Hanoi Truck Insurance: A Comprehensive Guide

Anh Minh, a small truck owner operating in the Hang Bot area of Hanoi, was recently fined for not carrying his compulsory car insurance papers. He explained that he had purchased the insurance but had left the documents at home. The traffic officer patiently explained the importance of carrying all necessary documents while driving and reminded him to be more careful.

Anh Minh’s story serves as a warning to many drivers who are complacent and do not fully understand compulsory car insurance. So, what is compulsory car insurance? How is the latest compulsory car insurance price list applied? Let’s explore this topic in detail with Hanoi Trucks.

What is Compulsory Car Insurance?

Compulsory Motor Vehicle Liability Insurance (MVLI) is a type of insurance required by law for all vehicle owners to compensate for damage to third parties’ lives and property caused by their vehicles during operation.

Simply put, when you purchase compulsory car insurance, you transfer the responsibility for compensation (if any) to the insurance company.

Benefits of Purchasing Compulsory Car Insurance

• Avoid Financial Risks: In the event of an accident, you won’t have to bear the financial burden of compensation, protecting your finances.
• Compliance with the Law: Participating in compulsory car insurance is mandatory for all motor vehicle owners.
• Contribute to Society: MVLI is a social security policy that helps share risks and reduce the financial burden on the community.

Latest Compulsory Car Insurance Price List

The compulsory car insurance price list is regulated by the Ministry of Finance and applied uniformly nationwide. The insurance premium is calculated based on several factors, such as:

• Vehicle Type: Passenger car, truck, specialized vehicle.
• Number of Seats: Applies to passenger cars.
• Payload: Applies to trucks.

Compulsory MVLI Price List for Passenger Cars

Compulsory MVLI Price List for Trucks

Important Notes When Purchasing Compulsory Car Insurance

• Purchase insurance from reputable insurance companies with widespread distribution networks such as Bao Viet, PVI, PTI…
• Carefully compare the price lists, benefits, and responsibilities of different insurance packages before making a decision.
• Pay attention to the insurance validity period.
• Always carry your insurance certificate when driving.

Frequently Asked Questions

1. Where can I purchase compulsory car insurance?

You can purchase compulsory car insurance at:

• Reputable insurance companies.
• Insurance agents and business offices nationwide.
• Online insurance websites and applications.

2. How can I pay for the insurance premium?

You can pay for the insurance premium by:

• Cash.
• Bank transfer.
• Online payment via card.

3. How long is compulsory car insurance valid?

The validity period of compulsory car insurance is usually one year.

Where to Buy Reputable Trucks?

If you are looking to buy a truck, come to Hanoi Trucks. We specialize in providing genuine, high-quality trucks at the most competitive prices in the market.

Contact Hanoi Trucks now:

• Address: No. 1, Giai Phong Street, Hai Ba Trung District, Hanoi.
• Hotline: 0987.654.321

Similar Products

In addition to trucks, Hanoi Trucks also offers other products such as:

• Dump trucks
• Tractor trucks
• Specialized vehicles

Car Liability Insurance

Traffic Accident

Buying a Truck in Hanoi

Conclusion

Compulsory car insurance is a mandatory requirement when participating in traffic, protecting your rights and the community. Hopefully, this article has provided you with useful information about the compulsory car insurance price list. Be a smart driver, choose the right insurance package for you, and drive safely!

If you have any questions, please leave a comment below or contact Hanoi Trucks for detailed advice.

Don’t forget to share this article with your friends and family to stay updated on useful information about compulsory car insurance!