I would like to share with you how to make an informed choice when buying car insurance. Did you know?There are four types of insurance that every car owner must know about to ensure that you are fully covered in the event of an unforeseen situation.
First, let's take a look at compulsory liability insurance. This is a necessary component of vehicle insurance and is required for every car owner. According to the regulations, if you don't buy compulsory insurance, your car can't be licensed. Moreover, if the traffic police find out that you do not have compulsory traffic insurance, your driver's license will be deducted points, and you will also be fined. Therefore, it is the responsibility and obligation of every car owner to correctly paste the logo of compulsory traffic insurance.
Then there is third party liability insurance. Nowadays, there are more and more luxury cars on the road, and if you accidentally hit a luxury car, you may need to pay a large amount of money in compensation. This is where third-party liability insurance comes in handy. When the traffic police determine that your car is responsible in an accident, this insurance can provide you with financial compensation for the property damage caused by the accident.
Next up is car damage insurance. This is an important form of insurance that protects your own vehicle. Whether your car is in an accident while driving or parking, such as being scratched or hit on a fixed object, car damage insurance will provide compensation for the damage to your vehicle. With car damage insurance, you don't have to bear the financial burden caused by the accident yourself.
Finally, let's talk about the importance of not counting deductibles. This is an add-on insurance that is designed to ensure that you are fully compensated. If you don't have deductible insurance, the insurance company will only compensate you for 80% of your losses in the event of a traffic accident, and you will have to pay for the remaining 20% yourself. Therefore, in order to protect your rights and interests, it is very necessary to purchase deductible insurance.
AI Assistant Creation Season Overall, as an experienced driver, I highly recommend that you choose these four key types of insurance when purchasing car insurance. They provide you with comprehensive coverage while avoiding wasting money on inconsequential insurance items. Let's make smart choices together, realize real value, and protect our rights.
That's all for me, what do you think?Welcome to leave a message in the comment area to discuss, I will try my best to answer your questions.