How Many Types of Car Insurance Are There?

1 Answers
VonElliot
07/29/25 9:35pm
Car insurance generally includes five types: compulsory traffic insurance, third-party liability insurance, vehicle damage insurance, passenger liability insurance, and theft & robbery insurance. Below are the details: Compulsory Traffic Insurance: Mandatory for all vehicles on the road, covering liability for traffic accidents. Third-Party Liability Insurance: Covers damages caused to third parties in accidents, required for vehicle inspections. Vehicle Damage Insurance: Protects against losses to the vehicle during operation. Passenger Liability Insurance: Divided into passenger insurance and onboard personnel insurance, mainly compensating for injuries to passengers in single-vehicle accidents. Theft & Robbery Insurance: Covers direct financial losses due to vehicle theft or robbery.
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