Question 1

What is the difference between comprehensive car insurance and third-party insurance?

Accepted Answer

Third-party insured individuals can add extra coverage items for a small additional premium, including:24-Hour Driver Support Coverage: Emergency roadside assistance, towing service, rental car costs during vehicle damage, and personal accident coverage for the insured and passengers of up to $270,000.Windshield Protection Coverage: Given the prevalence of highways and heavy vehicles in Hong Kong, windshields are more prone to damage from stones. Windshield protection compensates for damage to the insured vehicle's windshield due to accidents, with coverage of up to $3,000 per accident, and no deductible!

Question 2

What factors affect motor insurance prices?

Accepted Answer

Two main aspects influence motor insurance prices, including but not limited to:Driver's Profile: Age, driving experience, occupation, NCD, driving violations and past insurance records, etc.Insured Vehicle: Manufacturer, model, vehicle age, type of coverage (third-party or comprehensive), horsepower, etc.

Question 3

Does a suspended license count toward driving experience?

Accepted Answer

Yes. Insurance companies generally consider the full duration since a license was first issued as driving experience, even if the license was suspended at some point.While insurers can't rely solely on license duration to confirm actual driving history (e.g., borrowing a friend's car or renting occasionally), they assume that from the day a license is issued, the holder has driving experience. Therefore, a suspended license still counts toward your overall driving experience.

Question 4

Are there special restrictions for P-license holders when buying insurance?

Accepted Answer

Yes. In addition to the standard limitations of a P-license, motor insurance policies often include a deductible for "inexperienced drivers"—typically defined as those with less than two years of driving experience. This means P-license holders may face higher deductibles.If you're a P-license holder, it's important to:
                    
                      Compare premium costs across insurers.
                      Pay close attention to the deductible terms for inexperienced drivers.
                    
                    Important: Do not leave yourself unnamed on the insurance policy just to save on premiums. This violates the principle of utmost good faith and could result in the insurer denying compensation if an accident occurs.

Question 5

How is No-Claim Discount (NCD/NCB) calculated for private cars and motorcycles?

Accepted Answer

Year
          
            Private Cars/Taxis

Motorcycles/Commercial Vehicles

1st (First Purchase)
          0%
          0%

2nd
          20%
          10%

3rd
          30%
          20%

4th
          40%
          30% (maximum)

5th
          50%
          30% (maximum)

6th
          60% (maximum)
          30% (maximum)

Note: No-Claim Discounts cannot be shared or transferred between different vehicle policy groups.

Question 6

If the premiums are so low, will I still receive a claim payout after an accident?

Accepted Answer

Yes. The likelihood of receiving a claim payout is not directly tied to the premium amount. What matters is whether the policy is valid and the claim meets the insurer's terms.If you have concerns about the authenticity of your policy, you can always consult the underwriting insurance company or the relevant regulatory authorities.At Kwiksure, we've built a solid reputation over 20+ years in Hong Kong's motor insurance industry. With a 10,000+ sq. ft. office in East Kowloon, we operate with transparency and integrity—clearly disclosing important clauses (like "coverage only for named drivers") before you purchase.

Car Insurance Comparison

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Kwiksure Car Insurance Benefits

Low auto insurance premium

Wide Eligibility

Extensive coverage

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Flexible Add-Ons

Additional Benefits of Kwiksure Car Insurance

New-for-Old Protection

EV-Specific Coverage

NCD/NCB protection

Wide insurance coverage area

24-hour roadside emergency assistance

Complex Car Insurance Case? Kwiksure Can Help!

Why Choose Kwiksure?

Motor Insurance Experience

Number of Awards

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Insurer Partners

Car Insurance Premium Examples

Comparison of Third-Party Insurance and Comprehensive Insurance

Coverage

Third-Party Insurance

Comprehensive Insurance

I. Basic Coverage

II. Additional Coverage

Comparing Comprehensive Motor Insurance from Major HK Insurers

3 Steps to Secure Motor Insurance

Step 1

Step 2

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FAQs

What is the difference between comprehensive car insurance and third-party insurance?

What factors affect motor insurance prices?

Does a suspended license count toward driving experience?

Are there special restrictions for P-license holders when buying insurance?

How is No-Claim Discount (NCD/NCB) calculated for private cars and motorcycles?

If the premiums are so low, will I still receive a claim payout after an accident?

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Third-Party Motor Insurance

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