How long can vehicle insurance payment be delayed after expiration?

[Irene]

Vehicle compulsory insurance can be delayed for up to 3 months for payment. As long as it is within 3 months, the original auto 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 motor vehicle fails to purchase compulsory insurance as required and is found by the public security traffic management department, the public security traffic management department may impose a fine of twice the minimum liability limit premium that the vehicle should have purchased. The following are the key points to note about vehicle compulsory insurance: 1. Do not double insure: According to Article 40 of the Insurance Law: 'The total compensation amount of each insurer for double-insured vehicles shall not exceed the insurance value.' Therefore, even if the policyholder double insures, they will not receive excess value compensation. 2. Do not over-insure or under-insure: According to Article 39 of the Insurance Law: 'The insured amount shall not exceed the insurance value. If it exceeds, the excess part is invalid. If the insured amount is lower than the insurance value, unless otherwise agreed in the contract, the insurer shall bear the compensation liability according to the ratio of the insured amount to the insurance value.' Therefore, neither over-insurance nor under-insurance can bring additional benefits. 3. Ensure comprehensive coverage: Some car owners, in order to save on premiums, may want to insure fewer types of coverage, or only insure against vehicle damage without third-party liability insurance, or only insure the main coverage without additional coverage. In fact, each type of insurance has its own coverage responsibilities. If the vehicle is really involved in an accident, the insurance company can only compensate according to the insurance contract initially established, and the owner may not receive compensation for other losses. 4. Renew on time: Renew the insurance promptly after expiration. 5. Carefully review the insurance documents: When receiving the insurance documents, be sure to check carefully. See if the third copy of the document is printed on white carbonless paper with light brown anti-counterfeiting background patterns, whether the upper left corner is printed with the words 'Supervised by the China Insurance Regulatory Commission,' and whether the upper right corner is printed with the words 'Limited to sale in ×× Province (City, Autonomous Region).' If not, you can refuse to sign.