What are the mandatory insurances for a new car in the first year?

[DelKennedy]

For a new car in its first year, compulsory insurances include compulsory traffic insurance, third-party liability insurance, vehicle damage insurance, scratch insurance, and no-deductible insurance among other commercial auto insurances. Below are the relevant introductions: 1. During vehicle use: Whether it's a new or old car, there are risks involved in driving. Commercial insurance serves as a supplement to compulsory traffic insurance. Relying solely on compulsory traffic insurance is not wise, as accidents can result in substantial costs. To mitigate risks, it is recommended that car owners consider their needs and usage environment to decide whether to purchase certain types of insurance. 2. Vehicle damage insurance: This insurance covers the policyholder in the event of a traffic accident that causes damage to the vehicle, with the insurance company providing compensation within a reasonable range. Third-party liability insurance provides compensation for injuries to others or damage to others' property caused during driving, as agreed upon by the insurance company.