How often is compulsory insurance for motorcycles paid?

[Eileen]

Compulsory insurance is paid once a year, covering one year per payment. There is no unified payment time; it can be determined based on the time of your previous policy. It is crucial not to let the insurance lapse, as driving without valid insurance can also result in penalties. The premium rates for motorcycle compulsory insurance are uniformly regulated by the state, and the engine displacement of the motorcycle also affects the price of the compulsory insurance—the higher the displacement, the more expensive the premium. Additional information: Motorcycle annual inspection: According to the latest regulations, motorcycles also require annual inspections. Since June 1, 2019, motorcycles registered within the past 6 years are exempt from inspection. For the annual inspection, the owner needs to bring the motorcycle's compulsory insurance policy, vehicle registration certificate, and ID card to the local motorcycle vehicle management office to complete the inspection stamp and registration.

[DiSienna]

Motorcycle compulsory insurance is generally paid annually, which is a national mandatory requirement to ensure road safety. I've been riding a motorcycle for ten years and always renew the insurance on time. The insurance company sends a text message reminder in advance. When renewing, remember to bring your ID card and vehicle license. You can also buy it online, which takes just a few minutes. Don’t forget to compare prices from different companies, as there are sometimes discounts. Don’t delay—if it expires and you’re caught riding, you’ll be fined 200 yuan, and it will affect your vehicle’s annual inspection. I recommend setting a phone reminder once a year for safety and peace of mind.

[KiaraMarie]

When I first bought a motorcycle, I didn't know how to handle the insurance. A friend told me that compulsory traffic insurance only needs to be paid once a year. After consulting with the insurance company, I confirmed it's an annual payment—the cost isn't high, but it's mandatory. This makes it easy to remember, and the annual renewal reminder prompts me to review other insurance coverage, such as getting third-party liability insurance for added security. New owners should be careful not to forget the renewal date, otherwise, they won't have coverage in case of an accident.

[Andres]

We have a motorcycle at home, and the compulsory traffic insurance must be paid every year to ensure the safety of ourselves and others. It is required by law, so I always handle it on time, and the cost is just a few hundred yuan. I often remind my family not to save on this expense. When renewing the insurance, we can also check the insurance terms in case of a traffic accident for compensation. Don't ride if it's expired to avoid fines.