Auto insurance comprehensive deductible refers to the owner in the purchase of auto insurance need to bear a certain amount of compensation liability, usually by the vehicle damage insurance and third party liability insurance in the deductible and excluding deductible. This paper will conduct in-depth analysis from the aspects of insurance definition, deductible types, deductible calculation methods, etc., so that owners can better understand the comprehensive deductible of auto insurance.
Insurance definition
Auto insurance comprehensive deductible refers to the owner in the purchase of auto insurance need to bear a certain amount of compensation liability, usually by the vehicle damage insurance and third party liability insurance in the deductible and excluding deductible. The deductible in the vehicle damage insurance refers to the owner in the vehicle damage insurance compensation need to bear a certain amount, and the deductible refers to the owner in the vehicle damage insurance to choose not to deduct the deductible, the insurance company in the compensation no longer requires the owner to bear the deductible responsibility. The deductible in the third party liability insurance refers to a certain amount that the owner needs to bear when the third party liability insurance compensation.
Types of deductibles
The comprehensive deductible of auto insurance usually includes the following aspects:
1. The deductible in the vehicle damage insurance: the deductible in the vehicle damage insurance is usually chosen by the owner when purchasing auto insurance, and the insurance company usually requires the owner to bear a certain deductible when compensating.
2. No deductible in vehicle damage insurance: No deductible in vehicle damage insurance is selected by the owner when purchasing auto insurance, and the insurance company no longer requires the owner to bear the responsibility for the deductible in compensation.
3. The deductible in the third party liability insurance: the deductible in the third party liability insurance is usually chosen by the owner when purchasing auto insurance, and the insurance company usually requires the owner to bear a certain deductible when compensating.
Deductible calculation method
The calculation method of the comprehensive deductible of auto insurance is usually determined based on the deductible and the deductible that the owner chooses when purchasing auto insurance. For example, when the owner chooses a deductible of 1000 yuan and no deductible when purchasing vehicle damage insurance, and chooses a deductible of 500 yuan when purchasing third party liability insurance, then the comprehensive deductible of auto insurance is 1000 yuan +500 yuan =1500 yuan.
Buying advice
When buying car insurance, the owner needs to pay attention to the following points:
1. Understand the type of deductible: When purchasing auto insurance, the owner needs to understand the deductible and excluding deductible in the vehicle damage insurance, as well as the deductible in the third party liability insurance.
2. Choose the right deductible: Owners need to choose the right deductible according to their own circumstances, so that they can be fully compensated in the event of an accident.
3. Understand the reputation of the insurance company: When choosing an insurance company, the owner needs to understand the reputation and service quality of the insurance company, so as not to get timely compensation in the event of an accident.
4. Pay attention to the insurance terms: When purchasing auto insurance, the owner needs to carefully read the insurance terms and understand the content of insurance liability, insurance amount, deductible, compensation scope and so on.
Conclusion
Auto insurance comprehensive deductible refers to the owner in the purchase of auto insurance need to bear a certain amount of compensation liability, usually by the vehicle damage insurance and third party liability insurance in the deductible and excluding deductible. When buying auto insurance, car owners need to understand the types and calculation methods of deductibles, choose the right deductible, and understand the reputation and service quality of the insurance company.
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