What types of insurance can be purchased for a car?

1 Answers
StHarper
08/27/25 8:42am
Generally, the following types of insurance can be purchased for a car: 1. Compulsory Traffic Accident Liability Insurance: This is a mandatory insurance that must be purchased before registering the car at the vehicle management office. It is compulsory and must be paid on time. 2. Third-Party Liability Insurance: This serves as an effective supplement to the compulsory insurance, as the compensation limit of the compulsory insurance is relatively low. Third-party liability insurance offers more comprehensive coverage. 3. Vehicle Damage Insurance: This insurance provides compensation for damage to your own vehicle. The premium for vehicle damage insurance is closely related to the purchase price of the vehicle and the number of seats. Generally, the higher the vehicle price, the higher the premium. 4. Spontaneous Combustion Loss Insurance: This insurance mainly covers liability for spontaneous combustion caused by aging circuits or fuel supply issues. In case of accidental fire, you can apply for insurance compensation.
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