Car Insurance Quotes Hong Kong

Car Insurance Quotes Hong Kong

Hong Kong is famous for having a very good public transportation system that many people use every day. But if you are thinking about buying a car in Hong Kong, it is important to also think about car insurance. Whether you buy a brand new car or a second-hand one, getting car insurance is one of the most important things you need to do. Car insurance helps protect your car from accidents or damage, protects you if you get hurt, and also covers any damage or injury you might cause to other people or their property.

In Hong Kong, if you own a car, you must have car insurance by law. According to the Motor Vehicles Insurance (Third Party Risks) Ordinance, which is a law in Hong Kong, every car owner must have at least third-party insurance. This means your insurance should cover any damage or injury you cause to another person or their belongings in an accident. It is not enough to just own a car; you must also arrange for insurance before you can legally drive it on public roads.

Additionally, the law says that all drivers in Hong Kong need to have a valid driving license and proof of insurance that meets certain minimum limits. These limits are HK$100 million to cover injuries or deaths caused to others, and HK$2 million for any damage to other people’s property. Without meeting these requirements, you cannot drive legally on Hong Kong roads. So, if you want to drive safely and follow the law, it is very important to buy the right car insurance. This will give you peace of mind knowing that you are protected and also that you are protecting other drivers and pedestrians around you.

Read more: Car Insurance Quote 3rd Party

Types of Car Insurance Coverage in Hong Kong 

If you drive in Hong Kong, here are the main types of car insurance you’ll come across:

Third Party Car Insurance:

• This is the basic legal requirement.
• It covers you if someone gets hurt or dies because of your driving.
• Most insurance companies in Hong Kong also include cover for any damage you cause to someone else’s car or property.

Comprehensive Car Insurance:

• This gives you more protection.
• It includes third-party cover but also protects your car against damage or theft.
• In Hong Kong, this type of insurance is often called Section (I) Insurance and gives you peace of mind for both your car and others.

Corporate Fleet Insurance:

• This is for businesses that use vehicles for work.
• It offers similar options as private car insurance—basic Third Party or full Comprehensive cover.
• The main difference is that the policy is designed for commercial use, depending on how the vehicles are used for business.

Different types of insurance quotes available

Here are the main types of insurance in Hong Kong;

Home Insurance

• General Home Insurance
• Fire Insurance
• Premiums
• Quotations

Car Insurance

• Third-Party Plans
• Comprehensive Coverage Plans
• High-End and Luxury Vehicle Plans
• Commercial Vehicle Plans
• Motorbike Plans
• Premiums
• Claims
• Quotes

What is required to get a quote in Hong Kong 

To get a car insurance quote, you need to provide the following things:

• manufacturing year, and
• car engine CC.
• the car brand,
• car model,

How to Buy Car Insurance in Hong Kong

Getting car insurance in Hong Kong might feel confusing at first, but this simple guide will help make the process smoother:

Compare Insurance Companies and Plans

• Start by checking out different insurance companies like HSBC, Allianz, Zurich, AIG, and Kwiksure.
• Look at what each one offers, such as third-party insurance, full (comprehensive) coverage, and personal accident protection.
• Also, see if they include extra services like 24/7 roadside help, towing, or accident coverage.

Get Instant Online Quotes

• Most insurers let you get a quick quote online.
• Just enter some basic info like your driving experience and the type of cover you need.
• This helps you see how much you’ll likely pay. For example, AIG offers this with its comprehensive auto plan.

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Choose the Right Coverage for Your Needs

• Think about how often you drive and what kind of protection you need.
• If you don’t drive much, basic third-party insurance might be enough.
• But if you want more protection, consider a comprehensive plan. You can also add extra options like rental car coverage or business use coverage.

Read the Policy Carefully

• Before you buy, go through the policy details.
• Make sure you understand how long it lasts, how much it costs, when it renews, and what’s covered.
• This can help you avoid problems later, like unexpected costs or claim issues.

Ask for Help If You’re Unsure

• If anything is unclear, talk to an insurance advisor.
• They can explain the terms, help you choose the right plan, and make the whole process easier.

Contact an insurance broker

Want a free quote for car or motorbike insurance in Hong Kong? Just fill out a short form, and an experienced insurance broker will get in touch to show you different coverage options. You can also contact CCW Global directly to get a free quote and compare plans.

Contact Details

+852 2114 2840
info@ccw-global.com
Unit 4-6, 11/F, Bonham Trade Centre, 50-54 Bonham Strand, Sheung Wan, Hong Kong

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