Each insurance company offers different types of car insurance coverage — so which one should you choose? Kwiksure takes you through a detailed look at Ping An’s 2026 car insurance plans, analyzing their coverage, pricing, and the pros and cons of Ping An car insurance to help you find the most suitable policy.
Ping An Insurance (Hong Kong) was established in Hong Kong in 1981 as an overseas subsidiary of the Ping An Group. The parent company was founded in Shenzhen in 1988 and is China’s first joint-stock insurance enterprise. Today, Ping An Insurance (Hong Kong) offers a wide range of insurance products, including not only motor insurance but also travel, home, domestic helper, and pet insurance.
In 2009, Ping An launched its online motor insurance platform, transforming the traditional way of purchasing insurance. Its key offerings include third-party and comprehensive coverage for private cars, along with 24-hour emergency assistance, towing, and claims recovery services. In recent years, the company has expanded its Northbound Travel for Hong Kong Vehicles offerings to align with the “Driven to the North” (Hong Kong–Mainland Cross-Boundary Driving Scheme) policy, introducing plans such as “HK–GBA Easy Drive,” which provides additional coverage like recognized equivalent add-on protection and vehicle damage cash subsidies.
Ping An Insurance Third-Party Liability Insurance Plan coverage includes accidental death or bodily injury to a third party, as well as damage to the property of others, but excludes damage to the insured's own vehicle and medical expenses. In addition, Ping An Insurance's auto insurance provides the insured with 24-hour emergency services, towing, and windshield replacement services.
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Ping An Insurance Third-Party Liability Insurance |
|
|
The third party dies or is injured. |
HK$100 million |
|
Third-party property loss |
HK$2 million |
|
Towing service |
✔ |
|
24-hour emergency service |
✔ |
|
Personal accident of registered driver |
✔ |
|
Replace windshield |
✔ |
Ping An Insurance Comprehensive Insurance Service Plan in addition to providing third-party liability insurance, it also covers medical expenses for bodily injury caused by traffic accidents and repair costs for the insured's own vehicle caused by accidents. Other additional coverages include No Claims Discount (NCB Protector) and trade-in compensation (applicable only to brand new vehicles). Selected comprehensive insurance plans also include extended key coverage, full glass protection, and 24-hour roadside emergency assistance.
Ping An’s comprehensive car insurance includes a No Claim Discount (NCD) Protection feature. Under the standard terms, if the claim amount within a year does not exceed HK$60,000 or 15% of the sum insured, policyholders can retain their existing No Claim Discount (NCD).
In addition, for cross-border plans such as “HK–GBA Easy Drive”, all claims arising in Mainland China are processed separately and will not affect the NCD in Hong Kong.
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Comparison of general comprehensive car insurance and Ping An Insurance's comprehensive car insurance with no-claim discount coverage (private car) |
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|
No claim period |
Typical car insurance discount levels |
China Ping An Insurance's Comprehensive Insurance Plan Discount Levels |
|
Less than a year |
0% |
0% |
|
One year |
20% |
20% |
|
Two consecutive years |
30% |
30% |
|
Three consecutive years |
40% |
40% |
|
Four consecutive years |
50% |
50% |
|
Five consecutive years |
60% |
60% |
|
No-claim discount protection |
HK$50,000 to HK$60,000 per year |
The total claim amount is less than 50,000 or 20% of the insured amount. |
*Applicable only to designated service providers
|
Insurance Plan |
Third Party |
Comprehensive |
|
Third-party liability |
||
|
The third party dies or is injured. |
HK$100 million |
HK$100 million |
|
Third-party property loss |
HK$2 million |
HK$2 million |
|
Serve |
||
|
24-hour emergency roadside assistance |
✔ |
✔ |
|
24-hour free towing service |
✔ |
✔ (Maximum $2,000) |
|
Insured's own and vehicle accidents |
||
|
Damage to one's own car |
✖ |
✔ |
|
Personal accident |
✖ |
✔ |
|
Medical expense reimbursement |
✖ |
✔ |
|
Windshield and window protection |
✖ |
$3,000 |
|
Repair |
||
|
Trade-in guarantee |
✖ |
✔ (Applicable to brand new cars) |
|
Zero-depreciation parts repair |
✖ |
✔ |
|
Other protections |
||
|
No-claim discount protection |
✖ |
✔ |
|
Claim recovery services |
✖ |
✔ |
|
Temporary replacement vehicle |
✖ |
$1,000, maximum $5,000 |
|
Extended protection for car keys |
✖ |
$10,000 |
For example, a 35-year-old driver with a 6-year driving history, 60% NCD, and a 2023 Toyota Sienta (insured amount of HKD 250,000).
|
Insurance Company |
Third Party |
Comprehensive |
|
$1,671 |
$4,265 |
|
|
$1,527 |
$3,977 |
|
|
$2,062 |
$5,933 |
|
|
$2,314 |
$4,710 |
|
|
$1,560 |
$5,210 |
|
|
$2,038 |
$4,250 |
*The above quotes are for reference only as of February 13, 2026. All information is subject to the announcements of the relevant insurance companies.
