What insurance is required for a new car in the first year?

[DiJordan]

The mandatory insurance for a new car in the first year is compulsory traffic insurance, and commercial insurance can be selected based on actual circumstances. A detailed introduction is as follows: Compulsory Traffic Insurance: Compulsory traffic insurance is a mandatory liability insurance where the insurance company compensates for personal injuries, deaths, and property losses (excluding passengers in the insured vehicle and the insured) caused by road traffic accidents involving the insured motor vehicle, within the liability limits. Commercial Auto Insurance: Commercial motor vehicle insurance is voluntarily purchased by the vehicle owner from commercial insurance companies, in addition to the compulsory traffic insurance mandated by the state. Commercial auto insurance typically includes vehicle damage insurance, third-party liability insurance, theft insurance, and passenger liability insurance.