Is it still necessary to display the compulsory insurance sticker for small cars?
1 Answers
With the electronic insurance policy, it is no longer necessary to display the compulsory traffic insurance sticker. The following is relevant information about compulsory traffic insurance: 1. Description: Compulsory traffic insurance is a national mandatory insurance, and only after purchasing it can the vehicle be driven on the road. Compulsory traffic insurance compensates for the losses of the victim party, but the compensation amount is limited, and it does not compensate for the losses of the insured vehicle owner. Nowadays, traffic accidents occur frequently, and even a simple collision or rear-end collision requires commercial vehicle insurance as a supplement. 2. Notes: Compulsory traffic insurance and third-party liability insurance must be purchased, but do not overlook vehicle damage insurance, especially for novice drivers who are not yet skilled. Vehicle damage insurance can ensure sufficient compensation for the vehicle in the event of an accident.