How to buy insurance for a new car?

As for vehicle insurance, it consists of compulsory insurance and commercial insurance. Compulsory insurance is compulsory and must be purchased. For commercial insurance, you can choose different types of insurance. According to the types of commercial insurance, it includes a series of insurance types, such as third party insurance, spontaneous combustion insurance, water-related insurance, car damage insurance and scratched glass insurance. Judging from the spontaneous combustion insurance in commercial insurance, this is a special insurance for internal combustion engines of fuel vehicles.

Although there are many types of auto insurance, it can generally be divided into two parts, namely compulsory insurance and commercial insurance. Commercial insurance can be divided into two categories: basic insurance and additional insurance.

Basic insurance mainly includes: vehicle loss insurance, third party liability insurance, vehicle personnel liability insurance and vehicle theft and rescue.

1. Additional risks mainly include: glass breakage insurance, water-related insurance, spontaneous combustion insurance and deductible insurance.

2. Pay compulsory insurance

The full name of compulsory insurance is motor vehicle traffic accident liability compulsory insurance, which is compulsory insurance that must be purchased according to national laws and regulations.

3. Third party liability insurance

Third-party liability insurance is a kind of insurance that covers the danger of direct damage to the person and property of a third party after a traffic accident by the insured or a qualified driver allowed by the insured. Simply put, the third party liability insurance is the insurance that pays compensation to the injured third party. Its insurance rate is as high as 99%.

4. Vehicle loss insurance

Vehicle loss insurance refers to an insurance in which the insurer needs to pay corresponding compensation when the insured vehicle suffers from natural disasters and accidents within the scope of insurance liability, resulting in damage to the insured vehicle.

5. Vehicle personnel liability insurance

Personnel liability insurance on board is also called seat insurance. It refers to the insurance that the insured or its licensed qualified driver has a traffic accident in the process of driving an insurance vehicle, resulting in casualties of passengers in the vehicle, and the compensation that should be borne by the insured according to law is compensated by the insurance company according to the insurance contract. An insurance company without deductible will have a maximum accident deductible of 20% according to the liability of the insured vehicle in the accident. Without deductible, part of the compensation that should have been borne by the insured will be transferred to the insurance company.