Best Car Insurance Deals In Hong Kong

Car Insurance is a legal obligation. As a responsible driver, you are likely aware that car insurance is required, but owing to the language used by insurers, you may not have a comprehensive knowledge of what it is and why you need it.
Car Insurance is a legal obligation. As a responsible driver, you are likely aware that car insurance is required, but owing to the language used by insurers, you may not have a comprehensive knowledge of what it is and why you need it.

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Before purchasing a policy, you must examine a variety of aspects, including the kind of vehicle you possess, your driving record, and your financial situation.

All motorists are required by law to have car insurance. Simply put, this offers financial protection in the case of an accident that results in harm or damage to another person, vehicle, property, or animal. Depending on the insurance type, this may or may not cover repair expenses for damage to your own car as a consequence of the event, theft of the vehicle, or other damage to the vehicle.

Once you have received your insurance documents, it is crucial to keep your insurer informed of any changes to your situation to ensure that your coverage remains valid. Similarly, if your car is stolen or involved in an accident, you must alert your insurer promptly, even if you are not filing a claim. Compare these two outstanding insurance packages, which are based on the same set of criteria for a young male, experienced driver with a brand new Toyota Camry Hybrid and get the affordable coverage you need now in Hong Kong.

Before purchasing a policy, you must examine a variety of aspects, including the kind of vehicle you possess, your driving record, and your financial situation.

All motorists are required by law to have car insurance. Simply put, this offers financial protection in the case of an accident that results in harm or damage to another person, vehicle, property, or animal. Depending on the insurance type, this may or may not cover repair expenses for damage to your own car as a consequence of the event, theft of the vehicle, or other damage to the vehicle.

Once you have received your insurance documents, it is crucial to keep your insurer informed of any changes to your situation to ensure that your coverage remains valid. Similarly, if your car is stolen or involved in an accident, you must alert your insurer promptly, even if you are not filing a claim. Compare these two outstanding insurance packages, which are based on the same set of criteria for a young male, experienced driver with a brand new Toyota Camry Hybrid and get the affordable coverage you need now in Hong Kong.

AXA iMotor Comprehensive Insurance Offers You Accident and Third-Party Liability

This fabulous deal from AXA is based on the following criteria:

Vehicle Make: Toyota, Model: CAMRY 2.5 HYBRID, Year of Manufacture: 2022. Car Value: HK$207,970, Policy Start Date: 2022/09/23. The policy coverage is 12 months with the policyholder gender being Male, with married status and age of 30 years old at the commencement of the policy. The occupation is assumed as being Information Technology related and the no claims discount for the policyholder is set at 20 percent. The policyholder is the driver of the car and has more than 5 years experience on the road.

Quote: Comprehensive Coverage: HK$ 12,939

Your Liability to Third Parties
• Death or physical injury to other people
• Damage to other people’s property

Your Car
• Loss of or Damage to Your Car
• Tow to the nearest repair shop and delivery after repair
• Medical Expenses
• Physical injuries sustained by you / other insured drivers / your passengers in a car accident

Free Additional Benefit
• 24-hour Emergency Service (Assistance Hotline)
• Personal Accident to the Named Driver(s)
• No Claim Discount (NCD) Protection
• New for Old Replacement
• Nil Depreciation on Repairs
• Windscreen Replacement
• Rental Car
• Claims Recovery Service
• AXA Premium Workshops
• Third Party Property Excess Waiver (for the Insured within age range)

Quote: Third Party Coverage: HK$ 3269

Your Liability to Third Parties
• Death or physical injury to other people
• Damage to other people’s property

Free Additional Benefit
• 24-hour Emergency Service (Assistance Hotline)

Get an Affordable Deal On Third Party and Comprehensive Car Insurance from AIG

To give our readers a direct comparison, the criteria of the Policyholder remains the same here with this outstanding offer from AIG.

Vehicle Make: Toyota, Model: CAMRY 2.5 HYBRID, Year of Manufacture: 2022. Car Value: HK$207,970, Policy Start Date: 2022/09/23. The policy coverage is 12 months with the policyholder gender being Male, with married status and age of 30 years old at the commencement of the policy. The occupation is assumed as being Information Technology related and the no claims discount for the policyholder is set at 20 percent. The policyholder is the driver of the car and has more than 5 years experience on the road.

Third Party Only from HKD $3,021

Third Party Liability
• Third Party Bodily Injury: $100,000,000
• Third Party Property Damage: $2,000,000

This AIG website exclusive offer includes a free policy for all customers that have 20% NCB to 60% NCB

Extra Benefits
• Free 24-hour emergency roadside assistance
• Free 24-hour emergency towing service

Comprehensive Cover from HKD $6,744

Third Party Liability
• Third Party Bodily Injury: $100,000,000
• Third Party Property Damage: $2,000,000

Damage to your vehicle
• Own Damage: Up to SI
• Windscreen & Window Damage Protection: $4,000
• Rental Temporary substitute Car: 7 Days: $500 Per Day

Medical Expenses
• Medical Expenses: $2,000

Personal Effects
• Loss of Car Keys: $2,000

Extra Benefits
• Free 24-hour emergency roadside assistance
• Free 24-hour emergency towing service
• Nil depreciation on spare parts for vehicles aged less than 3 years
• No Claim Discount protection: $50,000 or 15% of sum insured
• New for old Cover in Year 1 also included

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