5-Seater Car Mandatory Insurance: What You Need to Know

Anh Tuan, a young IT engineer in Cau Giay, Hanoi, recently achieved his dream of owning his first 5-seater car after years of saving. His joy was overwhelming when he picked up the car from a Hyundai dealership on Pham Hung Street. However, in the midst of his excitement, he suddenly remembered that he hadn’t thoroughly researched car insurance, especially mandatory insurance fees.

If you also own a 5-seater car like Anh Tuan or are planning to buy one, let’s explore the details of mandatory car insurance fees for 5-seater cars with XE TẢI HÀ NỘI to confidently drive on every road!

What is Mandatory Car Insurance for 5-Seater Cars?

Mandatory civil liability insurance for motor vehicle owners is a type of insurance that all car owners must purchase according to the law. This type of insurance protects car owners from traffic accident risks that cause personal injury and property damage to third parties.

Mandatory Car Insurance Fee Levels for 5-Seater Cars

The mandatory civil liability insurance fee for 5-seater cars is regulated by the Ministry of Finance and varies among insurance companies. This fee depends on the purpose of vehicle use:

• Non-business transportation vehicles: The fixed fee is 480,700 VND/year.
• Business transportation vehicles: The fee ranges from 1,104,000 – 3,618,000 VND/year, depending on the number of seats.

Benefits of Purchasing Mandatory Car Insurance for 5-Seater Cars

• Avoid traffic law violation fines: The Road Traffic Law clearly stipulates that all motor vehicles circulating on the road must have civil liability insurance.
• Reduce financial burden in case of an accident: Insurance will compensate for personal injury and property damage you cause to third parties, helping you avoid huge expenses.
• Drive with peace of mind: You will feel more secure while driving, especially on long journeys.

Important Notes When Purchasing Mandatory Car Insurance for 5-Seater Cars

• Choose a reputable insurance company: You should seek advice from friends, relatives, or research information on the websites and dealerships of reputable insurance companies such as PTI Insurance, Bao Viet Insurance, PVI Insurance, etc.
• Compare fees and benefits: Each insurance company will have different fees and offers. Compare carefully to choose the insurance package that best suits your needs.
• Carefully review the insurance contract: Before signing the contract, you need to carefully read the terms, conditions, scope of insurance, etc., to avoid unnecessary disputes later.

Car insurance policy

Frequently Asked Questions About Mandatory Car Insurance Fees for 5-Seater Cars

Is the mandatory insurance fee discounted?

Some insurance companies have discount programs for loyal customers or those who purchase insurance online.

Does mandatory insurance include vehicle physical damage insurance?

Mandatory civil liability insurance only protects third parties and does not include physical damage insurance for your vehicle.

Where to buy mandatory insurance?

You can buy insurance directly at representative offices, insurance agents nationwide, or buy online on the websites of insurance companies.

How to Buy Mandatory Car Insurance for 5-Seater Cars at XE TẢI HÀ NỘI

To buy 5-seater car insurance quickly and conveniently, you can contact XE TẢI HÀ NỘI. We are partners with many reputable insurance companies, providing consulting services and comparing the best insurance packages for customers.

Contact XE TẢI HÀ NỘI immediately via hotline 0987.654.321 for free consultation and receive the best quote.

Truck dealership

Conclusion

Hopefully, this article has provided you with useful information about mandatory car insurance fees for 5-seater cars. Buying car insurance is necessary for you to drive with peace of mind and protect your rights before the law. Be a smart car owner, choosing the most suitable insurance package for your beloved car!

XE TẢI HÀ NỘI – Your trusted address for all your truck needs!