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Under the law of Hong Kong, if you possess a vehicle, you are required to purchase a Car Insurance coverage for that vehicle. It is also obligated that the vehicle owner must show a valid certificate of insurance and other supporting paper works before he is given a vehicle registration license from the HKSAR Government.

The car holders in Hong Kong are offered various options for Car Insurance coverage which are available in several insurance companies from which the owners are advised to choose the most suitable one. Popular forms of car insurance protection which are provided by CCW Global include:

Third Party Car Insurance

Comprehensive Car Insurance

Corporate Vehicle and Fleet Insurance

Third Party Car Insurance

Third Party Car Insurance is the minimum legal requirement for your Motor Vehicle Insurance policy in the special administrative region of China. This kind of coverage gives you basic protection against your liability to third parties in cases of a crash causing personal injury or death.  In fact, it is common in Hong Kong that most insurers do not offer only insurance covering in case of injury or death caused to a third party, however, motor insurance policies in this country often include cover for damage to third party property.

The coverage limits for Third Party are HK$100 million for the cases of damage to persons and HK$2 million for physical asset damage, subject to deductible excesses.

 Comprehensive Car Insurance

Comprehensive motor insurance policies include Third Party insurance. This type of car insurance helps to protect you against your liability towards third parties regards to injuries, death, property harm.

With a Comprehensive Car Insurance package, you are surely to be less worried about the damage fixing cost of your vehicle even if you are at fault because it will cover that cost. Particularly, in case your car is stolen, you will be compensated as well.

Because of extension in covering vehicle theft and damage and the maintenance of what are already offered in Third Party protection, the Comprehensive Car Insurance is of course more expensive that the previous one.

Luxury and High End Car Insurance

One of the biggest concerns of the high-end luxury car owners in Hong Kong is to find out a proper insurance coverage for their vehicles. Recognizing this issue, CCW Global decided to provide a higher level of car insurance package, which then has become a perfect choice for the Ferraris, Aston Martins, and Porches and other expensive car owners. In addition to the standard covers which are the same as those in the Comprehensive Car Insurance, the car owners are more carefully protected by added benefits in this package, which can be very useful when extended risks occur.


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