How to Buy Car Insurance Cost-Effectively?
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Car insurance most cost-effective buying methods: 1. Be sure to choose a formal insurance company; 2. Compulsory traffic insurance must be purchased; 3. Third-party liability, vehicle damage, and no-deductible insurance are also key coverage types to consider. Relevant information about compulsory traffic insurance is as follows: 1. Introduction: The full name of compulsory traffic insurance is 'Motor Vehicle Traffic Accident Liability Compulsory Insurance.' It is a mandatory liability insurance where the insurance company compensates for personal injuries, deaths, or property losses (excluding the vehicle's occupants and the insured) caused by the insured motor vehicle in a road traffic accident within the liability limits. 2. Necessity: Compulsory traffic insurance ensures that victims of motor vehicle traffic accidents receive compensation and promotes road traffic safety. It provides timely and basic protection for traffic accident victims.