Is There Insurance for New Cars?

[DanielaLee]

New cars do not come with insurance; it needs to be purchased separately. Below is a partial introduction to car insurance: 1. Components: Car insurance generally consists of basic insurance and additional insurance. Basic insurance is further divided into vehicle damage insurance and third-party liability insurance. 2. Coverage: Vehicle damage insurance covers the loss of your own vehicle; third-party liability insurance covers damages to targets outside your own vehicle, such as people and public property you hit, or the other party's car; passenger liability insurance covers the loss of people and property inside your own vehicle; theft insurance covers the loss when your vehicle is stolen; zero deductible ensures 100% compensation in case of an accident. If zero deductible is not purchased, you will be responsible for 30% of the deductible in each accident.