Car Insurance is an all-in-one auto insurance plan that takes care of all your motoring needs while offering many attractive benefits. Whenever and wherever you drive, you’ll have a worry-free trip as your car is now well-protected under this plan.
Benefits and features
Comprehensive coverage:
- Compensation for any loss/damage to the insured car including unexpected accident; collision, overturn; fire, burning, explosion; natural catastrophe such as flood, landslide, thunderbolt, earthquake, hail, tsunami or total stolen car.
- Together with extensions of New-replacement indemnification without depreciation, Water damage, Optional garage at the Insured’s discretion.
Sum insured:
- At the commencement of the insurance policy, the Insured and Bao Viet Insurance shall agree on the actual market value of the insured’s car.
- In case that actual total loss or damage equals to or above 75% of the sum insured or to the extent that no repairment can make the car safe in transportation or the repairing cost equals to or exceeds the car’s actual value, Bao Viet Insurance will indemnify the Insured with cash value equivalent to its value right at time of accident.
Service:
- Immediate guidance on accident management and claim lodgment is offered via Bao Viet Insurance’s hotline nationwide.
- Free rescue service is delivered within a radius of 70km from Bao Viet Insurance’s rescue center in big provinces.
Premium
| Premium rates for Physical Damage to the insured car * | ||||
| Years of | Years of usage | |||
| Protection | 0-3 years | 3-6 years | >6 years | Premium rates for third party liability insurance and insurance for driver and passengers (one year coverage) |
| 1 year | 1.4% | 1.61% | 1.89% | |
| 2 years | 160% annual rate | |||
| 3 years | 240% annual rate | |||
Non Claim Bonus
The insurance premium will be discounted for the following year(s) if there is no claim made for the insured car in the previous year(s).
No claim made for 1 year: 10% discount of the basic rate
No claim made within 2 consecutive years: 20% discount of the basic rate
No claim made within 3 consecutive years: 30% discount of the basic rate.
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