What Types of Insurance Should You Buy When Purchasing a Car?
1 Answers
When buying car insurance, you should mainly consider the following types: 1. Compulsory Traffic Insurance: This is a mandatory insurance for both new and used cars. 2. Commercial Insurance: Purchased based on the condition of the car. Generally, the more commonly purchased commercial insurance types include Third-Party Liability Insurance, Vehicle Damage Insurance, Motor Vehicle Insurance (commonly known as Auto Insurance), and No-Deductible Special Clause Insurance. Among these, Motor Vehicle Insurance is a type of commercial insurance that covers liability for personal injuries or property damage caused by natural disasters or accidents involving the vehicle.