Why Do I Need to Provide My Insurance Policy When the Other Driver Is Fully at Fault?
1 Answers
Because the traffic police need to verify that the vehicle's compulsory insurance was valid at the time of the incident for record-keeping purposes. According to Article 60 of the "Road Traffic Accident Handling Procedures," the traffic management department of the public security authority shall determine the liability of the parties involved based on the role of their actions in causing the accident and the severity of their fault. Below are the contents typically included in commercial auto insurance: 1. Vehicle Damage Insurance: Covers losses due to natural disasters and accidents, recommended for new drivers. 2. Third-Party Liability Insurance: Compensates for third-party personal injury or death caused by the policyholder, mandatory for protection of both oneself and others. 3. No-Deductible Insurance: An add-on that transfers the policyholder's liability to the insurance company, reducing personal losses. It is advisable to purchase this if you have both Vehicle Damage Insurance and Third-Party Liability Insurance. 4. Theft and Robbery Insurance: Covers damages caused by theft, robbery, or forcible seizure of the vehicle, recommended for new car owners without garages. 5. Passenger Liability Insurance: Compensates the driver and passengers for losses due to accidents, usually charged per seat. Recommended for new drivers or family vehicles.
