about car insurance

hi guys,
only as info, my friend who has had the accident before, went to renew his car insurance , as his car is 8 years old he don't want to pay expensive 1st grade, but there is a middle way , he is now insured not grade 1 or 2 , about 7.000bath / year
this includes , third party liability 1.000.000 bath, /person , 10.000.000 bath / accident ,
damage to property 1.000.000 bath , damage to his own vehicle 100.000 bath ( almost as in grade 1 or 2) but this only when accident with third party and no theft or fire damage, self inflicted damage not covered..
coverage as per endorsement : lose of life , dismemberment , permanent disability 100.000 bath
driver 100.000 bath, passenger ( 4) 100.000bath / person, medical expenses 100.000 bath
bail bond 200.000 bath , i think it is a good deal , if he had this one before , he wouldn't have to pay himself to fix the
car ,( not exceeding the 100.000) and i am sure his insurance would have done more to recover this money from from the third party ( who in this case was wrong and went free) , as previously they even where not present at the police station, and they did not care.....
i think good deal when driving an older car...what you guys think ?

Got something very similar through KBank for our 13 year old Nissan NV for 3,000Baht

hi global,
can you provide some details , as my friend not yet make the insurance i think , he only informed, ash e too has a nissan nv , would be nice to know where the difference in price is, he also payed before only 2300 bath ( because longtime no accidents..) , normal price was 3600, but than this they call grade 3, so is your old nv also insured damage to own vehicle?
thanks for any answer ....

If he goes into any branch of KBank and asks about car insurance they will offer him 3 choices. basic, Grade 3, which is what I got and Grade 5 which has higher coverage (250,000 coverage for damage to own vehicle) at about 7000Bht. Documentation is all Thai. If he wants to go ahead with it, they call the company on line and set it all up. He gets the insurance pack and the documentation follows in the post in a few days.

I pay 217,000 Baht a year for 4 cars and a cargo van here in New Jersey, USA. Reading this thread made me want to move to Thailand.... I am not kidding either....