What car insurance must be purchased?
1 Answers
Mandatory car insurance to purchase is compulsory traffic insurance. Below are relevant introductions about car insurance: 1. Compulsory Traffic Insurance: It is a national mandatory car insurance that provides coverage for the other party's property and personal safety. 2. Non-Deductible Special Clause Insurance: The most important aspect of this car insurance lies in its absolute deductible rate. 3. Vehicle Damage Insurance: Vehicle damage insurance mainly protects the car. If the car is involved in an accident or suffers damage due to natural disasters, these losses can be compensated by the insurance company through vehicle damage insurance. 4. Third-Party Liability Insurance: This insurance primarily covers the personal injuries, deaths, and property losses of third parties in traffic accidents. To supplement the coverage limit of compulsory traffic insurance, a comprehensive third-party liability insurance is needed.