Personal liability insurance safeguards you financially if you unintentionally cause injury to someone or damage their property while traveling in Vietnam. While less common than medical insurance, it offers invaluable peace of mind during your trip. Delve into our guide to learn more about Personal Liability Insurance.
Is Personal Liability Insurance Recommended for Vietnam?
While Vietnamese are generally understanding in the event of an accident involving their property or themselves, lawsuits can still arise depending on the circumstances. So, although personal liability insurance may not be a top priority, it can be a valuable financial safety measure for your trip to Vietnam.
How Much Personal Liability Coverage Do You Need for Vietnam?
The most effective method is to compare local standards: Evaluate the cost of living and potential repair expenses in Vietnam to ascertain an appropriate coverage amount. However, determining an exact coverage amount can be challenging given the endless possibilities of accidents,
For a general estimate that covers most average accidents in Vietnam, a coverage range of USD 50,000 – USD 100,000 is advisable. It’s crucial to carefully review each travel insurance policy, as coverage under personal liability varies from one policy to another.
Personal Liability in Vietnam: Examples
Question: What happens if I accidentally break someone’s phone while navigating the busy Ben Thanh Market in Ho Chi Minh City?
Answer: In this case, your personal liability insurance would likely cover the replacement of the damaged phone.
Question: What if I crash my rented motorbike into a private property gate in Da Nang, but authorities discover I was speeding and not following traffic laws?
Answer: If the accident occurred due to violating traffic laws, your insurance provider will likely deny coverage, as accidents must typically happen within legal boundaries to be eligible for coverage.
