What to Do After Picking Up the Car?
1 Answers
After picking up the car, you need to purchase car insurance, pay the purchase tax, and get the license plate. The following are the insurances required for a new car: 1. Compulsory Traffic Insurance: This is a mandatory insurance that all car owners must have. The only drawback is that the compensation amount is relatively small. 2. Third-Party Liability Insurance: This insurance serves as a supplement to the compulsory traffic insurance. Both provide compensation to third parties, but the amount of compensation depends on the policyholder's level of responsibility in the event of an accident. In many traffic accidents, the insurance contract may include clauses that exempt the insurer from certain liabilities. 3. Vehicle Damage Insurance: This insurance covers the loss or damage to your own car, but not all losses are covered. For example, standalone damage to glass, side mirrors, or tires (including rims) is not covered by the insurance company. Additionally, the insurer will not provide compensation for incidents such as earthquakes, drunk driving, or hit-and-run cases.