Survey conducted by a reporter from Lao Dong Newspaper in early August at several insurance companies such as: PTI Motorbike Insurance of Vietnam Post and Telecommunications Group, Bao Viet Insurance, Military Insurance Corporation MIC, PVI Insurance Corporation… The selling price of civil liability insurance for motorbikes (motorbike insurance) is equivalent in price.
According to that, the price of motorbike insurance is popular with motorbikes over 50cc from various companies at 66,000 VND/year.
Electric motorbikes: 60,500 VND/year.
Motorbikes under 50cc: 60,500 VND/year.
Large displacement motorbikes, three-wheeled motorcycles, and other types of motorbikes over 175cc: 319,000 VND/year.
Insurance companies note that when purchasing motorbike insurance, citizens need the following documents:
National ID Card/Resident ID Card/Passport. A copy can be used.
Motorbike registration or motorbike license plate. A copy can be used.
Currently, citizens can purchase motorbike insurance in two simple ways as follows
Method 1: Purchase directly at reputable units
Currently, there are many bad individuals taking advantage of the trust of motorbike insurance buyers and profiting from fake motorbike insurance cards at low prices. Therefore, citizens can purchase motorbike insurance directly at motorbike insurance sales points such as distribution agents, reputable gas stations, and banks. Present necessary documents and pay the fee to the staff at the counter, and you will receive a compulsory civil liability insurance certificate and voluntary insurance certificate.
Method 2: Purchase motorbike insurance online
In addition, vehicle owners can choose popular payment applications such as My Viettel, Viettel Pay, Momo wallet, etc.
To purchase motorbike insurance on these applications, citizens need to download the app to their phone and log in. Then, select the motorbike insurance purchase feature, enter accurate information such as the provider, insurance package, vehicle information, and complete the payment process.
Immediately after successful purchase, the system will send you a digital motorbike insurance certificate (with QR code).
In the case of purchasing motorbike insurance for someone else or a non-owner vehicle, simply enter the accurate information of the person requesting insurance and follow the guided steps.