Can the compulsory insurance purchased from a 4S store for a new car be refunded?
1 Answers
Can the compulsory insurance purchased from a 4S store for a new car be refunded? The answer is yes. Here are some considerations when purchasing insurance: Choosing an insurance company: If you are selecting car insurance on your own, the first step is to find a suitable insurance company. Be cautious when choosing small insurance companies, especially those that are not well-known. This is because filing claims with them can be difficult and troublesome, and their limited nationwide service networks may cause significant delays in processing claims, wasting the car owner's time. Selecting insurance items: When insuring a new car, choosing the right coverage is crucial. The first essential coverage is vehicle damage insurance, which offers great value for money and covers minor scratches and collisions. Next is third-party liability insurance, which serves as a good supplement to compulsory traffic insurance. It costs slightly more but provides much better protection. Additionally, if you don’t have a garage or a fixed parking space, theft insurance is advisable. Other optional coverages can be selected based on your specific needs.