Can the insurance of a used car be used normally without transfer?
1 Answers
No. Below is the relevant introduction about auto insurance: Introduction: Auto insurance (also known as motor vehicle insurance) refers to a type of commercial insurance that covers personal injury or property damage caused by natural disasters or accidents to motor vehicles. Classification: Auto insurance can be divided into two major categories: compulsory traffic insurance and commercial insurance. Commercial insurance can be further divided into basic insurance (also known as main insurance) and additional insurance. Expansion: The risk rate of the insured subject is high. Motor vehicles are means of transportation, and their normal state is constant movement, making them prone to collisions that result in personal and property damage. Additionally, due to the imperfect early administrative licensing procedures, many drivers lack basic operational skills. Traffic facilities and management are also in the process of gradual improvement, leading to a high risk rate for motor vehicles.