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Comprehensive Car Insurance: A Smart Choice for Your Vehicle

LONG

09/02/2025

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Car

Mr. Nguyen Van Tuan, owner of a building materials store on Nguyen Trai Street, Thanh Xuan District, Hanoi, has always been proud of his “sturdy” Hyundai Porter truck, a loyal companion for the past 5 years. The truck was like a trusted “friend,” helping him transport goods to construction sites big and small throughout the city. However, one day, while driving on Pham Hung Street, Mr. Tuan’s truck was suddenly hit by a motorbike running a red light.

Fortunately, Mr. Tuan was unharmed, but his truck suffered significant damage. Looking at his motionless “companion,” Mr. Tuan couldn’t help but feel heartbroken. Luckily, he had purchased comprehensive car insurance. Thanks to that, the insurance company covered a portion of the repair costs, easing his financial burden. From then on, Mr. Tuan understood the saying “prevention is better than cure,” especially for his “bread and butter” truck.

What is Comprehensive Car Insurance?

Comprehensive car insurance, also known as physical damage insurance, is a voluntary type of motor vehicle insurance. With comprehensive coverage, the vehicle owner will be compensated by the insurance company for physical damage to their vehicle caused by accidents involving their own vehicle or a third party.

Why Should You Buy Comprehensive Car Insurance?

Comprehensive car insurance offers many practical benefits, providing peace of mind while driving:

Reduces Financial Risk: In the event of an accident, the insurance company will help cover part or all of the vehicle repair costs, easing your financial burden.
Peace of Mind While Driving: You’ll feel more secure while driving, no longer having to worry too much about unexpected risks.
Protects Your Legal Rights: In case of disputes related to traffic accidents, the insurance company will assist you in protecting your legal rights.

Cases Covered by Comprehensive Car Insurance

Comprehensive car insurance covers the following cases:

Accidents caused by collisions with other vehicles.
Self-inflicted accidents such as rollovers, collisions with poles, trees, etc.
Fire or explosion of the vehicle.
Theft of vehicle parts or the entire vehicle.
Natural disasters: storms, floods, lightning strikes, etc.

Types of Vehicles That Should Have Comprehensive Insurance

Most vehicles should have comprehensive insurance, especially:

Trucks: Due to the nature of their work, which often involves traveling on various routes, trucks have a higher risk of accidents than other vehicles.
New Cars: New cars usually have a high value and more expensive repair costs.
Vehicles Frequently Driven in Crowded Areas: The risk of traffic accidents in densely populated areas with high traffic density is significant.

Truck with comprehensive insurance coverage.

Comprehensive Car Insurance Price List

The price of comprehensive car insurance depends on many factors such as vehicle type, vehicle value, area of operation, insurance liability limit, etc. Below is a sample comprehensive car insurance price list from some reputable insurance companies:

Insurance Company	Liability Limit	Estimated Price (VNĐ)
PTI Insurance	100 million VND	1,500,000 – 2,000,000
Bao Viet Insurance	200 million VND	2,500,000 – 3,500,000
Liberty Insurance	500 million VND	4,000,000 – 5,500,000

Note: The above price list is for reference only. For accurate insurance premiums, you should contact insurance companies or reputable car insurance agents directly.

Important Notes When Buying Comprehensive Car Insurance

Choose a Reputable Insurance Company: Select large, reputable insurance companies trusted by many people.
Carefully Compare Insurance Packages: Each insurance company offers various packages with different premiums and benefits. Compare carefully to choose the package that best suits your needs and financial capabilities.
Read the Insurance Terms Carefully: Before signing the contract, thoroughly read the insurance terms, especially the exclusion clauses.

Frequently Asked Questions about Comprehensive Car Insurance

Is Comprehensive Car Insurance Mandatory?

Comprehensive car insurance is voluntary and not mandatory. However, to ensure financial security and minimize risks while driving, you should purchase comprehensive insurance for your car.

Does Comprehensive Insurance Cover Passengers?

Comprehensive car insurance only covers physical damage to the vehicle. To insure passengers, you need to purchase passenger accident insurance.

When Should I Buy Comprehensive Car Insurance?

You should buy comprehensive car insurance as soon as you purchase a vehicle.

What is the Procedure for Buying Comprehensive Car Insurance?

You can purchase comprehensive car insurance directly at the transaction offices of insurance companies or through car insurance agents.

Purchasing comprehensive truck insurance.

Where to Buy Reputable Comprehensive Car Insurance?

If you are looking for a reputable place to buy comprehensive car insurance in Hanoi, come to Xe Tai Ha Noi.

Xe Tai Ha Noi is an authorized agent of many reputable car insurance companies such as PTI Insurance, Bao Viet Insurance, Liberty Insurance, etc.

We are committed to providing our customers with:

Genuine, high-quality insurance products.
The most competitive prices on the market.
Fast and professional procedures.
Dedicated and thoughtful consulting services.

Conclusion

Comprehensive car insurance is a solid financial “shield,” providing peace of mind while driving. We hope this article has provided you with useful information about comprehensive car insurance. If you have any further questions, please leave a comment below or contact Xe Tai Ha Noi directly for detailed advice.