At present, motor vehicle insurance is divided into compulsory insurance, basic insurance and additional insurance. Among them, compulsory insurance is enforced by the state, with a maximum compensation of 60,000 yuan. Basic insurance includes vehicle loss insurance, commercial third party liability insurance, vehicle theft insurance and vehicle personnel liability insurance. Basic insurance can be purchased separately, and additional insurance must be selected on the basis of purchasing basic insurance. Additional risks include glass insurance, spontaneous combustion loss insurance and deductible insurance.
The insurance that car owners should buy includes commercial third party liability insurance. Due to the current high medical expenses and the need to pay more than 300,000 yuan after killing someone, the maximum compensation for compulsory insurance can only reach 60,000 yuan, which is far from being able to bear the economic burden caused by the accident. It is recommended that car owners buy insurance without deductible, otherwise, in the event of a traffic accident, the insurance company will only pay 80% of the total loss at most. There is no need to buy spontaneous combustion loss insurance for new cars, because during the warranty period, once spontaneous combustion occurs, the manufacturer is responsible.
Vehicle loss insurance: Vehicle loss insurance refers to the loss of the insured vehicle caused by natural disasters (excluding earthquakes) or accidents within the scope of insurance liability, and the insurer shall compensate the insured vehicle according to the provisions of the insurance contract.
Third-party liability insurance: Commercial third-party liability insurance refers to the insurer's accident, which causes personal injury or direct property loss to others, and the insurer makes compensation according to the provisions of the insurance contract.
Theft and rescue of the whole vehicle: responsible for compensating the personal injury and death of the people on the vehicle and the direct loss of the goods carried on the vehicle caused by the vehicle accident.
Glass separate insurance: other parts of the vehicle are not damaged during parking or use, only the glass is broken or broken separately, and the loss of glass is compensated by the insurance company.
Spontaneous combustion loss insurance: the loss of the insured vehicle caused by the failure of the vehicle circuit, line and oil supply system and the burning of the goods themselves.
Excluding the special risk of deductible: the insurance company is responsible for compensating the deductible borne by the insured in case of an insurance accident involving vehicle loss insurance or third party liability insurance.
Liability insurance for vehicle personnel: the insurance companies inside and outside the vehicle are responsible for compensation for the injuries caused by vehicle accidents.
References:
Baidu Encyclopedia-All Risks