How Many Years Should New Car Insurance Be Paid At Once?
1 Answers
Car insurance is paid annually. Below is an introduction to various insurances: 1. Compulsory Traffic Insurance: Insurance Liability: Covers personal injury, death, and property damage caused to victims (excluding the vehicle's occupants and the insured) in road traffic accidents. Compensation Items: Includes death and disability compensation, medical expense compensation, and property loss compensation in traffic accidents. 2. Third-Party Liability Insurance: Insurance Liability: In the event of an accident caused by the insured or a qualified driver permitted by the insured while using the insured vehicle, resulting in personal injury, death, or direct property damage to a third party, the insurance company will compensate according to the "Road Traffic Accident Handling Measures" and the insurance contract. Compensation Items: The compensation for third-party liability insurance is based on the scope, items, and standards stipulated in the "Road Traffic Accident Handling Measures." In specific compensation cases, the exclusions specified in the insurance contract should be deducted, and the details are listed in the car insurance exclusions section.