For example, a driver who is 50 years old, has a 10-year driving license, 60% NCD, and has a BYD Seal (insured amount of HKD 300,000) in 2023.
|
Insurance Company |
Third Party |
Comprehensive |
|
$1,671 |
$4,469 |
|
|
$5,470 |
$4,890 |
|
|
$2,062 |
$5,690 |
|
|
$1,974 |
$2,814 |
|
|
$1,560 |
$4,680 |
|
|
$1,825 |
$4,152 |
*The above quotes are for reference only as of February 13, 2026. All information is subject to the announcements of the relevant insurance companies.
With over 25 years of experience specializing in insurance plans, Kwiksure compares more than 60 insurance companies and offers highly competitive premiums for both comprehensive and third-party car insurance.
|
Insurance Company |
Self-insurance for vehicle damage |
No-claim discount protection |
Medical expense reimbursement |
Car rental/charter guarantee |
Automotive glass |
Lost car keys |
|
✔ |
$60,000 or 15% of the insured amount |
✔ |
$1,000, maximum $5,000 |
substitute vehicles All car windows ($3,000) |
$10,000 |
|
|
✔ |
$100,000 |
$10,000 |
$1,000 per day, maximum 5 days |
Windshield/Window ($5,000) |
✖ |
|
|
✔ |
$60,000 or 15% of the insured amount |
$2,000 |
80% of the rent (maximum coverage of $1,000 per day, maximum coverage of $5,000 per incident). |
Windshield ($5,000) |
✖ |
|
|
✔ |
$60,000 or 20% of the insured amount |
$4,000 |
$4,000 per accident or per coverage period (maximum $1,000 per day) |
Windshield ($5,000) |
✖ |
|
|
✔ |
$60,000 or 15% of the insured amount |
✖ |
80% of the rent (maximum coverage of $1,000 per day, maximum coverage of $5,000 per incident) |
Windshield/Sunroof ($5,000) |
✖ |
|
|
✔ |
$50,000 or 15% of the insured amount |
$2,000 |
$500 / day |
Windshield (no change required) |
$2,000 |
*All information is subject to the announcements of the relevant insurance companies.
|
Insurance Company |
The third party dies or is injured. |
Third-party property loss |
24-hour emergency roadside assistance |
24-hour free towing |
|
$100 million |
$2 million |
Up to $2,000 |
Up to $2,000 |
|
|
$100 million |
$2 million |
✔ |
Up to $2,000 |
|
|
$100 million |
$2 million |
✖ |
✖ |
|
|
$100 million |
$2 million |
✖ |
✖ |
|
|
$100 million |
$2 million |
✖ |
✖ |
|
|
$100 million |
$2 million |
Free referral |
Free referral |
*All information is subject to the announcements of the relevant insurance companies.
Ping An allows policyholders to purchase insurance online or by phone anytime and anywhere, offering greater convenience and flexibility.
The Ping An third-party plan includes benefits such as windscreen replacement, 24-hour free towing, and emergency roadside assistance — features not always covered by standard third-party plans in the market.
The comprehensive plan provides windscreen protection, NCD protection, key replacement, and a temporary replacement vehicle — all of which are highly practical for car owners.
The “HK–GBA Easy Drive” cross-border plan offers equivalent recognition add-on coverage and vehicle damage cash subsidies, making it ideal for drivers who frequently travel between Hong Kong and Mainland China.
Ping An currently does not offer EV-specific coverage such as protection for electric chargers or related components.
Compared with other insurers, Ping An’s windscreen coverage limit is relatively lower.
The official Ping An Insurance Hong Kong website offers instant car insurance quotations and allows users to purchase policies online. Policyholders can also submit insurance claims directly through the website. In addition, the site provides a variety of insurance product information, the latest promotional offers, and useful insurance-related resources.
Yes. Whether you choose the Comprehensive Insurance or Third-Party Liability Insurance plan, Ping An provides 24-hour emergency roadside assistance and towing services.
First, you should report the incident to the police immediately and collect all photos and information related to the accident and parties involved. You must initiate the claims process on the official website within 21 days of the incident. After you submit your claim, you’ll receive a confirmation email. Provide all required documents or details listed in that email as soon as possible. Ping An will notify you once the claim review and processing are completed.
The official Ping An Motor Insurance website provides instant online quotes — simply enter basic vehicle details to receive your premium estimate. You can also get real-time quotes and apply for coverage via Kwiksure.
In addition to the promotions listed on the official Ping An website, Kwiksure also provides updates on the latest Ping An car insurance offers.
A Ping An car insurance policy allows registration for up to two drivers — one as the “main driver” and the other as a “named driver".
Kwiksure has over 20 years of experience in the electric car insurance industry, comparing quotes from over 60 insurers in Hong Kong. Use our online quotation tool now to get a free electric car insurance quote!
The above information is for reference only. Kwiksure takes no responsibility for the accuracy and timeliness of the information. For the coverage, mode of compensation, benefit limit and premium levels of any specific insurance plan, please refer to the relevant policy terms.
Eric is a content creator for Kwiksure, responsible for writing articles on various topics such as cars, travel, domestic helpers, etc., striving to provide readers with detailed and practical information.
With over 20 years of experience in the media industry and driving, Eric has worked for several newspapers, magazines, and online media outlets. Apart from his passion for writing, he also enjoys the pleasure that driving brings. On average, he drives over 40,000 kilometers per year.
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