How Many Types of Car Insurance Should You Purchase?
1 Answers
Compulsory traffic insurance is mandatory, while other types of car insurance should be selectively purchased based on the actual situation of the car owner. Below is a detailed introduction to the types of car insurance you may need: 1. Basic Insurance: Basic insurance includes vehicle damage insurance and third-party liability insurance. Vehicle damage insurance covers compensation for losses suffered by the vehicle, while third-party liability insurance covers compensation for personal injuries and fatalities resulting from traffic accidents. 2. Additional Insurance: There are various types of additional insurance, commonly including theft insurance, spontaneous combustion insurance, water damage insurance, separate glass breakage insurance, seat insurance, and no-deductible insurance.