How to Buy Insurance for a Newly Purchased Used Car?
2 Answers
Submit the corresponding documents to purchase, and select the required types of insurance. Whether it's the first year, the second year, or any subsequent years, the car owner must purchase compulsory traffic insurance because it is mandated by the state. As a major component of commercial insurance, vehicle damage insurance should definitely be purchased in the second year. For safety and peace of mind, it is highly advisable for the car owner to purchase third-party liability insurance in the second year. Third-party liability insurance and no-deductible insurance must be purchased, while other commercial insurance can be chosen based on actual needs.
I just bought a used car and, excited as I was, immediately started thinking about insurance. As a new driver with limited experience, my biggest fear is running into problems while driving. First, compulsory insurance is a must—it's required by law, and driving without it could lead to legal trouble. Next, I considered commercial insurance, like third-party liability coverage, which compensates others if I cause an accident, preventing financial ruin. I downloaded a comparison app on my phone, entered my vehicle details and driving record, and within minutes got quotes from PICC, Ping An, and others. I chose the one with the best value. The whole process took less than half a day. I reminded my friends to check the driving manual before buying insurance for a new car—don’t be as reckless as I was, driving off without preparation. Also, after buying insurance, always double-check the policy dates. For a used car transfer, the original insurance is usually invalid, so buying a new policy is the safest bet.
