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.