The Car Insurance cost in this article need to be updated.

The Car Insurance cost in this article need to be updated. It's not like 2000 RMB or something like that. Even for a car of 100,000 RMB per year.

For very basic car insurance in Shanghai. You have to have at least 4 insurance products to cover your car. Which are:
A. Traffic compulsory insurance
B. Third party liability insurance.
C. Car Damage Insurance
D. Car Theft Protection Insurance
It will be approx. RMB 4,300 if you covered above.

I found out that Shangcar provides a very informative intruction about car insurances in Shanghai: http://www.shangcar.com/buy_your_car_insurance_in_shanghai.htm/

Posted by David at 2007-12-17 15:02:40
Commented on
Living Cost in Shanghai - Driving