What is the best comprehensive car insurance type 1 coverage?
Discover the ideal type 1 insurance for your car by comparing car insurance quotes from 15+ leading insurance providers on MrKumka.com.
The optimal voluntary type 1 insurance policy for a car should offer comprehensive coverage beyond what compulsory motor insurance provides, including sufficient protection for your vehicle, the driver and passengers, and for third-party damages. The best type 1 car insurance coverage should provide a high sum insured, close to your vehicle retail value, encompassing own damage with or without a third party, towing service, theft, flooding, third-party liability coverage for property damages and bodily injuries and additional medical expenses resulting from car accidents.
What are the key benefits of car insurance type 1?
Consider these factors when choosing insurers for your car insurance policy to ensure you get the best insurance premium, comprehensive coverage, and reliable customer service.
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Insurance coverage
Car insurance type 1 should provide extensive protection, covering damages to your own vehicle from accidents, theft, fire, and natural disasters and third-party liability.
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Theft protection
Safeguard your vehicle with financial security against theft, ensuring peace of mind wherever you travel in Thailand.
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Vehicle damage coverage
Enjoy peace of mind knowing your insurance policy covers car repairs or replacement costs for your vehicle in case of accidents or natural disasters.
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Third-party liability
Be financially protected against liabilities for damages to third-party property or injuries caused by your vehicle.
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No claim bonus
Save more for safe driving with a no claim bonus, potentially lowering future insurance premiums.
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Optional benefits
Customise your policy with optional features like 24-hr roadside assistance service and medical coverage, tailored to your specific needs.
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Flexible excess
Able to choose insurance excess that suits your budget, offering flexibility in managing your insurance costs.
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Efficient claims process
Benefit from a streamlined insurance claim process, ensuring quick resolutions and minimal disruption to your daily life.
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Financial security
Protect your investment with robust coverage that provides financial security in unforeseen circumstances.
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Peace of mind
Experience peace of mind knowing you're covered comprehensively by car insurance type 1, designed to meet your specific needs in Thailand.
What are the different features of car insurance type 1?
Coverage details can vary among providers, but these are typically common features of type 1 coverage:
Common features of car insurance type 1 coverage
Coverage for your car
Own damage
protects against car accidents to the insured carDamaged windscreen
many policies include windscreen repair or replacement resulting from accidents.Theft coverage
protects against theft and malicious acts.Natural disasters
protect against fire, flood damage, or other natural disasters.24/7 towing service
offers roadside assistance in case of car breakdowns.
Coverage for you
Medical expenses
coverage includes costs for drivers and passengers in accidents.Personal accident
compensates for injuries or death resulting from accidents.Bail bond
legal support for insured individuals detained after a covered accident.
Coverage for third party
Bodily injuries
protects against injury or death caused by your vehicle.Property damage
pays for damage caused by your vehicle to someone else’s property.
Who should buy car insurance type 1?
Many assume type 1 coverage is exclusively for luxury vehicles, but in fact, it provides top-tier protection for any frequently driven vehicle, especially those transporting passengers or deemed high-value by the owner. The following car groups are well-suited for type 1 insurance policies, offering comprehensive coverage for both city and off-road driving.
- Car group 4 – medium sedans that are easy to park everywhere and ideal for city driving. They feature smaller engines and readily available spare parts.
- Car group 5 – small eco sedans that feature cost-effective designs, small engines, and widely available spare parts. Their maintenance and repair costs are affordable.
- SUV car group– Sport Utility Vehicle that blends expansive cargo space with performance into a versatile, all-weather machine.
Unsure if a car insurance policy type 1 suits your needs? Consider these characteristics to help determine if you should get quote for car insurance type 1 tailored to your needs:
Which vehicles qualify for type 1 car insurance coverage?
In Thailand, vehicles that typically qualify for type 1 car insurance include:
- 1. High-value vehicles, including luxury cars and newer models of various brands.
- 2. Vehicles frequently used for daily commuting or transportation.
- 3. Cars often driven with passengers.
- 4. Vehicles with minimal modifications that meet insurer’s criteria.
- 5. Generally, vehicles less than 10 years old are preferred for type 1 insurance coverage.
These criteria can vary slightly depending on the insurance provider and specific policy terms. It’s advisable to check with individual insurers for precise eligibility requirements.
Is an EV car suited for type 1 insurance in Thailand?
EV (electric vehicle) car is suitable for type 1 insurance. This level of auto insurance is particularly beneficial for EV owners due to the typically higher repair and replacement costs associated with electric vehicles. Additionally, insurers of car insurance in Thailand now offer tailored type 1 insurance policies specifically for EVs, which include coverage for battery damage, specialized repairs, and even wall charging station coverage. Choosing type 1 insurance provides EV owners in Thailand with comprehensive vehicle protection and peace of mind while on the road.
