Get Peace of Mind on the Road With the 5 Best Car Insurance in Vietnam
Driving in Vietnam is such an experience, especially when you know how chaotic it can be. The streets are always buzzing, and accidents are inevitable — even if you’ve been very careful.
Getting car insurance in Vietnam gives you peace of mind, knowing that whatever happens on the road, you’re protected. So, by all means, never deny yourself (and your car) the protection it deserves.
Find the coverage that truly fits your needs with the providers listed below!
How much does car insurance cost in Vietnam?
Car insurance in Vietnam typically starts from 480,700 VND up to 15 million VND annually.
1. Liberty Insurance
Address: Vincom Office Building, 45A Lý Tự Trọng, Bến Nghé, Quận 1, Hồ Chí Minh
Phone: +841800599998
Business hours: Monday to Friday, 8:30 AM–12 PM, 1–5:30 PM
Liberty Vietnam is owned by the global group Liberty Mutual, which means you’ll get premium car insurance with international standards and practices.
Their “AutoCare” offers full-coverage insurance that covers fire, collisions, theft, natural disasters, and more. It also comes with an impressive list of assistance, such as 24/7 towing, hydrolocked engine coverage (for water damage), and a nationwide network with garages for repairs.
Liberty’s process is pretty simple: just visit their online portal and you’ll get your car insurance quote instantly. If you’re not comfortable with this, you can go ahead and ask for a quote via phone call.
They may not be the cheapest option in the market, but they’re pretty reliable. Not only do they offer impressive coverage and assistance, but they also offer installment plans with zero interest.
And if you get lucky, you might even get a voucher worth up to 3.5 million VND.
I highly recommend them
“The best insurance provider in Vietnam for foreigners. Very friendly staff. Great service. It is hard to find good insurance in Vietnam.”
Jean Michoud, Google Reviews
Great
“Resolve compensation claims quickly and simply. Very satisfied with staff attitude. I will continue to buy insurance for my car after it expires.”
Phu Nguyen, Google Reviews
2. MSIG
Address: The Hallmark, Đ. Trần Bạch Đằng, Quận 2, Thủ Đức, Hồ Chí Minh 700000
Phone: +842838219030
Business hours: Monday to Friday, 8 AM–5 PM
MSIG is another foreign-owned insurance provider that offers comprehensive motor insurance — covering physical damage, bodily injury to the driver and passengers, and third-party liability costs.
They’re pretty specific about their exclusion list, with acts such as non-certified vehicles and intentional accidents, covering a broad range of claims to keep you protected.
Overall, they’re a good pick if you want a reliable insurer with decent reach, solid policy, and strict standards.
However, looking at it, MSIG doesn’t offer much assistance (roadside rescue, towing, etc.) aside from their 24/7 hotline. This can be a letdown if you compare it to other providers.
Very satisfied with this insurance.
“I have used this company’s insurance and am very satisfied with the professional advice of the staff. My claim was processed quickly.”
Quyen Pham, Google Reviews
Good experience
“I asked for advice on car insurance, and the consultant was enthusiastic. I also felt secure.”
Vo Hong Nga, Google Reviews
3. BIC
Address: 101 Lê Hồng Phong, Đông Thành, Ninh Bình
Phone: +842293888268
BIC is a provider tied to one of Vietnam’s largest banking groups, BIDV. In fact, BIC is among the top providers for car insurance in Vietnam.
For its motor or car insurance, BIC offers compulsory civil liability insurance for damage to third parties, plus other optional coverage — including physical damage, personal accident, and more.
And as part of their car insurance policy, they also provide endorsements for garages, new for old, engine hydrolock, and many more.
However, the only challenge is that in extremely remote areas, BIC’s repair or claim processes may lag. But the good thing is, their reach is still better than smaller providers.
Great
“Branded and reputable business, enthusiastic customer care, and consulting.”
Quang Hung, Google Reviews
Very good
“Very good service quality, takes care of customers anytime, anywhere.”
Bich Puong, Google Reviews
4. Bao Viet Da Nang
Address: 97 Trần Phú, Hải Châu, Đà Nẵng
Phone: +84888333710
Business hours: Monday to Friday, 8 AM–5:30 PM
Bao Viet is one of Vietnam’s biggest and oldest non-life insurance providers with a high brand recognition all over Vietnam. Over the years, they’ve been consistent in providing excellence and have been awarded multiple times.
Bao Viet’s car insurance policy is comprehensive, offering both compulsory and optional products — and with services including free rescue within 70km, 24/7 hotline, flexible premiums, and more.
Not long ago, the firm launched its digital telematics product, which is a tool that uses journey monitoring (speed, time, distance, etc.) to reward safe driving and refine risk grading.
Not only that, you can purchase their auto insurance online with a fast quotation and a simplified process.
While their premiums aren’t the cheapest option, especially for new customers, these premiums can potentially be lowered over time if you have a good track record in their journey management system.
Satisfied
“Beautiful and friendly office. There is a parking space and an elevator to pick up customers from the ground floor. The staff is friendly and quick, not making customers wait. The procedure for issuing applications and settling insurance benefits is quick. There is an app on the phone to help process insurance purchases and online compensation faster. Very professional.”
Doan Quang Hai, Google Reviews
Great
“Quick and easy procedure, enthusiastic guide, quick answer to all questions.”
Bui Nhan Nhan, Google Reviews
5. HSBC
Address: E.Town 3, 364 Cộng Hòa, Phường 13, Tân Bình, Hồ Chí Minh
Business hours: Monday to Friday, 8 AM–5 PM
HSBC’s car insurance product covers physical damage to your car, third-party liability, and protection for the driver and passengers. Clients can choose one or get them altogether.
Their assistance is impressive as well: immediate accident guidance, 24/7 hotline, and free rescue service within a 70km radius.
One important thing to note, HSBC acts as a distribution channel for Bao Viet. However, HSBC stopped selling new Bao Viet car insurance policies in November 2021.
This means that they only keep supporting renewals for clients who already bought car insurance from them, and they no longer accept new clients for car insurance.
But as far as features go, your banking relationship with HSBC can be integrated into your car insurance to simplify their services (automated payment, unified customer service, etc.)
With HSBC’s renewal policy, clients are guaranteed to get a discount if they opt for long-term insurance (12 months and above).
Quick service
“Super quick service, in and out with document update in less than 10 min.”
Nikhil Sharma, Google Reviews
Great staff
“The service is quite fast and relatively stable. It took me about 15-20 minutes to update my ID card information. The staff provided good support.”
Nguyen Trung, Google Reviews