Comprehensive Guide to Type 2+ Car Insurance in Thailand
Looking to buy the best Class 2+ car insurance policy in Thailand? Look no further! Our platform offers extensive customization options, enabling you to tailor your coverage to suit your needs. Type 2+ policies start from just 4,500 baht per year.
What is Voluntary Motor Insurance Type 2+?
Type 2+ Car Insurance is a mid-level coverage option available in Thailand. It provides good protection for your vehicle and liability coverage, though not as comprehensive as Type 1. It's often referred to as "Third-party, fire, and theft plus own damage" insurance.
Type 2+ car insurance is the second most popular car insurance type in Thailand, as it provides more coverage at an affordable price. Type 2+ car insurance usually covers:
- Damage from vehicle-to-vehicle accident
- Damage to your car from fire and theft
- Damage caused to others and their vehicles or property
- Driver/passenger accident cover
- Bail bond coverage
What's the difference between Type 2+ insurance and other types of car insurance?
Type 2+ car insurance offers a balance between coverage and cost. It protects your car against fire and theft and covers damages to third parties. At the same time, it protects your car from other vehicles.
Type 1 car insurance offers the most comprehensive coverage, protecting you, your car, and others involved in accidents, regardless of fault.
Type 3 and 3+ car insurance only covers the damage you cause to other vehicles and people. Type 3+ also offers protection for your vehicle from other vehicles, similar to type 2+ car insurance.
What does Type 2+ Car Insurance Cover?
What's usually covered
All policies differ, but, in general, a Type 2+ car insurance policy will include cover and compensation for:
- Vehicle-to-vehicle damages
- Fire damage
- Theft
- Flood* (Not all Policies Include This)
- Third-party liability
- Personal injury
- Medical expenses
- Bail bond coverage
What's usually not covered
Your policy will also list out exclusions, which you won't be covered for. Some typical exclusions are:
- Other Collision Damage without a third party
- Negligence
- Wear and tear
- Invalid driving license
- Driving under the influence of alcohol or any illegal drugs
- Damage to your own property
How much does Type 2+ Car insurance in Thailand Cost?
Type 2+ Car Insurance offers a good balance between coverage and affordability. You can expect to pay around 7,000 baht in premiums for type 2+ Insurance for your car. Our Type 2+ policies start at just 5,500 baht. The cost of your Type 2+ Car Insurance in Thailand will depend on several factors:
- Vehicle make, model, and year
- Location (province or city)
- Age of the driver
While prices can vary, typically ranging from 5,500 THB to 20,000 THB, many Thai drivers find Type 2+ Insurance to be a cost-effective option that provides essential coverage.
How can I get Cheaper Type 2+ Car insurance in Thailand?
There are several ways to reduce your premiums for Type 2+ Insurance:
Excess or Deductible
Choosing a higher deductible can lower your premium. But make sure you can afford the higher out-of-pocket expense if you need to make a claim.
Dealership and Garage Repairs
While the Dealership Repair plan will repair your car at an official brand dealership with original manufacturer parts, Garage Repair may use aftermarket parts for your repairs. That being said, garage repair plans are significantly cheaper, and sometimes repairs are done better.
Adjusting your coverage levels
Lowering your coverage will also lower your premium. Adjust your coverage to the levels you need but don't go too low - higher coverage with a higher premium often turns out more cost-effective in the long run.
Named Driver
By naming no more than two drivers on your policy, you can often lower your insurance cost premium.
Maintaining a clean driving record
Having a clean driving record will ensure your renewal premium stays where it is. Some insurers offer no-claims bonuses for accident-free years as well.
Remember, while saving money is important, ensure you're not compromising on essential coverage. Balancing cost with adequate protection is key to getting the best value from your Type 2+ Car Insurance in Thailand.
Special Coverage and Additional Extras
While Type 2+ insurance doesn't offer as many extras as Type 1, some providers may offer additional coverage options:
24/7 Roadside Assistance cover
This may be available as additional coverage like towing, battery jump-starts, and lockout assistance.
Remember that Type 2+ insurance focuses mainly on third-party liability, fire, and theft. Additional coverages may be more limited compared to Type 1 policies, but these options can help customize your policy to better suit your needs.
Which car insurance company is good for Type 2+ Car insurance?
