Guest siamjourney Posted February 17, 2015 Share Posted February 17, 2015 When you renew your car registration each year you need to buy inexpensive basic insurance. Does anyone know what this covers or doesn't cover? I assume it doesn't cover that much. K-Bank and BKK Bank sell additional insurance but the information is written in Thai. I would like to get some additional insurance but I'm not sure how much it should cost or what is a reasonable plan. Any thoughts from anyone on this are greatly appreciated. Link to comment Share on other sites More sharing options...
onthedarkside Posted February 17, 2015 Share Posted February 17, 2015 The basic insurance, called government compulsory insurance, does not cover any mechanical damage (either side). Only limited hospital insurance for the vehicle occupants in your car. Best get additional insurance, especially the 200K bail cover, will save you spending time in the police cell after any serious accident. 1 Link to comment Share on other sites More sharing options...
LivinLOS Posted February 17, 2015 Share Posted February 17, 2015 Hospital fees 30k bike and 60k car.. Doubled last year from 15/30.. Link to comment Share on other sites More sharing options...
jacko45k Posted February 18, 2015 Share Posted February 18, 2015 (edited) I say do your banking at the bank, and get insurance and insurance advice from an insurance broker. Edited February 18, 2015 by jacko45k 2 Link to comment Share on other sites More sharing options...
oneday Posted February 18, 2015 Share Posted February 18, 2015 I believe one of the biggest payoffs of this P.R.B or Pa Ra Ba is it pays a fairly large sum to any beneficiary if the driver is killed. This is where it is super important in Thailand that if you say you are married then you really need to be married officially at the Ampere or as the wife or husband of a deceased person you will not be the beneficiary of the pay off. It could go to the ex-husband or ex-wife if they WERE married and never divorced. Link to comment Share on other sites More sharing options...
technologybytes Posted February 18, 2015 Share Posted February 18, 2015 Im not doubting the accuracy of onthedarkside's comment at all. But years ago an insurance broker told me that the bail bond included in private insurance is for the car, not the driver. Apparently if there is a dispute following an accident the police impound both vehicles until the issue of blame is resolved. My understanding of the bail bond in the insurance was that it prevented the need for a car to be impounded. I may well be wrong though, the information from the broker was a long time ago. Link to comment Share on other sites More sharing options...
JohnC Posted February 18, 2015 Share Posted February 18, 2015 I suggest you talk to Peter Smith of A A insurance one of Thai Visa sponsors. Link to comment Share on other sites More sharing options...
anon467848 Posted February 18, 2015 Share Posted February 18, 2015 (edited) I suggest you talk to Peter Smith of A A insurance one of Thai Visa sponsors. Don't agree with your AA Insurance recommendation. Always found them to be expensive and very slow to respond to emails, if at all. Edited February 18, 2015 by merlin2002 Link to comment Share on other sites More sharing options...
AAInsuranceBrokers Posted February 18, 2015 Share Posted February 18, 2015 Apologies if we missed an email from you Merlin as we try and respond to all emails within 24hrs - but please feel free to call if you need something urgent : 081 782 2196 For the Compulsory (Government) insurance the benefits have been increased (a little) see below, but the voluntary 1st, 2nd, or 3rd Class cover is always recommended and yes, all 3 do include a Bail Bond (min. needed 200k Baht). Preliminary is initial amount paid without any proof of fault (claim within 7 days of the accident) Medical service expenses not more than 30,000 Baht Loss of Life Loss of organs Permanent disability 35,000 Baht for person Maximum coverage(including preliminary coverage) Bodily injury Not more than 65,000 Baht Loss of Life Permanent disability 200,000 Baht Medical Service Compensation 200 Baht per day but not more than 20 days The highlighted amounts are the benefits that were increased. Link to comment Share on other sites More sharing options...
