How many days can the compulsory insurance of a car be delayed after expiration?
1 Answers
Vehicle compulsory insurance can be delayed for up to 3 months for payment. Here is some relevant information about compulsory traffic insurance: Introduction: The full name of compulsory traffic insurance is "Compulsory Motor Vehicle Traffic Accident Liability Insurance," which is China's first compulsory insurance system implemented by national law. The premium is subject to a unified national charging standard, stipulated by the state, but the price of compulsory insurance varies for different car models, mainly influenced by the "number of car seats." Article 3 of the "Regulations on Compulsory Motor Vehicle Traffic Accident Liability Insurance": The compulsory motor vehicle traffic accident liability insurance referred to in these regulations means the compulsory liability insurance where the insurance company compensates for personal injury, death, or property loss of victims other than the vehicle personnel and the insured in the event of a road traffic accident caused by the insured motor vehicle, within the liability limits.