What to Do If You Don't Know Which Company Provides the Compulsory Traffic Insurance When Buying a Used Car?

1 Answers
CodyLynn
07/30/25 6:52am
If you don't know which company provides the compulsory traffic insurance when buying a used car, there is no need to inquire. Below are relevant introductions about auto insurance: 1. Compulsory Traffic Insurance: A mandatory auto insurance required by the state, which guarantees the property and personal safety of the other party. 2. Special Insurance for Non-Deductible: The most important aspect of this auto insurance lies in its absolute deductible-free rate. 3. Vehicle Damage Insurance: This insurance mainly safeguards 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 injury, death, and property loss of a third party in a traffic accident. To supplement the coverage of compulsory traffic insurance, a comprehensive third-party liability insurance is necessary.
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