Do I Need to Repurchase Insurance When Transferring a Car Before the Policy Expires?

[SanEverett]

No, you don't need to. You can transfer the insurance policy from the original owner to your name at the insurance company where the previous owner purchased the policy. Here's an introduction to relevant insurance purchase information: Purchase methods: Car insurance can be reasonably purchased according to the owner's needs, either at a 4S shop or elsewhere. Financing a car purchase: Generally, when financing a car purchase, insurance must be bought at the dealership, and a certain renewal deposit will be charged. Compulsory traffic insurance: This is a mandatory insurance in China that all vehicles must purchase. Coverage: If the accident vehicle is covered by compulsory third-party liability insurance for motor vehicles, the insurance company will pay the rescue expenses within the liability limit.