What types of insurance should be purchased for a new car?

[NicoleAnn]

New cars require the following types of insurance: Compulsory Traffic Insurance: This is mandatory as required by the state. Commercial Insurance: (Third-party liability insurance, commonly purchased for most vehicles, covers compensation for bodily injury or property damage to third parties caused by accidental incidents involving the insured vehicle, as stipulated in the insurance contract. Vehicle Damage Insurance: Generally essential for new cars, as minor scratches are inevitable, helping to reduce personal repair costs. No-deductible Insurance: In the event of a traffic accident, the insurance company will cover the full cost. The above are the main types of insurance to purchase. There are many other types of commercial insurance available, which can be selected based on individual needs.