lounger Posted February 18, 2015 Share Posted February 18, 2015 i cant see the point in knowing what the basic government vehicle insurance covers; the problem is that even the top up, I have comprehensive on a 3 litre turbo truck, which costs under 20,000 baht also is insufficient. I think my cover is 500,000 baht per person subject to this and that. I asked my broker how i can cover myself against a lawsuit with a rich foreign 3rd party and was told I cannot. It seems having an accident with anyone wealthy could lead to personal liability leading to insolvency and poverty... Link to comment Share on other sites More sharing options...
zaZa9 Posted February 18, 2015 Share Posted February 18, 2015 Apologies if we missed an email from you Merlin as we try and respond to all emails within 24hrs - but please feel free to call if you need something urgent : 081 782 2196 For the Compulsory (Government) insurance the benefits have been increased (a little) see below, but the voluntary 1st, 2nd, or 3rd Class cover is always recommended and yes, all 3 do include a Bail Bond (min. needed 200k Baht). Preliminary is initial amount paid without any proof of fault (claim within 7 days of the accident) Medical service expenses not more than 30,000 Baht Loss of Life Loss of organs Permanent disability 35,000 Baht for person Maximum coverage (including preliminary coverage) Bodily injury Not more than 65,000 Baht Loss of Life Permanent disability 200,000 Baht Medical Service Compensation 200 Baht per day but not more than 20 days The highlighted amounts are the benefits that were increased. Why is it that I can never understand these lists? "Loss of Life" appears twice , Im obviously missing something Link to comment Share on other sites More sharing options...
lj cm Posted February 19, 2015 Share Posted February 19, 2015 The basic insurance, called government compulsory insurance, does not cover any mechanical damage (either side). Only limited hospital insurance for the vehicle occupants in your car. Best get additional insurance, especially the 200K bail cover, will save you spending time in the police cell after any serious accident. Is it really correct, that it not cover damage to the other persons car/motorbike?. I have an old car and only the compulsory insurance. It's no problem with damage to my car; but for sure, if I have to pay for damage to other car. Assuming it's my fault; which is very unlikely!, but possible. Link to comment Share on other sites More sharing options...
ALFREDO Posted February 20, 2015 Share Posted February 20, 2015 -siamjourney- A so called 1st class insurance for a 800.000.- Baht car = about 30.000.- Baht, so a 400.000.- Baht car about 15.000.- Baht p. year = full comprehensive insurance. What is included, sure more than with your basic plan, look at an insurer, look in the net. Link to comment Share on other sites More sharing options...
onthedarkside Posted February 20, 2015 Share Posted February 20, 2015 The basic insurance, called government compulsory insurance, does not cover any mechanical damage (either side). Only limited hospital insurance for the vehicle occupants in your car. Best get additional insurance, especially the 200K bail cover, will save you spending time in the police cell after any serious accident. Is it really correct, that it not cover damage to the other persons car/motorbike?. I have an old car and only the compulsory insurance. It's no problem with damage to my car; but for sure, if I have to pay for damage to other car. Assuming it's my fault; which is very unlikely!, but possible. Well, look at the AAInsuranceBroker's list. I see nothing about damage to vehicles. Only people damage. Link to comment Share on other sites More sharing options...
lj cm Posted February 20, 2015 Share Posted February 20, 2015 The basic insurance, called government compulsory insurance, does not cover any mechanical damage (either side). Only limited hospital insurance for the vehicle occupants in your car. Best get additional insurance, especially the 200K bail cover, will save you spending time in the police cell after any serious accident. Is it really correct, that it not cover damage to the other persons car/motorbike?. I have an old car and only the compulsory insurance. It's no problem with damage to my car; but for sure, if I have to pay for damage to other car. Assuming it's my fault; which is very unlikely!, but possible. Well, look at the AAInsuranceBroker's list. I see nothing about damage to vehicles. Only people damage. I like to say "Thank You" for the "Wake Up Call". I have today made an Insurance that, most importantly, covers damage to 3. persons car/property up to 1 million. The price was only 5,200 Baht. Link to comment Share on other sites More sharing options...
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