Should car insurance be purchased one month in advance?
1 Answers
Renewing car insurance does not require purchasing it one month in advance, but it is recommended to do so. Purchasing it half a month in advance or even three days in advance is also acceptable, as long as the renewal is completed before the policy expires. Here is some relevant information about car insurance: Introduction: Motor vehicle insurance is a type of property insurance, also known as auto insurance, which covers the vehicle itself and third-party liability associated with the vehicle as a form of transport insurance. Types of Motor Insurance: Motor vehicle insurance generally includes compulsory traffic insurance (CTPL) 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 passenger liability insurance (driver liability insurance and passenger liability insurance).