Bao Viet Car Insurance Rates: Quick and Detailed Lookup

Bao Viet Car Insurance Rates: Quick and Detailed Lookup

13/02/2025
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Anh Tuan, a long-time truck driver residing in Cau Giay district, knows every nook and cranny of Nguyen Trai, Le Van Luong, and Tran Duy Hung streets. Being cautious, he always purchases compulsory TNDS (Third-party Liability) insurance annually. However, last year, while delivering goods to Hoai Duc, he had a minor collision with a motorbike, severely damaging his truck. Since he only had compulsory insurance, he had to pay for the repairs out-of-pocket, incurring significant expenses. Since then, Anh Tuan has always advised others to purchase additional physical damage insurance, also known as hull insurance, to protect their finances from unforeseen risks.

So, what’s special about Bao Viet car insurance rates? Where can you buy reliable and affordable car insurance? Let’s delve into the details with Hanoi Trucks in the article below!

What is Car Physical Damage Insurance?

Car physical damage insurance covers the cost of repairing or replacing your vehicle in the event of accidents, collisions, fires, natural disasters, and other covered perils.

Advantages:

  • Reduces financial burden in case of vehicle damage
  • Provides peace of mind while driving, allowing you to focus on your business
  • Simple and fast insurance purchase process

Disadvantages:

  • Requires an annual insurance premium payment
  • Premium rates can vary depending on vehicle type, value, and coverage scope

Bao Viet Car Insurance Rates 2023

Bao Viet offers various car physical damage insurance packages with flexible rates to suit individual customer needs.

Reference Pricing Table:

Insurance Package Coverage Premium (Reference)
Basic Car Insurance Covers damages caused by accidents, collisions, fire, natural disasters, etc. 1.5% – 2.5% of vehicle value
Extended Car Insurance Additional coverage for incidents like part theft, flooding, water damage, etc. 2% – 3% of vehicle value
VIP Car Insurance Comprehensive coverage with attractive benefits Negotiable

Note:

  • Actual premium rates may vary depending on vehicle type, value, area of operation, and your insurance history.
  • For the most accurate quote, please contact the Hanoi Trucks hotline or visit our website https://xetaihanoi.edu.vn

Factors Affecting Car Insurance Premiums

  • Vehicle Type: Trucks, dump trucks, and tractor-trailers typically have higher premiums than cars due to their larger size and higher risk of accidents.
  • Vehicle Value: The higher the vehicle’s value, the higher the insurance premium.
  • Area of Operation: Vehicles operating in large, congested cities like Hanoi and Ho Chi Minh City usually have higher premiums due to the increased risk of collisions and accidents.
  • Insurance History: Customers with a good insurance history and fewer accidents will enjoy preferential premium rates.

Truck accident with a motorbikeTruck accident with a motorbike

Frequently Asked Questions about Bao Viet Car Insurance Rates

1. Where can I buy reputable car insurance?

You can purchase car insurance from reputable insurance companies such as Bao Viet, PVI, PTI… Or contact Hanoi Trucks for advice and assistance in choosing the most suitable insurance package.

2. Is the car insurance purchase process complicated?

The car insurance purchase process is quite simple. You only need to prepare some basic documents such as vehicle registration, ID card, etc.

3. Where should I buy car insurance?

Choosing to buy car insurance at Hanoi Trucks, you will receive many benefits such as:

  • Advice from a team of experienced professionals
  • Comparison of insurance premiums from many reputable insurance companies
  • Quick and convenient insurance purchase process support
  • Enjoy many attractive offers

Hanoi Trucks – Your Trusted Partner for Reliable and Professional Car Insurance Services

With years of experience in the trucking industry, Hanoi Trucks is proud to be a trusted partner of many truck manufacturers and major truck dealers in Hanoi such as:

  • Thaco Truong Hai Truck Dealer, Address: Km14, National Highway 1A, Ngoc Hoi, Thanh Tri
  • Hyundai Dong Do Truck Dealer, Address: No. 386, Nguyen Van Linh, Long Bien
  • Isuzu Vietnam Truck Dealer, Address: No. 188, Nguyen Xien, Thanh Xuan

In addition, Hanoi Trucks also provides a variety of other services such as:

  • Buying and selling used trucks
  • Supplying genuine truck parts
  • Truck repair and maintenance

Hanoi Truck DealershipHanoi Truck Dealership

Contact Hanoi Trucks now for the best advice and quotes!

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