Yes, you can buy insurance for yourself or for your spouse, children, or parents.

Compulsory Motor Vehicle Liability Insurance (CMVL) is a type of insurance that motorbike and motorcycle owners are required to have by law when participating in traffic in Vietnam. In the event of an accident, CMVL will compensate for damages to the injured party caused by the fault of the motor vehicle owner (not the vehicle owner themselves).

The injured party will be compensated by the insurance for damages to people and property caused by the fault of the vehicle owner, in accordance with the law. The insured person will not have to personally compensate for the damages.

Compulsory Motorbike Insurance (Compulsory Motor Vehicle Liability Insurance for Third Parties) is a MANDATORY type of insurance for motor vehicle owners participating in traffic, as regulated by the Vietnamese government. Having this insurance protects the victims in case the vehicle owner accidentally causes damage while driving.

If the driver/vehicle owner fails to present a valid insurance certificate when participating in traffic, they will be subject to administrative penalties as prescribed by law.

- Intentional act of causing damage

- Deliberately running away without performing civil responsibilities

- Driver under-age or over-age to operate a vehicle as prescribed or without a valid driving license

- Damage caused by indirect consequences

- Driving with blood or breath alcohol concentration, using prohibited drugs while driving

- Property is stolen or robbed in an accident

- Damage with special property

- Cases of force majeure such as war, terrorism, earthquake

Step 1: Report of Accident

- Report the Accident to Bao Long without delay via hotline 1900545517 for settlement support.

Step 2: Complete documents

- Collect and cooperating with Insurance company to collect necessary documents for the claim.

Step 3: Receive payments

- Verify receipt of compensation value with insurance company and receive compensation.