What is the need for car insurance?

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Basic of vehicle insurance

Auto insurance is an insurance product for vehicle problems. Insurance will be paid if you hit your car or if you are the victim of a car theft. You can choose from multiple types of auto insurance, from the general type (full coverage type, general conditions, etc.) with broad coverage to the limited type (economy type, distance between vehicles + A, etc.). It is common to reduce to the minimum range.

General car insurance covers a wide range of areas, including leaks and individual accidents. The appeal of general car insurance is that it fully covers repair costs in the event of problems like not being able to get into the garage or breaking lights or bumpers. On the other hand, limited-type auto insurance has limited coverage and lower insurance premiums than general-type insurance. Be aware that uncompensated accidents such as escape accidents and one-person accidents can occur.

Auto insurance generally depends on the condition of the vehicle, such as the date and model of the initial vehicle registration, annual mileage, age, gold license status, and the status of the insured of record. In addition, the insurance premium varies according to the amount of insurance that is established, and the higher the established amount, the higher the insurance premium.

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