Anh Tuan, a Dongfeng B180 truck driver operating between Tu Liem and Ha Dong, takes pride in his “rice bowl” – his truck. He meticulously maintains it at Tien Phat Auto Repair on Nguyen Trai Street and adheres to traffic regulations. However, misfortune struck on a rainy day while delivering goods to Son Tay. His truck skidded and collided with a motorbike. Fortunately, no one was seriously injured, and the truck sustained minor damage. Anh Tuan was relieved he had purchased a one-year truck insurance policy, saving him a significant amount on repairs. Anh Tuan’s story highlights the importance of truck insurance, especially annual coverage.
One-year truck insurance requires a single, upfront payment to cover your vehicle for a full year. If an accident or covered incident occurs during this period, the insurance company will cover repair or replacement costs as stipulated in the policy.
| Coverage Type | Vehicle Value | Estimated Premium |
|---|---|---|
| Compulsory Third-Party Liability Insurance | All Vehicles | As regulated by the Ministry of Finance |
| Physical Damage Coverage | Under 1 Billion VND | From 1.5% of vehicle value |
| Over 1 Billion VND | From 1.3% of vehicle value | |
| Passenger Accident Coverage | Based on seating capacity and liability level |
Note: Actual premiums may vary depending on the insurer, vehicle type, year of manufacture, and operating region.
Dongfeng B180 Truck
Tien Phat Auto Repair Garage
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