Can I Buy Insurance Without a Vehicle License When Renewing?
1 Answers
Insurance can be processed when the vehicle has not yet been registered and the vehicle license has not been issued, but relevant information about the vehicle needs to be provided. Additional Information: 1. Relevant Law: Article 14 of the 'Compulsory Traffic Accident Liability Insurance for Motor Vehicles Regulations': Insurance companies shall not terminate the compulsory traffic accident liability insurance contract for motor vehicles; except when the policyholder fails to fulfill the obligation of truthful disclosure regarding important matters. 2. Obligation: If the policyholder fails to fulfill the obligation of truthful disclosure regarding important matters, the insurance company shall notify the policyholder in writing before terminating the contract. The policyholder shall fulfill the obligation of truthful disclosure within 5 days from the date of receiving the notice; if the policyholder fulfills the obligation of truthful disclosure within the aforementioned period, the insurance company shall not terminate the contract.