Can the Vehicle Management Office Handle Compulsory Traffic Insurance?

[LeCaroline]

Vehicle management offices cannot handle compulsory traffic insurance. Below is an introduction to compulsory traffic insurance and the mandatory insurance system: Introduction to Compulsory Traffic Insurance: The full name of compulsory traffic insurance is "Compulsory Traffic Accident Liability Insurance for Motor Vehicles." It is a mandatory liability insurance where the insurance company compensates for bodily injury, death, and property losses of victims (excluding passengers of the insured vehicle and the insured) caused by road traffic accidents involving the insured vehicle, within the liability limits. Mandatory Insurance System: Compulsory traffic insurance is China's first mandatory insurance system implemented under national law. The insurance premiums follow a nationwide unified fee standard, as stipulated by the state. However, the prices of compulsory traffic insurance vary for different car models, with the main influencing factor being the "number of car seats."