Can the compulsory traffic insurance of the original owner be used?
1 Answers
Used cars cannot use the compulsory traffic insurance of the original owner. After the transfer of the motor vehicle is completed, both parties involved in the transfer need to go to the insurance company to complete the transfer procedures for the motor vehicle's insurance. This will not affect the normal use of the motor vehicle in the future or the claims process. The compulsory traffic insurance for motor vehicles can be purchased from local insurance companies, through telephone insurance services, or via third-party software. Regardless of the method used to purchase the compulsory traffic insurance for motor vehicles, it can be effectively obtained without affecting the use of the vehicle. Compulsory traffic insurance for motor vehicles is a mandatory insurance required by law. Motor vehicles without compulsory traffic insurance are considered illegal to drive on the road, violating the Road Traffic Safety Law. The purpose of compulsory traffic insurance is to provide compensation for personal injuries, deaths, and economic losses caused by road traffic accidents involving insured motor vehicles, with the insurance company paying within the limits of the compulsory insurance coverage.