I think that even car-free people like me can understand some types of car insurance, such as forced insurance motor vehicles, and they can now autonomously choose third-party liability insurance. Understanding the classification of auto insurance insurance should be the vehicle safety course that most vehicle owners or prospective owners must do. Therefore, Xiao Bian will be here to sort out the categories of vehicle insurance that should be known.

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First, the famous compulsory insurance and strong insurance. Its full name of motor vehicle accident accident liability insurance I think not many people in the insurance industry can completely complete the narrative. But it is the most basic and important vehicle insurance. It is defined as the compulsory liability insurance for the compensation of the personal and property damage caused by the insured company to the insured vehicle during the road traffic accident. Premiums vary according to the accident liability situation.

Second, often mentioned vehicle damage insurance. If it is said that the payment of compensation for the strong insurance is a loss of man-made accidents, then the vehicle loss insurance will bear the damage caused by natural and accidental factors to the vehicle. As the main insurance product in the automobile insurance industry, if your car forgets to insure the vehicle for loss insurance, then the accidental collision of the vehicle can only be your own choice. Of course, depending on the condition of the vehicle, it may be considered whether or not to insure. For example, a quasi-eliminated vehicle with low maintenance cost is more cost-effective than choosing a premium or repairing itself. At the same time, it should be noted that vehicle loss insurance is also a precondition for the insurance coverage of other types of insurance. If you want to insure vehicles that do not include liability insurance, you must first insure the vehicle for loss insurance, because the former is the additional risk of the latter.

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Third, third party liability insurance of one of the major types of insurance. As the name suggests, the insurance is insured by a third party, that is, personal and property damage of another person. He is the most practical type of insurance, and it is also a mandatory requirement of the government.

Fourth, other types of insurance introduced. In addition to the three major types of insurance mentioned above, the driver’s passenger accidental injury insurance is aimed at the passengers and drivers’ casualties caused by traffic accidents. This item is used for passenger cars of different sizes and individuals are rarely insured. Spontaneous combustion loss insurance is usually targeted at vehicles that have spontaneous combustion due to aging and other factors. Full vehicle robberies are responsible for losses caused by theft or robbing of vehicles. Such insurance can be based on the safety of vehicles parked in places for insurance.

The auto insurance business has become more and more abundant as it has become more and more highly segmented. Although it can not be fully familiar with, but hope that this article can still provide the majority of owners with some common car insurance knowledge.


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