What Insurance Should You Generally Buy for a Car?

1 Answers
DelAxel
07/29/25 8:09pm
It is mandatory to purchase compulsory traffic insurance for a car. As for commercial insurance, it depends on the owner's willingness—you can choose to buy any type of insurance or none at all, and you can still drive without it. Among commercial insurance options, it is highly recommended to purchase third-party liability insurance and vehicle damage insurance. Car insurance is divided into two types: compulsory traffic insurance and commercial insurance. Below are the relevant details: Compulsory Traffic Insurance: This is a legally required insurance, and new cars without it cannot be registered or driven on the road. If you drive with an expired compulsory traffic insurance policy and are caught by traffic police, you will face certain penalties. Commercial Insurance: This includes vehicle damage insurance, third-party liability insurance, passenger liability insurance, and additional coverage, providing protection for the vehicle's own losses, third-party accident losses, and passenger injuries, respectively. If financial resources are limited, you can choose to insure only one of these based on your needs. If financially feasible, you can opt for full coverage or multiple types of insurance.
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