How long after a car insurance expires can it not be purchased?
1 Answers
Vehicle compulsory insurance can be delayed for up to 3 months for payment. The payment can be deferred, as long as it is within 3 months, the original insurance company can still accept renewal. However, according to regulations, vehicles without compulsory insurance are not allowed on the road. If the owner or manager of the vehicle fails to insure the vehicle with compulsory insurance as required and is caught by the public security traffic management department, the public security traffic management department can impose a fine of twice the minimum liability limit premium that the vehicle should have paid. Relevant information about compulsory insurance is as follows: 1. Introduction: The full name of compulsory insurance is "Compulsory Insurance for Motor Vehicle Traffic Accident Liability," which is a mandatory liability insurance provided by insurance companies to compensate victims (excluding the vehicle's occupants and the insured) for personal injury, death, and property losses within the liability limit caused by road traffic accidents involving the insured vehicle. 2. Necessity: Compulsory insurance can ensure compensation for victims of motor vehicle traffic accidents and promote road traffic safety. It provides timely and basic protection for traffic accident victims.