How Long Can Car Insurance Be Postponed?

[BrooklynFitz]

Vehicle compulsory insurance can be delayed for up to 3 months for payment. It is possible to postpone the payment, as long as the original insurance company can still accept renewal within the 3-month period. However, according to regulations, vehicles without compulsory insurance are not allowed on the road. If the owner or manager of the vehicle fails to purchase compulsory insurance as required and is discovered by the public security traffic management department, they may be fined 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 "Motor Vehicle Traffic Accident Liability Compulsory Insurance." It is a mandatory liability insurance provided by the insurance company to compensate for personal injury, death, and property damage (excluding passengers and the insured) caused by road traffic accidents involving the insured vehicle, within the liability limits. 2. Necessity: Compulsory insurance ensures compensation for victims of motor vehicle road traffic accidents and promotes road traffic safety. It provides timely and basic protection for victims of traffic accidents.