Benefits of buying comprehensive car insurance and current AWM offers
The biggest advantage of buying "comprehensive insurance" is its comprehensive coverage. It not only covers third-party liability as required by law, but also protects against damage to your own vehicle, theft, fire, and even includes towing, temporary transportation, and medical expenses. Although the premium is higher than "three-insurance" (basic, non-basic, and comprehensive insurance), it can significantly reduce the financial risks caused by accidents, making it especially suitable for new cars or high-value vehicles
🚗 The main benefits of full coverage
Wide range of coverage
This includes personal injury or death to third parties, property damage, and damage to one's own vehicle caused by accidents, fires, theft, malicious damage, or natural disasters
New car trade-in guarantee
Most insurance companies offer a policy where you can exchange your new car for the same model after the first year's new car is reimbursed, reducing the risk of damage to your new car
Medical expense coverage
Medical expenses incurred by vehicle owners and passengers due to traffic accidents are eligible for compensation
Towing and temporary car rental services
If your vehicle requires repairs, the insurance will cover towing costs and the cost of renting a backup vehicle, ensuring your daily travel needs are met
Windshield protection
Typically, one free or subsidized replacement is available annually. Some insurance companies do not set a limit on the number of replacements
No-claim discount protection (NCB/NCD)
Some comprehensive insurance plans allow discounts to be retained after small claims, avoiding a significant increase in renewal premiums
Debt collection service
If a traffic accident occurs and a third-party driver is found liable, the insurance company will assist the car owner in recovering the underpayment, repair costs, or other related losses, saving the owner the trouble of negotiating with the other party themselves
📊 Comparison of three guarantees vs full guarantee
| Project | Three guarantees (third party insurance) | Comprehensive insurance |
|---|---|---|
| Third-party personal injury or death | ✅Guaranteed | ✅Guaranteed |
| Third-party property loss | ✅Guaranteed | ✅Guaranteed |
| The vehicle itself was damaged | ❌No guarantee | ✅Guaranteed |
| Fire/Theft | ❌No guarantee | ✅Guaranteed |
| Natural disasters (flooding/typhoons) | ❌No guarantee | ✅Guaranteed |
| Medical expenses | ❌No guarantee | ✅Guaranteed |
| Tow truck/convertible vehicle | ❌No guarantee | ✅Guaranteed |
| Windshield protection | ❌No guarantee | ✅Guaranteed |
| premium | 💲Lower | 💲💲Higher |
⚠️ Precautions and trade-offs
Higher premiums: Comprehensive insurance is generally more expensive than three types of insurance, so you need to weigh the value of your vehicle against your own financial capabilities.
Deductible (out-of-pocket expense): A portion of the cost must be borne by the insurer when making a claim. The amount varies depending on the policy, the driver's age, and driving experience.
Vehicle age affects compensation: New cars have better coverage, while older cars have limited compensation due to depreciation.
🎯 suggestion
For new cars or high-value vehicles , it is recommended to purchase full coverage insurance for comprehensive protection.
For older or low-value vehicles , consider getting three types of insurance to save on premiums.
Frequent driving→ Full insurance can reduce risk.
Finally, some good news for car owners! AWM is currently running a special promotion on comprehensive insurance, with all comprehensive insurance policies offering exceptionally high discounts! We hope car owners can purchase comprehensive protection for their beloved vehicles at a discounted price
If you are interested in obtaining a quote, please feel free to contact AWM via Whatsapp: 95742533