Does changing the license plate without changing the car owner affect insurance?
1 Answers
Yes, it has an impact. The specific details are as follows: 1. Reason: Because the license plate of the motor vehicle has been changed, the motor vehicle with a new license plate needs to carry the vehicle registration certificate and the ID card of the vehicle owner to the insurance company where the insurance was purchased to change the motor vehicle policy. Both compulsory insurance and commercial insurance need to be updated. 2. Insurance: Compulsory insurance requires the buyer to complete the transfer procedures, otherwise it will be troublesome in case of an accident in the future. Commercial insurance can also be transferred, or the original owner can choose to cancel the policy. The buyer can purchase new commercial insurance for the vehicle, which covers a wide range of aspects. It can fully ensure compensation for damages to the vehicle and its occupants.