How to Check Compulsory Traffic Accident Liability Insurance for Motorcycles?
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To check the compulsory traffic accident liability insurance for motorcycles, you need to visit the traffic police station, vehicle management office, or insurance company's business hall. Below is relevant information about compulsory traffic accident liability insurance: 1. Introduction: The full name of compulsory traffic accident liability insurance is 'Compulsory Traffic Accident Liability Insurance for Motor Vehicles'. It is a mandatory liability insurance where the insurance company compensates for personal injuries, fatalities, and property losses (excluding the vehicle's occupants and the insured) caused by road traffic accidents involving the insured motor vehicle, within the liability limits. 2. Coverage: Compared to the more than 20 exemption clauses in commercial third-party liability insurance, compulsory traffic accident liability insurance has fewer exemptions, such as 'losses caused intentionally by the victim', 'property losses of the insured themselves', 'related arbitration and litigation costs', and certain indirect losses caused by the accident, providing much broader coverage. Moreover, regardless of whether the insured vehicle is at fault in the accident, compulsory traffic accident liability insurance provides compensation within the liability limits, with no deductible or coinsurance.
