Car Inssurance Coverage

[Fun2Fun]

We just got the car insurance papers "supposedly first class" for a brand new car and there is only a coverage of 80% value for the car.

Is this something which is standard in Thailand?

Is there anything else in particular we should check into in regards to the insurance coverage?

[ThaivisaInsurance]

Yes this is quite standard especially when you buy the insurance with a new car - a way to make more money for the Dealer.

Their view is that a new car drops in value so you would not be paid the full 100% in any case - just bad luck if it's straight out of the dealers garage !

However, you can request higher amounts with 1st Class but you do need to ask. The main point to look for is the Bail Bond coverage - should be 200,000 Baht and not 100,000 Baht.