What are the consequences of not purchasing vehicle damage insurance?

[MacLola]

Vehicle damage insurance is not bought the consequences are: when the vehicle is scratched elsewhere, the owner needs to bear all the vehicle repair costs. In the event of a traffic accident, unless the other party is fully responsible, otherwise, when there is responsibility, they also need to bear part of the cost. Vehicle damage insurance in auto insurance belongs to commercial insurance and is voluntarily purchased. Vehicle damage insurance refers to a type of commercial auto insurance where the insurance company compensates within a reasonable range when the insured or their permitted driver causes damage to the insured vehicle during use due to an insurance accident. Vehicle damage insurance and third-party liability insurance are the basic insurances for vehicles, mainly compensating for the loss of the insured vehicle and the loss caused to third parties by the insured vehicle during use.