Why do you need an insurer when buying a car?

In Taiwan, owning a car is not only a symbol of convenience, but also an improvement in the quality of life. However, when you decide to buy a car, there is an important question that is often overlooked, that is, "Why do you need a guarantor?" Imagine that youcovetedThe car is finally in hand, but is in trouble due to some details in the loan or contract. At this time, a reliable guarantor can become your guardian.

The role of the guarantor is not only to provide credit endorsement, but also topressureOr in case of emergencySafenet. In Taiwan, many banks and金融Institutions require loan applicants to provide a guarantor to reduce risks and ensure repayment ability. Choosing the right guarantor can help you obtain a loan more smoothly and reduce unnecessary troubles in the future.

Therefore, before considering buying a car, you might want to think about whether there is someone trustworthy around you who can serve as your guarantor. They can not only help you realize your dream of owning a car, but alsokeyProvide support and protection at all times. Choose wisely to make your driving journey smoother!

Table of Contents

• Why do you need an insurer when buying a car? Protect your car and wallet
• Why do you need an insurer when buying a car? In-depth analysis of Taiwan's auto insurance types and choices
• Why do you need an insurer when buying a car?expertTeach you how to plan your auto insurance portfolio wisely
• Why do you need an insurer when buying a car? Claims case analysis and frequently asked questions
• Frequently Asked Questions
• Summary

Why do you need an insurer when buying a car? Protect your car and wallet

Remember my first car buying experience? At that time, I was young and energetic.InsuranceIt is an extra expense, so save as much as possible. As a result, one rainy day, the road was slippery and the car accidentally hit a roadside electric pole, causing serious damage to the left side of the car. My feeling at that time was like a bolt from the blue! The repair costs were as high as hundreds of thousands, which was undoubtedly a heavy burden for me at the time. If I had insurance at that time, I could have at least alleviated a lot of经济pressure. This incident made me deeply realize the importance of car insurance. It is by no means a waste, but a necessary measure to protect your car and your wallet.

Taiwan's road conditions are complex, and road usage habits vary, so the probability of accidents is relatively high. According to statistics from the Automotive Research and Testing Center (ARTC)dataThere are a considerable number of traffic accidents in Taiwan every year, many of which cause vehicle damage and casualties. These losses often require huge amounts of money to make up for. Therefore, choosing the right car insurance can effectively reduce the economic losses caused by accidental risks, so that you can have more stable protection when facing emergencies.

Choose a carInsuranceWhen purchasing an insurance policy, don’t just look at the price, but also carefully evaluate the content of the policy. It is recommended that you refer to the relevant information released by the Consumer Protection Commission of the Executive Yuan to understand the insurance plans and claims procedures of different insurance companies. In addition, you can refer to the information of the Taiwan Property Insurance Association to compare the coverage of different types of insurance, such as compulsory insurance, third-party liability insurance, and vehicle damage insurance. After careful comparison, choose the policy that best suits your needs to truly realize yourInsuranceprotection function.

Don't let accidents become a burden in your life! Having comprehensive car insurance is like building a solid line of defense for your car and your wallet.

• Reduce financial risk:When an accident occurs, the insurance company will assist you in handling the claims and relieve your经济burden.
• Protect yourselfrights and interests : perfectInsuranceProtection can enable you to better protect your own rights and interests after an accident.
• Driving with peace of mind:With insurance protection, you can drive your car with greater peace of mind and confidence.

Start planning your car insurance now to protect your drivingSafeBe fully prepared!

Why do you need an insurer when buying a car? In-depth analysis of Taiwan's auto insurance types and choices

Remember the first time I bought a car? I was only in my early 20s at the time, and I was excited but had no idea what was going on.InsuranceHow to choose? The salesperson went on and on about various types of insurance, such as compulsory insurance, third-party liability insurance, theft insurance, and vehicle insurance... It made me dizzy. In the end, I hastily chose the option that "looked the best value for money". As a result, a few months later, my car was involved in a minor collision and the repair costs were far higher than I expected, but the insurance claim amount was far lower than the actual expenditure. That experience made me deeply realize that when buying car insurance, you can’t just look at the price, but you must also understand your own needs in order to truly protect your own rights.

There are so many types of auto insurance in Taiwan that it’s dizzying. According to statistics from the Financial Supervisory Commission of Taiwan, compulsory insurance is a type of insurance that all car owners must purchase to protect victims from personal injury and property loss. The third party liability insurance protects the car owner from the liability for losses caused to others due to accidents. As for body insurance, it covers damage to the vehicle itself, such as collision, fire, theft, etc. When choosing, it is recommended to consider your own budget and car usage habits. For example, car owners who often drive in urban areas can consider increasing the coverage of collision insurance, while those who park their vehicles on the roadside can consider adding theft insurance.

In addition to the common insurance types mentioned above, there are many additional insurances to choose from, such as:

• Passenger insurance: Protect passengers in the car from accidental injuries.
• driver injury insurance: Protect the driver from accidental injuries.
• Accident liability insurance：Guarantee the liability for losses caused to third parties due to accidents.

Although these additional insurances have higher premiums, they can provide more comprehensive protection. It is recommended that you carefully evaluate your needs and choose a combination of insurance products that suits you. Don't forget to refer to the foundationInsuranceConsumer Service Center provides many consumer protection resources to help you make wise choices.

Finally, don’t forget that choosing an insurance company is also a science. You can refer to the claims efficiency, service quality and customer reviews of each insurance company. For example, we can refer to TaiwanInsuranceWe can compare the claims of various insurance companies through Faith, Hope and Love, or refer to the claims cases of various insurance companies to evaluate their claims settlement speed and handling attitude. Remember, the purpose of insurance is to provide protection when risks occur. Choose the insurance that suits you.InsuranceOnly with a plan can you truly feel at ease on the road. Don't let saving money temporarily lead to greater losses in the future.

