Vehicle Damage Insurance
Responsible for compensation for the vehicle itself due to natural disasters or accidents. This is the most important type of vehicle insurance. Whether to insure or not to insure this type of insurance needs to be weighed against its impact. If you don't, you'll have to pay for all the repairs after a collision.
Third Party Liability Insurance
It is responsible for compensating for the bodily injury or death of another person (i.e., the third party) or the direct damage to property caused by an accident that occurs while the insured vehicle is in use. Crashing into a car or a person is the most frightening thing when driving, not to mention the loss of one's own car, but also to spend a large amount of money to compensate for the loss of others. Because compulsory insurance (2008 version) in the third party medical expenses and property damage on the compensation is low, in the purchase of compulsory insurance can still consider purchasing third party liability insurance as a supplement.
Total car theft insurance
It is responsible for compensating the total loss of the insured vehicle due to theft, robbery and snatching, as well as the loss caused by the damage to the vehicle or the loss of its parts and accessories during the period. After the loss of the vehicle, you can get 80% of the actual value of the vehicle (subject to the policy agreement) from the insurance company. If the insured person is missing the keys to the vehicle, he/she will only receive 75% of the compensation.
Car Liability Insurance
It is responsible for the compensation of personal injury or death of the car occupants and direct damage to the goods carried in the car caused by an accident of the insured vehicle. The liability for bodily injury or death of the occupants of the vehicle is what used to be known as the Driver and Passenger Accident Insurance (DPAI).