Compulsory civil liability insurance
Civil liability insurance is a compulsory insurance package for cars when purchasing. Along with a driver's license, vehicle registration, and inspection, civil liability insurance will be one of the mandatory documents when participating in traffic.
If you are unlucky and cause a car accident, the car civil liability insurance will compensate for property damage and injuries to the third party. In case of lack of civil liability insurance and being inspected by traffic police, the vehicle owner will violate the administrative law.
Accident insurance for passengers and bus assistants
When purchasing this insurance package, the insurance company will pay for physical damage or death to people on the vehicle, when getting on or off the vehicle while participating in traffic.
The vehicle owner and the insurance company will clearly agree on the insurance premium and the insurance amount in the contract. The cases will be based on the actual situation to compensate for lenient insurance.
Subject insurance
Vehicle physical insurance is often included in the rolling costs, although not mandatory, but very necessary for each car. The material insurance package will depend on the value of the vehicle, the more expensive the vehicle is, the more expensive this insurance package is and vice versa.
The purpose of purchasing physical insurance is that when an accident or collision causes damage or theft of vehicle accessories (tire, mirror, etc.), the insurance company will compensate for damages. Therefore, the owner will not have to worry too much in case of an incident and can take the financial initiative.
Health insurance
Scalp insurance is a type of voluntary insurance that the vehicle owner proactively buys to protect the vehicle from collisions, paint scratches, body deformities, fires, flooded vehicles (water attacks)... These collisions are entirely caused by the vehicle owner, not caused by others, and will be fully covered by insurance for 100% of repair and renewal costs.
Vehicle owner's civil liability insurance for goods transported on the vehicle
If the vehicle is used for the purpose of transporting goods, the vehicle owner should consider buying this type of insurance. Because when there are unfortunate losses and losses of goods transported on the vehicle according to the contract terms between the vehicle owner and the goods owner, the insurance company will be responsible for compensating for those losses.
