Which insurances should be purchased for a family car?

1 Answers
BraxtonDella
07/30/25 10:32am
Generally, the following types of insurance can be purchased for a car: Compulsory Traffic Accident Liability Insurance: Compulsory Traffic Accident Liability Insurance is a mandatory insurance that must be purchased before registering the vehicle at the DMV. It is required to be paid on time. Third-Party Liability Insurance: Third-Party Liability Insurance serves as an effective supplement to the Compulsory Traffic Accident Liability Insurance, as the latter has limited and relatively low coverage. Third-Party Liability Insurance provides more comprehensive protection. Vehicle Damage Insurance: Vehicle Damage Insurance covers compensation for damage to your own vehicle. The premium for this 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. Spontaneous Combustion Loss Insurance: Spontaneous Combustion Loss Insurance mainly covers compensation for spontaneous combustion caused by aging circuits or fuel supply issues. In the event of an accidental fire, you can apply for insurance compensation.
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