Car insurance is a form of financial protection that helps car owners reduce the economic burden when unexpected risks related to the car occur. When participating in car insurance, you will be guaranteed compensation by an insurance company for damage to property, health, and even life in the event of traffic accidents, theft, fire, etc.
According to a study by the Insurance Information Institute (2023) in the 'Global Automotive Insurance Trends' report, auto insurance helps reduce 78% of the financial burden for car owners in the event of accidents and incidents.
Choosing a reputable auto insurance company not only helps car owners minimize financial risks but also ensures benefits when an accident occurs. Below is a list of 7 auto insurance company in Vietnam, along with details of the services and benefits they offer.
Post and Telecommunication Insurance Joint Stock Company (PTI) is one of the prominent names in the auto insurance industry in Vietnam. PTI has built a solid reputation thanks to the quality of service and transparency in the compensation process.
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PJICO (Petrolimex Insurance Corporation) has been operating for more than 20 years and has received many awards for service quality.
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Bao Viet is one of the oldest insurance companies in Vietnam, with over 50 years of experience.
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Bao Minh stands out with its commitment to properly fulfill its responsibilities under the insurance contract.
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BIC is a product of BIDV Bank and Viet Uc Insurance Company. Although newly established, it has quickly affirmed its position in the market.
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PVI, with strong financial resources from the oil and gas industry, has affirmed its position in the field of auto insurance.
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Liberty is a famous international brand, providing a variety of insurance packages in Vietnam since 2003.
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Choosing a reputable auto insurance company will help you feel more secure when participating in traffic. The above companies not only provide good service but also ensure maximum benefits for customers. Consider carefully to choose the insurance package that best suits your needs.
Car insurance is mandatory under Vietnamese law, specifically third-party liability insurance, to protect the rights of traffic participants.
Car insurance premiums in Vietnam typically range from 1% to 3% of the vehicle's value, depending on the type of insurance and the age of the vehicle.
The claim process usually includes the following steps: reporting the incident to the insurance company, providing claim documents, assessing the damage, and receiving compensation within 7 to 30 days, depending on the company.
Additional types of auto insurance include:
To choose the right insurance package, you need to determine the value of the car, the level of use, potential risks and payment budget. You should consult experts or consultants of the insurance company. See the article now: Top 8 Experience in buying auto insurance suitable, most economical shared by many people.
Yes, you can switch insurance plans during the contract period, however, it will require a procedure and may incur additional switching or adjustment fees.
The validity period of auto insurance is usually 1 year, after which you need to renew or re-sign the contract to continue to be protected.
Cars Care Service Price Sheet At Thanh Phong Auto HCMC VietNam:
* The cars that we have mechanics: Mercedes, BMW, Audi, Lexus, Toyota, Honda, Mazda, Mitsubishi, Kia, Daewoo, Hyundai,Ford, Nissan, Volkswagen, Porsche, Chevrolet, Rand Rover, Innova, Fortuner, Vios, Fiat, Bugatti, Ferrari, Bentley, Hummer , Chrysler, Dodge, Renault, Cadillac, Volvo, Subaru, Daihatsu, Ssangyong, Roll-Royce, Peugeot, Smart Fortwo, Tobe M'car, Luxgen, Zotye, Haima, Geely, Baic, Hongqi, Cmc, Mini Cooper, Buick, Opel, Acura, Aston Martin, Vinfast, TQ Wuling, BYD.
To keep your vehicle running properly at all times, we offer a number of services that are carried out by our certified, expert auto service and repair technicians who have years of experience performing everything from oil changes to a complete engine overhaul.
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