If you have recently passed your driving test, it won’t be long before you are looking to buy your first car, which is a milestone in anyone’s life. Motoring means you have to be legal and car insurance is one part of that. It can seem like a challenge to find the best package, and with that in mind, here is some basic information about the various types of auto insurance that you can take out.
- Class 1 Insurance – This is a fully comprehensive policy that covers everything; all vehicle damage, medical costs for driver and passengers, which is essential for a new car. When comparing car insurance price, look for the leading Thai insurance company who offers the best service and cheap premiums. When buying a new car on finance, you must take out class 1 insurance to cover the asset until the last payment has been made and your name will be added to the green book, which is the vehicle registration paperwork.
- Class 2 Insurance – Not much different to class 1, but with lower cover limits, this package would suit a car that is 3-5 years old; finding the best class 2 insurance is easy with Google in your team. When looking at auto insurance websites, check out the online reviews from customers that have claimed, which will give you a good idea of the service you can expect. If you are on the fence about buying a new or used car, click here.
- Class 3 Insurance – Also known as 3rd party, fire and theft, class 3 only covers 3rd party vehicles, not your own vehicle and you are covered in the event of a fire or your car is stolen. Some insurance companies offer class 3+ insurance, which does cover the policy holder’s vehicle to an agreed limit; medical costs for driver and passengers, even permanent disability and death.
Making a Claim
Of course, no one wants to have an accident but if you do, you want the insurance claim process to be smooth. All insurers will tell you they process claims very quickly, and the best way to find out about this is to read the online customer reviews. In the event you are involved in an accident, take photos of the scene and any damage caused, then call your insurance 24-hour number and they will send an agent to the scene. The process is usually smooth, the agent would ask you for a statement and communicate with other parties and that’s usually it! Your car will be repaired at a garage of your choosing, as will other vehicles and if you have class 1 insurance, you will likely be able to claim for a hire car while yours is being repaired.
When you take out car insurance with an online provider, you are instantly covered and can drive the car; the policy will be sent to your home address. The process is simple; fill in the required fields and a secure online payment sees you covered and you can’t get any quicker than that.
Here is some information from the Department of Land Transport about obtaining a two-year temporary driving licence.