Car Liability Insurance: Your Complete Guide

Mr. Tuan, the driver of the familiar Isuzu truck on bustling Hang Than street, always prided himself on his “silky” driving skills. However, a moment of distraction while answering his phone led to a minor collision with a fancy Honda SH scooter stopped at a red light. Fortunately, no one was injured, but the repair costs for both the scooter and the truck worried Mr. Tuan. It was then that he breathed a sigh of relief, realizing he had purchased car liability insurance from an agency on Le Duan street.

So, what is car liability insurance? And why is it so important? This article by XE TẢI HÀ NỘI will provide you with detailed answers.

What is Car Liability Insurance?

Motor vehicle owner’s liability insurance (TNDS), also known as car liability insurance, is a mandatory insurance type under Vietnamese law. By participating in this insurance, vehicle owners are protected against risks of causing bodily injury and property damage to third parties due to their vehicle in the event of an accident.

Practical Benefits of Car Liability Insurance

• Reduce Financial Burden: Just like in Mr. Tuan’s case, insurance will cover vehicle repair costs, medical expenses, etc., for the injured party, helping you reduce financial pressure.
• Drive with Peace of Mind: With an insurance “shield” protecting you, you will feel more secure when driving and participating in traffic.
• Fulfill Legal Obligations: Purchasing TNDS insurance is complying with the law, avoiding penalties.


Car Liability Insurance Price Table (Reference)

Note: The price table is for reference only. Actual insurance premiums may vary depending on the insurance company, vehicle type, purpose of use, etc.

Important Notes When Buying Car Liability Insurance

• Choose a Reputable Insurance Company: You should choose large, reputable insurance companies with good customer service such as PVI Insurance, Bao Viet Insurance, etc.
• Compare Insurance Packages Carefully: Each company will have different insurance packages. Research carefully to choose a package that suits your needs.
• Carefully Review the Contract: Before signing the contract, you need to carefully read the terms and conditions, especially the exclusion clauses.


Frequently Asked Questions About Car Liability Insurance

Is liability insurance mandatory?

Yes. According to Vietnamese law, all motor vehicle owners must purchase TNDS insurance.

What is the penalty for forgetting to buy liability insurance?

The penalty for not buying car liability insurance ranges from VND 300,000 to VND 4,000,000.

Where to buy liability insurance?

You can buy car liability insurance at insurance agencies, banks, or online.

How to Buy Car Liability Insurance at XE TẢI HÀ NỘI

XE TẢI HÀ NỘI is proud to be a trusted partner of many reputable insurance companies. Coming to us, you will receive:

• Free consultation, choosing the most suitable insurance package.
• Fast and professional procedure support.
• Competitive prices, many attractive offers.

Contact XE TẢI HÀ NỘI immediately via hotline 0987.654.321 for the best support!

Hottest Truck Models Currently at XE TẢI HÀ NỘI

In addition to providing insurance services, XE TẢI HÀ NỘI is also a reliable address for buying and selling reputable, quality truck models.

• Hyundai Trucks
• Hino Trucks
• Isuzu Trucks

In particular, we have a policy to support buying trucks on installment with preferential interest rates, helping you easily own your desired vehicle.


Conclusion

Car liability insurance is a “shield” protecting you from unforeseen risks when participating in traffic. Hopefully, this article has provided you with useful information. Contact XE TẢI HÀ NỘI immediately for advice and choose the most suitable insurance package!

Visit our website to discover more useful information:

• Used Car Sales
• 3M Car Window Tinting Film