1
What is compulsory car insurance?
Civil liability insurance for motorcycles and automobile liability insurance is a type of compulsory insurance that individuals and businesses must buy according to law.
Along with the vehicle registration certificate and driver's license, the certificate of civil liability insurance is one of the documents that you must always carry when participating in traffic.
The main purpose of this insurance product is to remedy the consequences of an accident for the victim and ensure the responsibility of the driver when participating in road traffic.
2Instructions to buy car insurance on Momo e-wallet
Today, buying car insurance has become more convenient than ever with the support of MoMo wallet - the official payment channel of many reputable insurance companies in the market. No more messing around when discovering that insurance is about to expire, just open MoMo Wallet, everything will be solved immediately.
Many types of insurance, spoiled for choice.
Simple steps to buy insurance, 1-touch payment.
Certificate of hand delivery, NO COST.
Types of insurance on Momo wallet
| STT | Insurance company | Type of Insurance |
| 1 | Bảo Việt | - Motorcycle insurance: Compulsory civil liability insurance, voluntary civil liability insurance, accident insurance for occupants, fire and explosion insurance. - Auto insurance: Compulsory civil liability insurance, voluntary civil liability insurance, accident insurance for occupants. |
| 2 | GIC | Comprehensive motorcycle insurance: - Includes 3 packages: 20, 40 and 70, corresponding to the prices from low to high. - Each package includes 4 benefits: Compulsory CIT; Car accident insurance; Insurance for theft, robbery, total loss of the vehicle; Free car rescue 24/7. |
| 3 | Liberty | Motorcycle insurance: fire insurance, total damage or theft insurance, insurance for all risks. |
| 4 | MIC | -Motorcycle insurance: Compulsory civil liability insurance, accident insurance for occupants. - Auto insurance: Compulsory civil liability insurance, accident insurance for occupants, physical insurance for cars. |
| 5 | PTI | Motorcycle insurance: Compulsory civil liability insurance & occupant accident insurance, motorbike physical insurance. |
| 6 | PVI | Auto insurance: Compulsory Civil liability insurance, accident insurance for people sitting in the car |
*The following instructions apply to Baoviet insurance, other insurance companies you can do the same.
To buy car insurance on MoMo Wallet, you just need to follow these 4 simple steps:
Step 1: Login to MoMo Wallet > Select Insurance
Or type in the box Search keywords insurance company name
Step 2: Select an insurance company > Choose an insurance type
Step 3: Charge > Fill in Contract Information
Step 4: Check information > Confirm payment.
After successful payment, you will receive a certificate of insurance delivered to the address you provided.
- Note:
- If you receive the message “The name of the ward or commune does not exist” when entering the address to receive the insurance certificate, please re-enter: enter the name of the District first >> Select the correct Ward/Commune from the auto-fill list;
- The address to receive the certificate does NOT NEED to be the same as the address in the vehicle registration. You can choose the address that is most convenient for you to receive the certificate in the "Delivery information" step;
- As long as your insurance is valid, you can still choose the validity period of your insurance at the "Enter vehicle information" step.
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