Hanoi Truck Insurance: What You Need to Know

Mr. Ba, the owner of a construction material store on Nguyen Trai Street, Thanh Xuan District, always took pride in his “tiger-striped” truck – his reliable companion that helped him transport goods to construction sites big and small throughout Hanoi. One day, while carrying goods from Hoai Duc, his truck sideswiped a motorbike due to losing control on a downhill slope. Fortunately, the motorcyclist only suffered minor injuries, but the incident cost Mr. Ba a significant amount in medical expenses and vehicle repairs. From then on, he truly understood the importance of having compulsory car insurance.

So, what is compulsory car insurance? And why does every vehicle owner need it? This article by Hanoi Trucks will answer all your questions about this crucial type of insurance!

What is Compulsory Car Insurance?

Compulsory Motor Vehicle Liability Insurance, also known as compulsory car insurance, is a type of insurance required by law for all motor vehicle owners to compensate for personal and property damage caused to third parties by their vehicles.

Benefits of Compulsory Car Insurance

• Protects you from financial risks in case of an accident.
• Ensures that the victims’ rights are compensated fairly.
• Contributes to building a more civilized and safer society.

Vehicles Required to Have Compulsory Insurance

All motor vehicles operating in Vietnam are required to have compulsory motor vehicle liability insurance, including:

• Passenger vehicles: cars, buses, vans, etc.
• Cargo vehicles: trucks, dump trucks, tractor-trailers, etc.
• Other specialized vehicles.

Truck insurance purchase

Compulsory Car Insurance Premiums

Compulsory car insurance premiums are regulated based on vehicle type and seating capacity. You can refer to the compulsory car insurance price list on the Hanoi Trucks website or contact us directly for more detailed advice.

Important Notes When Purchasing Compulsory Car Insurance

• Choose reputable insurance companies.
• Carefully read the terms and conditions in the insurance policy before signing.
• Keep your insurance certificate safe for presentation when required.

Frequently Asked Questions about Compulsory Car Insurance

1. Where can I buy compulsory car insurance?

You can buy compulsory car insurance from insurance companies, car dealerships, or online. Hanoi Trucks partners with many reputable insurance companies, providing fast and convenient truck insurance consulting and purchasing services with the most competitive premiums.

2. What is the procedure for buying compulsory car insurance?

The purchase procedure is very simple; you only need to provide your vehicle registration and ID card.

3. How long is compulsory car insurance valid?

Compulsory car insurance is typically valid for one year.

4. What should I do in case of an accident?

In case of an accident, stay calm, handle the situation, immediately report to the police, and contact your insurance company for guidance.

Dongfeng Hoang Huy Truck

How to Buy Compulsory Car Insurance at Hanoi Trucks

To purchase compulsory car insurance at Hanoi Trucks, you can do the following:

• Method 1: Visit the website xetaihanoi.edu.vn and follow the instructions.
• Method 2: Contact the hotline 0987.654.321 for consultation and support.
• Method 3: Visit the Hanoi Trucks showroom directly at No. 1, Giai Phong Street, Hai Ba Trung District, Hanoi.

Hanoi Trucks – A Reputable Address for Quality Trucks

In addition to providing insurance services, Hanoi Trucks is also a leading distributor of high-quality trucks such as:

• Hyundai Trucks: Hyundai HD65, HD72, HD88, HD120s, HD240s, HD320, etc.
• Isuzu Trucks: Isuzu QKR77HE4, NQR75LE4, FRR90NE4, etc.
• Hino Trucks: Hino XZU720, XZU730, FG8JJ7A, etc.
• Dongfeng Trucks: Dongfeng 8-ton, 9-ton, 10-ton trucks, etc.
• Thaco Trucks: Thaco Towner 990, Ollin 500, Forland, etc.

With a team of professional staff, we are committed to bringing absolute satisfaction to our customers.

Conclusion

Compulsory car insurance is a “steel shield” protecting you from unforeseen risks on every road. Hopefully, the helpful information in this article has given you a better understanding of this important type of insurance. If you have any further questions, please contact Hanoi Trucks for a free consultation!