What are the mandatory types of car insurance?

[DeThomas]

Mandatory car insurances include: 1. Compulsory Traffic Accident Liability Insurance: This is a legally required insurance in China that every car owner must purchase. It ensures basic insurance claims in the event of a traffic accident; 2. Third-party Liability Insurance: This insurance covers compensation for personal injuries or direct property damage caused to others (excluding the driver and passengers of the insured vehicle) in an accident, as stipulated by the insurance company; 3. Vehicle Damage Insurance: When the insured or an authorized driver causes damage to the insured vehicle in an accident while using it, the insurance company will provide compensation within reasonable limits. Car insurance, also known as motor vehicle insurance, is a type of commercial insurance that covers liability for personal injuries or property losses caused by natural disasters or accidents involving motor vehicles.