How to Pay for Compulsory Auto Insurance?
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Compulsory auto insurance can be processed at any insurance company without specific designated locations. When purchasing a car, the dealership will collect the compulsory insurance fee. Starting from the second year, you need to pay the premium yourself. When applying for insurance, you must choose an institution affiliated with an insurance company approved by the state, rather than opting for convenience by randomly selecting an insurance agency. Compulsory auto insurance 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 vehicle, within the liability limits.