If you are looking for a decent insurance company for your employees visiting Asia, employees in Asia, then there are only a handful of foreigner-friendly companies to choose from. If you are a local, then obviously you will have no issues at all finding any type of vehicle insurance.
Even expats can get decent car insurance, but if you do not speak the local language and the company you use are not particularly foreigner friendly, then when you need to make a claim (as many have found out), your insurance company won’t be very helpful.
Imagine having to write your version out in their language, such as Thai, which has an alphabet that is unique to the country.
The Changing Face of The Car Insurance Industry in Asia
With so many foreigners now visiting places like Thailand for business or pleasure, the car insurance industry is becoming more foreigner friendly. The insurance companies have seen a market that has been untapped by many of its competitors.
An example of this would be companies such as Direct Asia not only cater to the firm’s own domestic citizens, but they have also gone out of their way to cater to foreigners too.
Here is a quick rundown on what to expect from such an insurance company:
Level 2 Car Insurance with directasia.com (ประกันชั้น2)
Direct Asia’s car insurance has a competitive price, multiple guarantees and the option of allowing you to add to or alter your protection as you wish. It would be hard to find a better company to go with in terms of customer care; Direct Asia’s insurance comes with a guarantee of arriving at the scene of an accident within 30 minutes. This is why directasia.com is such a strong option for drivers aged between 20-70 years old in Thailand.
The Level 2 car insurance – known as ประกันชั้น2 is only available on cars under 15 years old. However, this is still a premier service that ensures your policy will not be driven up in costs by older vehicles, which can possibly be unreliable.
What does the Level 2 car insurance offer?
- Third Party Bodily Injury
The policy covers up to 1,000,000 Baht per person
- Third Party Property Damage
Up to 2,500,000 Baht is covered in this insurance policy
- Own Damage – Fire
Covers the insured sum
- Own Damage – Theft
Covers the insured sum
Direct Asia’s insurance policies come in two basic plans:
- Value Plan
This allows for a second person to be made a part of the policy, which is an excellent option which many insurance companies do not offer.
- Flexible Plan
For larger families, or if you are living in Thailand with friends, then this is a great option which allows for an unlimited number of drivers to be added to the policy.
Why use a Company Like Direct Asia In The Insurance Industry?
There are always customer benefits when using a more established brand. They have a trusted name, several awards under their belt, a large number of very satisfied customers and strong financial backing. This means that they can offer competitive prices, whilst simultaneously guaranteeing a high level of customer satisfaction, what with their large number of garages throughout Thailand.
By choosing their Level 2 policy, you will have the peace of mind that you are part of a company that cares enough about their customers to guarantee services within half an hour in a country that can be plagued with traffic at times. You will also have the option to change to the Level 2+ or Level 1 policies if you ever want to add more to your policy.
As a brief comparison between the levels of insurance on offer:
Level 2 insurance covers – third party bodily injury and property damage, own property fire and theft.
Level 2+ insurance covers the same as Level 2, but with several additions, such as collision damage and a 24-hour towing service.
Level 1 insurance is the most comprehensive cover and has some huge additions – own vehicle collision damage, own damage due to natural disaster, windscreen/window breakage and the 24-hour towing service.
I would recommend this policy as a solid starting point with one of the most reliable Thai companies. As sad as it is to say it, the roads here in Thailand can be dangerous, so it is important to be with a company that you can trust. Whilst the Level 2 car insurance is not the most comprehensive, you can always easily change to one of the higher priced policies that offer a deeper degree of coverage, helping to alleviate some of the possible stress of driving on Thai roads!