Is it okay to buy only compulsory insurance for the second year of car insurance?

Is it okay to buy only compulsory insurance for the second year of car insurance?

How to buy insurance for the second year of the car? Today a fan asked me such a question about a similar problem, in fact, in 2020, I shared a lot, then share especially much dry knowledge of buying a car, the past few years thought that we all understand, so I said less.

Both friends want to understand, that is, there is still a part of the friends have a certain demand for knowledge of the car, so I will say it again, to popularize it.

For the second year of auto insurance, you can buy it based on the first year's program. But be careful in your program selection and buy only what you need.

First of all, the compulsory insurance and vehicle tax is certainly to buy, there is no doubt, do not bother, because you do not buy, can not go on the road. Secondly, the choice of commercial insurance is very delicate.

I would recommend getting 3 types of insurance, the first being car damage insurance. Nowadays, car damage insurance includes water-related insurance, glass insurance, deductible, theft insurance, and so on. To prevent being fooled, you should only buy one car damage insurance.

Second, the third party liability insurance, this insurance is also good to understand, I do not explain, I will say the amount of coverage. A lot of 4s stores are fooling you to buy 3 million or 2 million, which in fact is completely unnecessary, generally you buy a 1 million is already enough to use, unless you live in a high-end neighborhood, surrounded by millions of luxury cars, otherwise there is no need for this. As you get better at driving, you'll end up with a 500,000 and that's good enough. You can save a lot of money here, so buy according to your reality.

Third, the car occupant insurance. The driver and passengers and seat insurance are bought, this insurance is to protect in case of traffic accidents, so that you are less accompanied, to increase their own anti-risk ability to use. This kind of insurance is not much money, but very important.

Above all, it is the second year, or even look at the way car owners buy insurance. Just pick the type of insurance to get quotes from insurance companies.

You can only buy compulsory insurance, driver's insurance is the car people, this can also be. The previous year's insurance, the compensation did not exceed the premium, the next year's premiums need to pay just no discount, the specific algorithm is quite complex, it is best to consult the insurance company as appropriate.

Compulsory insurance is required by law. This is the third party insurance up to 180,000 yuan. Third-party liability insurance is a reinforced version of compulsory insurance can choose to insure 1 million, so that the general situation can cope with, car damage insurance is to insure their own vehicles, it is best to buy a car insurance to insure their own car drivers and passengers.