Is it no longer necessary to display the annual inspection and compulsory insurance stickers?
1 Answers
Currently, it is not mandatory to display the annual inspection and compulsory traffic insurance stickers. Below is an introduction to the compulsory traffic insurance for vehicles: Components: Auto insurance generally consists of two parts: basic insurance and additional insurance. Basic insurance is further divided into vehicle damage insurance and third-party liability insurance. Coverage details: Vehicle damage insurance compensates for the loss of your own vehicle; third-party liability insurance compensates for damages to objects outside your own vehicle, such as people hit, public property, and the other party's vehicle; passenger liability insurance compensates for injuries and property losses of people in your own vehicle; theft insurance compensates for the loss of your own vehicle in case of theft; no-deductible coverage ensures 100% compensation in case of an accident. If no-deductible coverage is not purchased, you will bear 30% of the deductible for each accident.