Not exactly. Buying a car by stages only requires buying all insurance in the first year, and waiting until the second year to see the wishes of friends. There is no mandatory requirement. Because the car in the first year is in their own name, they only have the right to use it and have no ownership, so the bank or the first beneficiary basically needs to buy all risks in the first year to ensure the safety of the car. In the second year, it is not compulsory to buy all risks, but compulsory insurance required by the state. All cars basically need to buy this insurance, which can provide the most basic protection for the source of the car. Other types of insurance can be selected according to their own needs, and choosing the right type of insurance can shorten the loss of small partners.

Attachment: Automatic All Risks:

Generally speaking, the focus of auto insurance includes: car damage insurance, third party liability insurance, theft insurance, glass insurance, scratch insurance, vehicle and personnel insurance, and many types of insurance that do not include deductible. My friend bought auto insurance, and the insurance amount is quite large, but there are still some problems that cannot be solved. So you need to pay attention when buying.

Many people will buy full auto insurance, but there are also some types of insurance that don't need to be bought. If it is useless after buying it, it will also cause economic losses. For example, the self-ignition insurance of a new car is not needed for a new car. New cars are basically guaranteed for three years. If spontaneous combustion occurs during the warranty period, the automobile manufacturer will make corresponding compensation.

Million car purchase subsidy