What Car Insurance Should You Buy?

1 Answers
LeAlan
07/30/25 5:42am
Car insurance that should be purchased is as follows: 1. Compulsory Traffic Accident Liability Insurance: This is a mandatory insurance required by the state, and all vehicles must purchase this type of insurance. 2. Third-Party Commercial Liability Insurance: Since the compensation amount of compulsory insurance is limited, purchasing third-party insurance can cover the portion that exceeds the compulsory insurance limit. 3. No-Deductible Insurance: In the event of an accident requiring compensation, the insurance company normally covers 80% of the loss. 4. Vehicle Damage Insurance: This is a necessary insurance type that covers damages to the car, whether from collisions, scratches, water submersion, etc., ensuring compensation from the insurance company.
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