Why do you need an insurer when buying a car? Experts teach you how to plan your auto insurance portfolio wisely

Remember the first time I bought a car? I was young and energetic at that time, and I thought I was an excellent driver. Insurance? Waste of money! What's the result? I wasn't paying attention when turning and had a minor collision. The repair bill made me feel sad for several months. That experience made me deeply realize that insurance is not an unnecessary expense, but an important part of risk management. Especially in Taiwan, where road conditions are complex and accidents occur frequently, having comprehensive auto insurance coverage can effectively reduce economic losses and avoid making matters worse when an accident occurs. Don't let saving money temporarily cause a greater burden in the future.

Taiwan's auto insurance market offers so many choices that it's dizzying. But don’t worry! Smart planning can make the premiums worthwhile. According to statistics from the Ministry of Finance, there are a considerable number of traffic accidents in Taiwan every year, many of which cause vehicle damage and personal injury. Therefore, it is crucial to choose the car insurance package that suits you. It is recommended that you purchase at least compulsory insurance.lawThe basic protection stipulated can cover compensation for damage to the other party’s vehicle and personal injury. In addition, you can choose additional insurance according to your needs and budget, such as:

• Third liability insurance: Protects you from liability for losses caused to others due to accidents.
• theft insurance: Protect your car from theft.
• Body damage insurance: Protect your car from damage caused by accidents.

These additional insurances can provide more comprehensive protection, allowing you to travel with peace of mind.

Many people think that car insurance premiums are expensive, but in fact, by comparing differentInsuranceBy looking at the company's plans and taking advantage of some discounts, you can find the best deal. For example, some insurance companies offer discounts on premiums for drivers with clean records, orDiversityPayment methods allow you to plan your premium expenditure more flexibly. According to statistics from the Financial Supervisory Commission, the amount of auto insurance claims has been rising year by year in recent years, which also highlights the importance of purchasing auto insurance. Don't wait until an accident happens to regret it.

Don't let a momentary negligence cause irreparable losses. Choosing a car insurance combination that suits you is not only about protecting yourselfrights and interests, but also for family andsocietyresponsibility. Remember, insurance is not for compensation, but for risk prevention so that you can enjoy the fun of driving with peace of mind. It is recommended that you compare and consultprofessionOfInsuranceSalesman, find the car insurance plan that best suits you so that you can get the most complete protection when an accident occurs. Don't forget, safe driving is the most important thing!

Why do you need an insurer when buying a car? Claims case analysis and frequently asked questions

Remember the first time I bought a car? I was young and energetic at that time, and I thought I was an excellent driver. Insurance? Waste of money! What's the result? I wasn't paying attention when I turned and had a minor collision. Although the damage to the car was not serious, the repair costs and the insurance company's cumbersome claims process still caused me to lose a lot of time and money. This incident made me realize that buying a carInsurance, especially designating a beneficiary (guarantor), is definitely not an unnecessary expense, but a necessary risk management. Many people think that simply purchasing compulsory insurance is enough, but the scope of compensation for compulsory insurance is limited. Once a major accident occurs, such as injuring others and causing highMedicalIf the expenses or vehicle losses exceed the claim limit of compulsory insurance, the consequences will be disastrous. Having a guarantor can not only speed up the claims process, but also protect the rights and interests of yourself and your family.

Take the case of my friend Azhe. He had a bicycle accident a few years ago. The other party was seriously injured and the medical expenses amounted to millions. Fortunately, he had taken out insurance at the time and designated his family as beneficiaries. After confirming responsibility for the accident, the insurance company quickly paid the claim, reducing the family's financial burden. On the other hand, another friend had to go through a lengthy and complicated claims process because he did not designate a beneficiary.energy, and also generated many unnecessary disputes. According to statistics from the Insurance Business Development Center, the losses caused by car accidents in Taiwan each year are quite alarming, and many of these cases are caused by the lack of a complete insurance system.InsurancePlanning makes the situation worse. Choosing an appropriate insurance plan and designating a beneficiary are the keys to reducing risks and protecting your own rights and interests.

Many people are confused about the choice of a guarantor. In fact, the guarantor can be your family, friends, or even your company. When choosing a guarantor, you should consider the following points:

• Claims efficiency:Choosing someone who is familiar with the insurance process can speed up the claims process.
• Financial capabilities:Although the insurer does not need to bear the premiums, if an accident occurs, the insurer will need to assist in handling claims, so it is ideal to choose an insurer with a stable financial situation.
• Level of trust:Choosing someone you can trust will ensure a smooth claims process.

Remember, a guarantor is not just a name; it is an integral part of your risk management plan.

common problem:

• Q: Is it okay without a guarantor? A: Yes, but the claims process may be more complicated and take more time.
• Q: Does the guarantor need to bear the premium? A: No, the insurer only assists in handling related matters during the claim settlement.
• Q: Can I appoint multiple guarantors? A: Yes, but it depends onInsuranceCompany regulations.

It is recommended that you read the policy terms carefully before purchasing auto insurance, and consult a professional insurance agent to choose the most suitable insurance plan and insurer to effectively protect yourrights and interests. Don't let accidents become stumbling blocks in your life. Only by doing a good job of risk management can you travel with peace of mind.

Frequently Asked Questions

Summary

In short, buying a car guarantor is not only a guarantee, but also a reflection of responsibility. Choose your insurer carefully and obtain the best protection so that your car and your life can move forward with peace of mind!