Car Insurance in Thailand has different types of coverage. There are usually 4 types of coverage and the most popular one is First class insurance, because this will cover damages to your car and to any car that you collide with in cases of accidents.
This is the most popular type of insurance because it covers your car and any third party that is involved in case of accident. Coverage includes damage to your car, whether you are at fault or not, fire and theft, personal accident insurance, public liability and bail bond. Some First Class insurance have deductibles or excess to lower your premium but usually clients just go with no deductibles as the price is not that different.
This type of insurance also provides coverage for your car for damages and fire and theft but it will not cover the whole value of your car. Coverage includes, third-party, partial coverage for damages to your car, partial coverage for fire and theft, personal accident, public liability and bail bond.
This type of insurance is similar to Second Plus Class Insurance (Type 2+) but this class doesn’t have a cover for fire and theft. This class provides the coverage for your car for partial damages third-party, partial coverage for damages to your car, partial coverage for fire and theft, personal accident, public liability and bail bond.
This type of insurance only covers third-party and does not provide coverage for your car, in addition it also provides Personal Accident, Public Liability and Bail Bond.
To find the best plans for car and yourself, you must always compare between available plans and options and also take a look at the terms and conditions from both of the insurance companies and the OIC thoroughly.