Is It Appropriate to Use Compulsory Traffic Insurance for Vehicle Scratches?

[LandonLynn]

If your own vehicle is scratched, you cannot claim under compulsory traffic insurance. However, if you scratch a third-party vehicle, you can use compulsory traffic insurance because it covers damages to third-party vehicles and individuals. For your own vehicle's damage, you need to have purchased vehicle damage insurance to file a claim. Compulsory traffic insurance is mandatory by the state, and you must have it to legally drive on the road. Otherwise, according to the Road Traffic Safety Law, the traffic management department of the public security authorities can impound the vehicle, require the party to provide the corresponding license, certificate, or complete the necessary procedures, and may issue a warning or impose a fine ranging from 20 to 200 yuan. Compulsory Traffic Insurance for Vehicles: The full name of compulsory traffic insurance is 'Compulsory Liability Insurance for Motor Vehicle Traffic Accidents.' It is a mandatory liability insurance where the insurance company compensates for personal injuries, deaths, and property losses of victims (excluding vehicle occupants and the insured) caused by road traffic accidents within the liability limits. The premium is based on the nationally unified standard rates. However, the price of compulsory traffic insurance varies depending on the vehicle type, primarily influenced by the number of car seats. Compared to the over 20 exemption clauses in commercial third-party liability insurance, compulsory traffic insurance covers a much broader range, including losses caused intentionally by the victim, the insured's own property losses, related arbitration and litigation costs, and some indirect losses from accidents. Moreover, regardless of whether the insured vehicle is at fault in the accident, compulsory traffic insurance will compensate within the liability limits without any deductible or exemption. Introduction to Electronic Insurance Policies: An electronic insurance policy is a digital policy issued by an insurance company using digital signature software and enterprise digital certificates that comply with the PKI system, bearing the electronic signature of the insurance company. An insurance policy, abbreviated as a policy, is the formal written proof of the insurance contract between the insurer and the insured. The policy must fully record the rights, obligations, and responsibilities of both parties to the insurance contract. The content recorded in the policy serves as the basis for both parties to fulfill their obligations. The insurance policy is proof of the establishment of the insurance contract. Advantages of Electronic Insurance Policies: Saves paper resources, eliminating the need to print insurance proof labels; Time-saving and convenient, unrestricted by time or location, with information accessible online anytime, quickly and easily; Can apply for reissuance or resending, eliminating concerns about losing it. If a physical copy is needed offline, it can be printed or mailed; Easy management, as electronic standardization makes it easier for insurance companies and traffic police departments to manage the insurance information of each vehicle.