Does a new car from a 4S store come with insurance?
1 Answers
Insurance for a new car from a 4S store needs to be purchased by the owner. Below is an introduction to vehicle insurance: 1. Introduction: Vehicle insurance (also known as motor vehicle insurance or car insurance, referred to as auto insurance) is a type of property insurance that covers the vehicle itself and third-party liability. It provides compensation for personal injuries or property damage caused by natural disasters or accidents involving motor vehicles. 2. Categories: Vehicle insurance can be divided into commercial insurance and compulsory traffic insurance (CTPL). Commercial insurance further includes main vehicle insurance and additional coverage. The primary clients of vehicle insurance are legal entities and individuals who own various motorized vehicles. 3. Definition: A widely offered insurance product in China, it covers motor vehicles such as cars, electric vehicles, motorcycles, and tractors as the subject of insurance. Vehicle insurance can be categorized into commercial insurance and compulsory traffic insurance. Commercial insurance includes main vehicle insurance and additional coverage.