Car Insurance
Car Insurance
BuyCar collaborates with insurance broker AWM to provide various car insurance quotes.
Additionally, we provide insurance information to help new drivers overcome the challenges of obtaining car insurance due to zero driving experience and no prior insurance records. With low entry requirements and high coverage, you can drive with peace of mind.
Special Notice: All car insurance information is provided by AWM and authorised for display on the BuyCar.hk platform.
Advantages
Quick Policy Issuance
After submitting all documents and making payment, a cover note will be issued within 30 minutes, ideal for urgent needs.
Low Excess
Apart from the premium, we negotiate very low excess, allowing you to claim with peace of mind when necessary.
Same-Day Quote
We compare premiums from major insurance companies, gathering the best prices in the city, making car ownership hassle-free.
Dedicated Follow-Up
Our professional insurance team tailors plans for you, answers questions, handles claims, and provides emergency contacts.
Three-Step Insurance Enrollment
1Provide Basic Information
Submit basic details about the owner, driver, and car.
Provide Basic Information
Submit basic details about the owner, driver, and car.
2Choose Insurance Type
Select the type of insurance that suits you best.
Choose Insurance Type
Select the type of insurance that suits you best.
3Wait for Specialist Contact
A specialist will contact you to choose the most suitable insurance plan.
Wait for Specialist Contact
A specialist will contact you to choose the most suitable insurance plan.
* Basic Information Includes: ID number, valid driver’s licence, vehicle registration document , renewal notice (if any).
* Basic Information Includes: ID number, valid driver’s licence, vehicle registration document , renewal notice (if any).
Third-Party Insurance VS Comprehensive Insurance
Coverage Scope
Third-Party (Property Damage & Death or Bodily Injury)
Insured Vehicle Damage
Medical Expenses
New for Old Replacement in the First Year for New Cars
7-Day Temporary Substitute Vehicle Coverage
No-Claim Discount Protection
Lost Keys
"Zero" Depreciation Parts Repair within a Specified Period
Flood
Fire
Traffic Accidents
Theft
Third-Party Insurance
Comprehensive Insurance
Common Questions
Comprehensive or Third-Party, Which to Choose?
According to Hong Kong law, all vehicle owners must purchase "Third-Party" insurance to cover bodily injury and property damage to third parties. The second type, commonly known as "Comprehensive Insurance," covers not only third-party risks but also losses due to natural disasters, traffic accidents, and theft, providing broader coverage.
What is Excess?
Excess, also known as deductible, is the amount the policyholder must pay out-of-pocket before the insurance company covers the remaining costs within the policy limit. Generally, the lower the premium, the higher the excess. Excess varies depending on different insurance plans.
What Factors Affect the Final Premium Pricing?
Five main factors determine the final premium: ① Car Model; ② Year of Manufacture; ③ Insured's Age and Driving Experience; ④ Accident History; ⑤ Previous Insurance Claim History (if any), etc.
Can Policy Information be Changed After Completing the Insurance Process?
If you need to change the information on your policy, feel free to contact the AWM car insurance team at any time. Please note that some changes (e.g., adding a named driver, changing vehicle model) may affect premiums and other terms.