Does Compulsory Traffic Insurance Cover Vehicle Damage?

[DelBenjamin]

Compulsory traffic insurance does not include vehicle damage insurance. Here are the relevant details: Vehicle Damage Insurance: Compulsory traffic insurance and vehicle damage insurance are two different types of coverage. Vehicle damage insurance is responsible for compensating for the loss of the insured vehicle caused by natural disasters and accidents. It is the most widely used type of vehicle insurance. Whether it's minor scratches or severe damage, the insurance company will cover the repair costs, playing a crucial role in protecting the interests of vehicle owners. Compulsory Traffic Insurance: Compulsory traffic insurance has its own compensation standards, which are the liability limits for motor vehicles involved in road traffic accidents: compensation limits for death and disability, compensation limits for medical expenses, and compensation limits for property losses.