Insurance company: Car insurance means protecting property

Registering some kinds of voluntary insurance offered by trusted insurance company can help you and your family protect property when unexpected situations happen.

Insurance company: Car insurance means protecting property

Overview of car market

According to Vietnam Auto Manufacturer Association (VAMA), the total sales of the market till the end of September increase 53% compared with same period last year. Specifically, travel car increases 40%. In September, there are 12.789 travel car sold. If there are not be changes in taxation policy, fees, the domestic car market will grow significantly, especially in travel car sector. That means the car density will be more dense which requires driver be more careful.

Transport accident is still a disturbing problem in Vietnam. The statistics show that the average of the dead and injured caused by transport accidents are 30 – 35 people per day. Transport accident does not only cost a lot for treatment but it also cause loss in main income or even bankrupt due to compensation (without support of insurance company).

What kinds of insurance you should buy?

However, not many of those who are influenced by transport accidents are protected by insurance companies. A representative of an insurance company shared: “Many car owners only buy insurance for car due to saving reason and forget that human is the most important asset”.

Many experts from trusted insurance company shares that it is necessary to buy accident insurance for people seating in car and voluntary liability insurance for third party in addition to compulsory civil insurance and car insurance.

Once car owners use positive measures to protect their property and human lives, not only the driver but also people travelling on the street are protected.

Along with the material insurance for vehicle, voluntary civil liability insurance and personal accident insurance are 2 products recommended to buy by insurance company. In fact, both products have wide coverage and risks are excluded in the most reasonable ways.