What are the differences between the various Car Insurance Classes in Thailand?

In Thailand, the Por Ror Bor, Compulsory Motor Insurance ( CMI), is an obligation by law. Additional insurance cover options such as Class 1, Class 2+, 3+ or Class 3 are encouraged. Why so?

The infographic above gives an easy guide as to the differences between each cover option.

Compulsory Motor Insurance: This protection is the base cover legally necessary. Covers outsider risk to different drivers and their travelers. It covers clinical costs or death toll following a fender bender. Sum guaranteed are limited.

Class 1 Insurance: Covers you and your vehicle, any harm to outsider property, substantial injury just as misfortune because of fire and additionally burglary, and cataclysmic events including floods. Class 1 vehicle protection is useful for; Drivers searching for a large degree of cover accessible. Class 1 is an incredible decision in the event that you have another vehicle or a high worth vehicle.

Class 2+ Insurance: Is similar to Class 1 Insurance yet there is a limit to the sum covered in the event that you harm your own vehicle. Class 2+ vehicle protection is useful for drivers who have an older car and actually need peace of mind and can pay only somewhat less than Class 1 vehicle protection.

Class 3+ Insurance: Covers outsider obligation for harm to someone else's vehicle or someone else up to the safeguarded entirety. Additionally offers restricted inclusion for your own vehicle because of crashes as it were. Class 3+ vehicle protection is useful for d rivers on a tight spending plan or the individuals who own a low-value vehicle. This implies a lower premium. It is a good options for those who don't utilize their vehicle all the time.

Class 3 Insurance: This approach covers outsider property harm and outsider injury. It doesn't cover your vehicle. Class 3 vehicle protection is useful for old v ehicles. It is also the cheapest cover accessible, prescribed to those on an extremely limited spending mostly.