Why are ID card and vehicle license required for car insurance pricing?

[Hugh]

Car insurance pricing requires a vehicle license and ID card. To calculate the insurance premium for a car, it is essential to know information such as the vehicle's chassis number, engine number, initial registration date, displacement, etc. These details are all recorded on the vehicle license, and without this information, it is impossible to calculate an accurate price. The ID card is primarily used to identify the policyholder, as the premium discount varies depending on age. Some car insurance policies include driver and passenger insurance, and even certain policies may include 58 Auto Passenger Insurance, which can only be purchased by the vehicle owner. Additionally, when filing a claim, the claim amount needs to be deposited into your bank account, and various documents must be submitted to the insurance company to ensure the accurate transfer of funds to your account.