When choosing the third party liability insurance, you need to consider the choice of coverage, but not everyone is clear about how much to buy.

1. Concept of tripartite insurance

If a traffic accident occurs during the driving of the insured vehicle, which causes injury or property damage to a third party, the insured needs to compensate the third party according to law, and the insurance company will help the insured to compensate the third party according to the contract. Generally speaking, it is a supplement to compulsory traffic insurance.

2. Necessity of third-party insurance

When it comes to the necessity of three party insurance, some people will not care. They think that compulsory traffic insurance should be enough, because they have not considered it at all. What should we do if we hit a luxury car? The amount of compensation is huge in case of hitting someone! Therefore, we must not underestimate the third-party liability insurance.

3. Amount of tripartite insurance

How much is the amount of third-party liability insurance appropriate? Generally, the available levels are 100000 yuan, 150000 yuan, 200000 yuan, 300000 yuan, 500000 yuan, 1 million yuan, 1.5 million yuan, 2 million yuan, and 3 million yuan or more. The third party liability insurance mainly covers both personal injury and material damage.

(1) Human injury

When a traffic accident causes casualties, the compensation demanded by the victim generally includes medical expenses, nursing expenses, lost wages, death compensation, and living expenses of the dependents. The last two items account for a large proportion. In addition to medical expenses, if the victim has more than one child to support, it is possible to pay 2 million yuan. At present, it is generally recommended to insure more than 3 million yuan.

(2) Material damage

Damage to third party property and objects caused by traffic accidents, such as crashing someone's car, is a common form. In case of luxury cars worth tens of millions, the maintenance cost of the third party may be millions.

So on the whole, don't underestimate the importance of insurance coverage. If you can't save, don't save. Buy enough insurance coverage just in case.

Company: PICC Property and Casualty Company Limited Wenzhou Dongtou Branch

Tel.: 0577-63483462

Address: No. 65, Chezhan Road, Bei'ao Street, Dongtou District, Wenzhou

Disclaimer: There are risks in the market, so you should be careful! This article is for reference only, not for sale

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Disclaimer: There are risks in the market, so you should be careful! This article is for reference only, not for sale basis.