Do motorcycles with an engine displacement exceeding 250cc require higher insurance premiums?
1 Answers
Motorcycles with an engine displacement exceeding 250cc require higher insurance premiums. Compulsory traffic insurance classification: For motorcycle compulsory traffic insurance, it is divided into three categories based on different engine displacements (with nationally unified premiums): Displacement at 50CC and below. Displacement between 50CC-250CC (inclusive). Displacement above 250CC and sidecar tricycles. The insurance premiums for these three categories are different. Documents required for insurance: The driving license of the insured motorcycle, the ID card of the insured, and for renewal, the original copy of the previous year's compulsory traffic insurance is also required. In terms of accident compensation, it is also determined with reference to the liability limits of compulsory traffic insurance for motor vehicle accidents.