Does car insurance from a 4S dealership take effect on the same day?

1 Answers
DeLorenzo
07/24/25 3:58pm
Compulsory traffic insurance (CTPL) typically takes effect approximately 1-2 hours after purchase. The insurance provider will inform the owner of the exact time when it becomes effective. However, commercial insurance only takes effect at midnight on the day of purchase, meaning it becomes active the following day. If additional modifications are required, such as undercoating, mud flaps, central control screens, or parking sensors, sales personnel usually arrange for the car to be picked up the next day. Below is an introduction to vehicle insurance: 1. Compulsory Traffic Insurance (CTPL): This is a mandatory insurance required by law. Failure to purchase it may result in fines if caught by traffic police. It provides limited compensation, mainly covering third parties and not the policyholder's own vehicle. 2. Third-Party Liability Insurance: This covers losses due to bodily injury or death caused by the policyholder to a third party. It is essential for both the policyholder's and others' protection. 3. Vehicle Damage Insurance: This compensates for losses to the policyholder's own vehicle caused by natural disasters or accidents. It is recommended for new drivers. 4. No-Deductible Insurance: An additional coverage that transfers the policyholder's liability to the insurance company, reducing personal losses. It is advisable to purchase this alongside Vehicle Damage Insurance and Third-Party Liability Insurance.
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