At MrKumka.com, you can compare EV car insurance quotes across various insurance providers. Our goal is to find you the best coverage and competitive rates, tailored to your needs. Whether you’re an experienced EV owner or considering the switch, our comprehensive service ensures transparent unbiased insurance comparison.
What vehicles are excluded from type 1 car insurance?
Type 1 car insurance typically excludes:
- Modified vehicles : those extensively altered from factory specifications.
- Recreational vehicles : like motorhomes or ATVs.
- High-risk vehicles : such as sports cars with high horsepower.
- Vehicles used for hire : taxis, rideshare vehicles unless specified in policy.
- Undocumented or salvaged vehicles : cars without proper documentation or deemed salvage title.
These exclusions can vary depending on the insurer and specific policy terms and conditions. Always review your policy documents for detailed information.
What is the average cost of type 1 auto insurance?
When it comes to type 1 car insurance policies, prices can vary significantly across the insurance industry. Premiums typically range from THB 5,000 to THB 50,000. Several key factors influence the final insurance premium, including:
- Car brand and model : the make and model of your vehicle are crucial factors. Different cars may affect premiums due to varying repair costs and replacement values.
- Year of manufacture : newer cars generally attract higher premiums due to their higher repair and replacement costs.
- Driver’s history : your driving record impacts premiums. Insurers assess accident history, traffic violations, and previous insurance claims.
- Vehicle modifications : any modifications like customisations or performance enhancements can affect premiums.
- Additional coverage options : type 1 insurance policies may offer extras such as roadside assistance, personal accident coverage, or legal protection, which can influence overall costs.
What are the starting premiums offered by the top insurers in Thailand?
starting premium at ฿15,000
starting premium at ฿4,400
starting premium at ฿7,100
Dhipaya Insurance
starting premium at ฿4,900
starting premium at ฿8,130
AXA Insurance
starting premium at ฿9,300
starting premium at ฿10,500
starting premium at ฿8,900
Deves Insurance
starting premium at ฿8,500
Tokio Marine Insurance
starting premium at ฿13,500
AIG Insurance
starting premium at ฿10,044
Frequently Asked Questions about Car Insurance Type 1
What coverage does car insurance type 1 provide for own damages?
High coverage for any car damages that are results of car accidents caused by the insured or any named driver but does not involve any third party.
🔸 Example of this is if you hit a tree with your vehicle and dented the bumper and hood.
High coverage for any car damages that are results of road accidents caused by the insured or any named driver and involving a third party.
🔸 Example of this is if you hit another vehicle while you are pulling out of a parking space and damage your own car bumper.
What coverage does car insurance type 1 provide for a damaged windscreen or windshield?
Coverage for damaged or cracked windscreen from a car accident or natural disaster.
🔸 Example of this is if your windscreen gets hit and cracks due to a rock or other item falling from the back of a truck while driving on the expressway.
What coverage does car insurance type 1 provide for natural disasters?
Coverage for flooding and other natural disasters if your vehicle is significantly damaged by natural causes and it cannot be driven as normal.
🔸 Example of this is if a tree falls on your vehicle in the middle of the night due to a strong thunderstorm.
Protection in case of vehicle fire that damages the vehicle in any way, whether mechanically or cosmetically.
🔸Example of this is if a utility pole falls near or on your vehicle and sparks an electric fire which causes fire damage to the outside and interior of the car.
What coverage does car insurance type 1 provide in case of car theft?
Protection in case of car theft or the car is broken into, damaged in the process and items or parts of the vehicle are stolen.
🔸Example of this is if a thief breaks the car window in order to get inside your vehicle and steal the display panel or audio system of your vehicle.
Does type 1 insurance provide 24/7 road support?
24/7 towing service provided in the event that your vehicle breaks down or is not able to start any time of the day. The towing service will tow your vehicle to the insurance company’s repair garage or to the repair garage of your choice or whichever may be closer to the scene of the incident.
🔸Example of this is if your battery dies in the middle of the night while you are at a rest stop on the highway and you need your vehicle towed to a repair shop in order to install a new car battery.
What additional roadside assistance services do most insurance companies offer?
Most insurance providers offer a variety of roadside assistance services beyond basic towing. These additional services typically include:
Battery jump-start : if your car battery dies, a technician will come to your location to jump-start your vehicle.
🔸 Example is when you left your headlights on overnight and your car won’t start in the morning. Roadside assistance can quickly jump-start your battery.
Lockout service : professional help to unlock your car if you accidentally lock your keys inside.
🔸 Example is when you accidentally lock your keys in your car while grocery shopping. Roadside assistance can send a locksmith to unlock your vehicle.
Fuel delivery : emergency fuel delivery to get you back on the road if you run out of gas.
🔸 Example is that you run out of gas on a remote highway. Roadside assistance can deliver enough fuel to get you to the nearest gas station.
