Is it necessary to purchase vehicle body insurance?

1 Answers
TaylorDella
07/30/25 7:13am
It is acceptable not to purchase vehicle body insurance, as only compulsory traffic insurance is mandatory. Other motor vehicle insurances can be purchased as needed. Below is the relevant introduction: 1. Compulsory Traffic Insurance: This is a mandatory liability insurance provided by insurance companies to compensate for personal injuries, deaths, and property losses (excluding the driver and passengers of the insured vehicle) caused by road traffic accidents involving the insured vehicle, within the liability limits. 2. Motor Vehicle Insurance: Motor vehicle insurance generally includes compulsory traffic insurance and commercial insurance. Commercial insurance consists of basic insurance and additional insurance. Basic insurance is divided into vehicle damage insurance, third-party liability insurance, comprehensive theft insurance (theft insurance), and on-board personnel liability insurance (driver liability insurance and passenger liability insurance).
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