What types of insurance should be purchased for a car?

1 Answers
Alexander
07/29/25 8:57pm
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 vehicle at the vehicle management office. It is compulsory and must be paid on time. 2. Third-Party Liability Insurance: This insurance serves as an effective supplement to the compulsory insurance, as the compensation limit of the compulsory insurance is limited and relatively low. Third-party liability insurance offers more comprehensive coverage. 3. Vehicle Damage Insurance: This insurance compensates for the loss of 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 the liability for compensation due to 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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