Is it mandatory to purchase full coverage insurance for the first year of a new car?

[CharlotteAnn]

Buying insurance should be decided based on your personal situation and the condition of the car. Additional information: If you feel it's insufficient, you can purchase commercial third-party liability insurance as a supplement. These additional insurance types are determined by your financial capacity and risk tolerance, including whether to buy them and how much coverage to purchase. For example, if the parts of the new car are expensive and you are a novice driver, you might consider purchasing collision coverage. For theft insurance, if you have a garage or a dedicated guarded parking spot, and you usually park in safe places when going out, you might consider whether to skip it. There are many types of insurance available. Commercial insurance options include: collision insurance, third-party liability insurance, and passenger insurance.

[DiGideon]

To be honest, I don't think it's mandatory to buy comprehensive insurance for a new car in the first year, but it's really a wise choice. For our vehicles on the road, compulsory traffic insurance is required by the state, while comprehensive insurance is additional commercial coverage like vehicle damage insurance, which isn't mandatory. A brand-new car is worth a lot of money, and if you accidentally scratch it or get into an accident, the repair costs can be shocking. When I bought my car a few years ago, I didn't get comprehensive insurance in the first year and ended up paying over 5,000 yuan out of pocket to fix a door I scratched while reversing—I regretted it so much. Since then, I've always recommended getting comprehensive insurance for new cars, especially if you're financing, as banks may require it to protect their asset. Overall, comprehensive insurance costs a few thousand yuan a year, but it saves you the hassle of hefty repair bills—it's worth it! Driving inherently comes with risks, and new cars are more delicate, so comprehensive insurance offers more complete protection. Don't skimp to save money and end up paying more later.

[DeGenesis]

I've been thinking about this for a long time. You don't really have to buy comprehensive insurance in the first year of a new car, but it's highly recommended! Comprehensive insurance is not a legal requirement, compulsory traffic insurance is mandatory. But think about it, you spent a lot of money on a new car, and if something happens on the road, repairs can easily cost tens of thousands. Paying out of pocket would be too stressful. When I got my new car in the first year, I opted for comprehensive insurance. A friend of mine didn't, and ended up spending thirty thousand on repairs after an accident—he almost went bankrupt. In comparison, I only spent a little over three thousand on premiums, which gave me much more peace of mind. If your driving skills are average or you often drive on highways, comprehensive insurance is even more practical. Remember, insurance is a small investment that protects your big assets. Also, check the insurance coverage—don't just buy the basic type; one that includes natural damage is more useful!

[AnnieAnn]

After getting my new car, I found out that comprehensive insurance isn't mandatory in the first year, just compulsory traffic insurance is enough. But as a beginner, I'd suggest you add comprehensive insurance for peace of mind. New cars are prone to bumps and scratches - when I bought full coverage in my first year, I really encountered minor accidents and the insurance company immediately handled the repair costs, saving me both worry and effort. Without full coverage, paying thousands out of pocket would be heartbreaking. The driving environment is complicated with parking difficulties and many novice drivers on the road, making risks higher. Don't skimp on insurance - safety first! When choosing insurance, just look at packages combining vehicle damage insurance and third-party liability coverage, costing a few thousand per year.