Bao Viet auto insurance

To minimize financial loss when encountering risks, having auto insurance is essential for car owners. So in today’s market, which company provides the most reputable type of auto insurance? IBAOHIEM would like to introduce to customers Bao Viet auto insurance – insurance package provided by the leading insurance brand in the Vietnamese market. Please follow IBAOHIEM’s article below.

Scope of compensation for damages:

Bao Viet auto insurance is responsible for compensating car owners for damages caused by natural disasters, unexpected and unforeseen accidents in the following cases:

• Collision, overturning, falling, shifting the center of gravity, sinking, or falling the entire vehicle; being dropped or impacted by other objects; Other people’s destructive behavior such as smashing, cutting hard objects on the car body…
• Car fires and explosions.
• But force majeure disasters caused by nature such as falling trees and thunderstorms can damage the car.
• Loss of entire vehicle, due to theft, burglary, or robbery

In addition to the above compensation, Bao Viet also compensates the vehicle owner for necessary and reasonable expenses as agreed in the contract to perform the work as requested and instructed by Bao Viet when a loss occurs ( covered by insurance), including the following costs:

• Costs of preventing and limiting additional losses
• The cost of rescuing and transporting the damaged vehicle to the nearest repair place must not exceed 10% of the vehicle’s insurance amount.

In addition to the above basic insurance benefits, car owners can choose additional benefits with the condition of paying an additional fee:

• Theft of vehicle parts includes parts attached to the vehicle according to the manufacturer’s design such as mirrors, wipers, etc.
• Flood insurance in case the car suffers engine damage or electrical damage due to driving into a flooded area.

Settlement of compensation benefits:

• In case of compensation for parts loss: Bao Viet is responsible for paying the actual costs to repair or replace damaged parts, or pay the vehicle owner to compensate for the loss on the basis of determining the costs. Repair and damage recovery fees may be payable. Actual repair costs will be based on the quote from the garage/repair workshop system affiliated with Bao Viet.
• In case of total loss compensation for a stolen or hijacked vehicle or vehicle repair estimate approved by Bao Viet with an estimated repair cost of over 75% of the car’s market price: Bao Viet Pay the full compensation amount equal to the market value of the vehicle before the accident (loss) and does not exceed the insurance amount stated on the Contract/Certificate/Insurance Policy.

Insurance money: The vehicle owner can agree on a vehicle physical insurance amount equal to or lower than the vehicle’s market value. The insurance amount will be specified on the Insurance Contract/Insurance Certificate/Insurance Policy.

Customers can contact IBAOHIEM – a leading reputable unit specializing in consulting and providing Bao Viet insurance products, including auto insurance. A team of highly qualified consultants will accompany and support all customer requirements during the process of buying and using insurance.

Above is the information about the package Bao Viet auto insurance that IBAOHIEM wants to share with customers, hoping to help customers better understand the product.

Learn product details here: Bao Viet car insurance

After you have learned about the product and you need advice or contact to buy insurance, please do the following:

1/ Method 1: Send support or information via forms on articles or websites.

2/ Method 2: Call or text the hotline number: 0966 490 888 – 02466 569 888 for staff to advise and answer questions.

3/ Method 3: Send request email to mailbox: Kinhdoanh@ibaohiem.vn The content of the request is consulted or answered. Note: please leave your phone number so that consultants can contact you as quickly and conveniently as possible.

4/ Method 4: Send Viber or Zalo message via phone number: 0966 490 888 with the content of needing support or advice.