It’s important to note that most insurers may charge an additional cost for full access to these services. Be sure to check with your insurance provider to understand any potential extra fees associated with comprehensive roadside assistance coverage.
What coverage does car insurance type 1 provide for the driver?
- Medical expenses : covers medical costs, providing comprehensive protection for drivers and passengers involved in accidents.
- Personal accident : provides financial compensation for injuries or death sustained by the insured or passengers due to an accident.
- Bail bond : provides legal support assisting in paying bail if the insured is detained following a covered accident.
What coverage does car insurance type 1 provide for liability for third party damages?
High coverage for damages and liability to a third party vehicle as well as any bodily injury or loss of life that is caused by the insured during a car accident.
🔸Example of this is if the insured hits another vehicle on the road and causes damage to the third party vehicle body as well as an injury to the third party driver that requires medical attention.
Protection for any bodily injuries or any medical expenses that are related to a car accident.
🔸Example of this is if the insured automobile is hit from the side, breaking the window and causing the glass to cut the driver and requiring minor medical treatment.
What are additional type 1 auto insurance coverage options and upgrades?
Once you have received your quotes for auto insurance you’ll find additional coverage options provided by the insurance providers. Here are some of the coverages you might come across:
- Excess insurance or insurance deductible upgrade
- Pre-selected car repair garage or dealer garage upgrade
- Named driver or any driver upgrade
What is excess insurance on a type 1 policy?
By adding excess insurance or insurance deductible to your policy, you are able to avoid making unnecessary claims and thus maintaining your good driver history. Excess insurance may reduce your total insurance premium and you save money.
🔸Example of how excess insurance works:
- You added THB 3,000 excess onto your insurance policy.
- Later you had a minor car accident without or with a third party where you are at fault.
- You will end up paying for your own automobile repair cost up to THB 3000 and avoid having to make an insurance claim.
- If the repair costs are higher than your THB 3,000 excess, you will have to make a claim with your insurer to cover the amount that is over your excess insurance.
- This only applies to insurance claims where the insured is at fault, otherwise the insurance company of the guilty party and your insurer should cover the costs without affecting your good driver history or your No Claim Bonus.
What is a No Claim Bonus and how does it impact auto insurance rates?
A No Claims Bonus (NCB) is essentially a discount applied to qualifying auto insurance policies when no claims are filed. To be eligible for this discount:
- You must not have filed a claim against your own insurance.
- There can’t be any third-party claims presented by others.
This bonus can save you up to 50% on insurance premiums after five years of claims-free driving. However, even not-at-fault accidents can eliminate the NCB. Remember, it’s in your interest to pay for minor damages out of pocket to maintain your No Claims Bonus for auto insurance.
Which is better, preferred repair garage or dealer garage for a type 1 policy?
This depends on your preference and who you trust more to repair your vehicle. Most insurers provide a pre-selected garage repair option in case the vehicle has been damaged in a road accident. Some insurers allow upgrading this to a list of both pre-selected and dealer car repair garages for a small fee or even upgrade to repair at any garage for a slightly bigger fee. The reason for this is that an insurance company will often build relationships with their pre-selected car repair garages in order to be able to guarantee quality of repair and lower costs for their customers.
By deciding to choose other types of repair garages, an extra fee is added to your policy as the repair costs will be higher.
Which is better, named driver or any driver for a type 1 policy?
This will largely depend on who will be driving your vehicle. The coverage upgrade option lets you add up to 2 additional drivers to your insurance policy, maintaining the same level of coverage. This flexibility ensures that multiple drivers can use your vehicle without compromising your protection, subject to each insurer’s terms and conditions.
- Importantly, even if an unnamed driver causes liability or damage to your vehicle, insurance companies cannot deny coverage. However, you must pay the insurance deductible of THB 6,000 for the damages, as required by law.
- If the damage is caused by an identifiable third party, you don't have to pay a deductible. The insurance company has the right to claim damages from the at-fault party.
- For damage to third-party property, you are responsible for the deductible of THB 2,000 of the damages.
You can upgrade this further and allow for any driver in your policy by adding a higher fee to your premium.
🔸Example of this is if you have a car that you share with many family members. By upgrading your insurance policy to allow for any driver, any one of your family members can drive the vehicle without having to be named in the policy and still receive the same level of coverage. This will increase your insurance premium but also ensure that your car is protected, no matter who is behind the wheel.
How to make an insurance claim for a type 1 policy?
This will depend on your insurer and their claim guidelines, but you can visit our How to Claim page that provides a bit of claiming details for the most popular insurance brands in Thailand.
What if I’m not sure about choosing the right type 1 car insurance policy?
Feel free to reach out and contact MrKumka.com, we will be happy to go through the details of each insurance brand and coverage options to help you get quotes for car insurance that best suit you. Contact: 02 080 9292
