Where to Buy Compulsory Traffic Insurance for Motorcycles in Jieyang?
1 Answers
You can purchase compulsory traffic insurance at property insurance company branches, local traffic police stations, or vehicle management offices. Definition of Compulsory Traffic Insurance: The full name of compulsory traffic insurance is "Compulsory Traffic Accident Liability Insurance for Motor Vehicles." It is a mandatory liability insurance where the insurance company compensates for personal injuries, deaths, or property losses of victims (excluding the vehicle's occupants and the insured) caused by road traffic accidents involving the insured motor vehicle, within the liability limits. Compulsory Traffic Insurance Fee Standards: Compulsory traffic insurance is China's first mandatory insurance system implemented by national law. The premiums follow a nationally unified fee standard, as stipulated by the state. However, the prices vary depending on the vehicle model, with the main influencing factor being the "number of vehicle seats."