the mandatory coverage?

It has been 2022, there are still a lot of friends do not know how to buy car insurance is the most cost-effective, spend a lot more money, today we take two policies to tell you about the
First of all, compulsory insurance must be purchased, do not buy can not go on the road, but the compulsory insurance coverage is only a poor 200,000, the occurrence of a slightly larger traffic accidents, we have to pay out of pocket.
So, we need to purchase commercial insurance as a supplement, let's look at the first policy, this friend has purchased vehicle occupant liability insurance, the cost of the driver and passengers totaled $213, and also purchased the third party 2 million and car damage insurance, I think it is already fully insured, but I recommend replacing the vehicle occupant liability insurance with driver's license insurance, and as for why, let's look at the next policy.
This friend purchased car damage insurance 3 million for a triple, driver's liability insurance 79 with 30,000 coverage, passenger liability insurance 30,000 per seat with a premium of 311, and spent $390 just on the vehicle's occupant liability insurance.
What I did not expect is that the insurance company also added the friend of the driving insurance, obviously you can see that the driving insurance coverage is higher, accidental injury medical care up to 300,000, accidental death and disability and 300,000, as well as accidental hospitalization allowance, no matter in the process of driving, or outside the car in the event of an accident, can be compensated, but the premiums are only less than 400 bucks, compared to the car personnel The premium is less than $400, which is much more cost-effective than the vehicle occupant liability insurance.
However, in this policy, this friend has purchased both vehicle occupant liability insurance and driver's insurance, which costs him nearly $400 more. In fact, we can just purchase the driver's insurance with a higher coverage because in the event of a traffic accident, if there is any medical loss, according to the principle of non-profit making, the total reimbursement of the two types of insurance should not be more than the actual expenses incurred.
Many friends are entangled in whether or not to purchase liability insurance for medication outside of health insurance? Xiao Zeng think there is no need, social security catalog within the two categories of oil, including Class A drugs 100% reimbursement, Class B need to be self-funded 10%-50%, medical insurance outside the drug refers to Class C drugs, and traffic accidents with the drug is mainly Class A and Class B, Class C drugs used very little, the specific reasons why we look at the screenshot after looking at this picture.
So, the only auto insurance we need to buy is compulsory insurance car damage insurance 2 million for the third party, and driver's insurance. When you meet a salesman who adds both driver's and passenger's insurance, just choose one of them.

Cars can only buy compulsory insurance, but some accidents compulsory insurance payout is very low, it is best to buy some other commercial car insurance.

Auto insurance has two types of compulsory insurance and commercial insurance, compulsory insurance is required to buy, and commercial insurance is everyone according to their own needs to buy, compulsory insurance compensation refers to the insured motor vehicle road traffic accidents caused by the car, the insured other than the victims of personal injury or death, property damage, by the insurance company according to law, in the motor vehicle traffic accidents liability insurance liability limit range to be compensated.

The do's and don'ts of car insurance and key things to know:

There are also a variety of exemption provisions for compulsory insurance, such as the damage caused by traffic accidents intentionally caused by the victim, the damage suffered by the property owned by the insured and the property on the insured motor vehicle, the arbitration or litigation costs incurred as a result of traffic accidents, and other related costs, and so on. From these provisions, it is easy to see that the scope of compensation of compulsory insurance for automobiles is subject to certain restrictions, and its compensation limit is also very low.

To ensure the safety of people and cars, if you only buy compulsory insurance, once the insurance coverage at some point in time is not enough, the family bought a car but usually rarely drive the owner, you can first buy only compulsory insurance, to drive trips or frequent use of the car before, and then make up for the purchase of commercial insurance, in addition, ready to sell the car owner can also buy only compulsory insurance.

For car owners who have purchased their cars for a longer period of time, it is recommended that they purchase car damage insurance, third party liability insurance (with a limit of not less than 300,000 yuan), vehicle personnel liability insurance, and non-deductible special insurance when buying commercial insurance. You can also consider purchasing theft insurance, separate glass breakage insurance, spontaneous combustion damage insurance, etc. according to your driving situation, car model, and the newness of the vehicle.

Above reference: Baidu Encyclopedia - Vehicle Insurance

You can go to the insurance company counter to buy, usually buy a separate compulsory insurance some salesmen are not given to handle.

According to article 10 of the Regulations on Compulsory Insurance for Motor Vehicle Traffic Accident Liability, "When taking out an insurance policy, the policyholder shall choose an insurance company that is qualified to engage in the business of compulsory insurance for motor vehicle traffic accident liability, and the chosen insurance company shall not refuse or delay in underwriting the policy."