Do I still need to display the vehicle insurance decal in 2020?

[MacJoshua]

In 2020, vehicle insurance decals are not required to be displayed in areas where electronic decal pilots have been implemented, but they are still necessary in regions without such initiatives. Electronic insurance policies hold the same validity as physical policies and decals. When stopped by traffic police for inspection, vehicle owners can simply present their electronic insurance policy for clearance without facing fines or towing. Compulsory Traffic Accident Liability Insurance (CTALI) is a mandatory liability insurance where insurers compensate for personal injuries, fatalities, and property losses (excluding occupants of the insured vehicle and the policyholder) caused by road traffic accidents involving the insured vehicle, within specified liability limits. CTALI represents China's first legally mandated compulsory insurance system, with nationally standardized premium rates set by the government. However, CTALI premiums vary across different vehicle models, primarily influenced by the number of seats.