When you're shopping for car insurance, it's smart to hunt for the best coverage you can get at a price that won't break the bank. Don't worry - all the insurance companies we list on our website are hand-picked and have proven themselves trustworthy over the years we've worked with them.
With Type 2+, 3+, and 3, the best policy is the one you can get right away. We think the company that can issue you the policy immediately is better since the coverage is very similar in most cases. You should make the most affordable decision.
But just in case, we've put together a list of the Top 5 car insurance companies in Thailand for Type 2+ car insurance. These are the cream of the crop when it comes to any car insurance coverage:
- Viriyah Insurance Public Company Limited
- Tokio Marine Safety Insurance (Thailand) Public Company Limited
- Bangkok Insurance Public Company Limited
- Thanachart Insurance Public Company Limited
- Muang Thai Insurance Public Company Limited
Can I buy an EV car type 2+?
Yes, we offer EV car Type 2+ insurance, which provides extensive coverage for electric vehicles. Type 2+ insurance includes third-party, fire, and theft coverage, along with additional protection for damage to your own vehicle from collisions with other vehicles.
Type 2+ insurance is a popular choice for those seeking comprehensive coverage without opting for the most expensive plan. We provide a range of options and additional features, making it easy for EV owners to find a policy that suits their needs and budget.
How to apply for Type 2+ Car insurance in Thailand?
Compare Plans & Premiums
Compare Plans & Premiums. Select the plan that is right for you.
Apply through our website or Our Agents
Apply Right Away with confidence, or contact our customer service team with more questions. You can also contact your CheckDi+ agents to see if they are managing your insurance for you.
Send Us the Necessary Documents
Send us the following documents to complete the process:
- Copy of your Passport or Thai Driving License
- Copy of your Green book or Registration or Deed of Sale
That's it: You're Covered
If your insurance starts today, you are covered. You will have coverage right away (after you receive a confirmation email from us) for third-party liability and damages from vehicle-to-vehicle collision. Coverage for damages due to collision without a third party or self-inflicted accident will become active only after you pass the car inspection. Some insurance companies will be okay with just pictures of your car, but most will schedule an inspection date with you 1-7 days after the confirmation. The original documents (policy) will then be sent to your mailing address within 7-14 days.
Frequently Asked Questions
What's the main difference between Type 2+ and Type 1 car insurance?
While Type 2+ offers good protection, including vehicle-to-vehicle damage, fire, and theft, Type 1 is more comprehensive, covering all types of accidents regardless of fault.
Does Type 2+ insurance cover flood damage?
Some Type 2+ policies include flood coverage, but not all. It's important to check the specific terms of your policy.
How many drivers can I add to my Type 2+ policy?
You can typically add up to 2 named drivers on your policy. Adding fewer drivers may help lower your premium.
Is Type 2+ insurance suitable for a new car?
While it offers good protection for a new car, you might want to consider Type 1 insurance for more comprehensive coverage.
Does Type 2+ cover damage to my car if I hit a stationary object?
Generally, Type 2+ doesn't cover damage from collisions without a third party involved. This would typically be covered under Type 1 insurance.
How quickly does my Type 2+ coverage become active?
Third-party liability and vehicle-to-vehicle collision coverage start immediately after you receive our confirmation email. However, other coverages may only become active after a car inspection.
Can I get roadside assistance with Type 2+ insurance?
Many providers offer roadside assistance as an additional option with Type 2+ policies. Check with your specific insurer for availability.
Is Type 2+ insurance a good option for older cars?
Yes, Type 2+ can be a cost-effective option for older cars, offering a balance of protection and affordability.
How does the car inspection process work for Type 2+ insurance?
Most insurers will schedule an inspection within 1-7 days after confirmation. Some may accept photos of your car instead of a physical inspection.
How to claim for Type 2+ car insurance?
To claim for Type 2+ car insurance:
- Contact your insurance company immediately after an incident.
- Provide all necessary details about the incident.
- Take photos of the damage and collect information from any other parties involved.
- Follow your insurer's instructions for submitting claim forms and supporting documents.
- For covered damages, you may need to have your car inspected at an approved garage.
Always keep your insurance policy number and emergency contact information handy in your vehicle for quick reference in case of an accident.
