How to Handle Car Insurance When Selling a Vehicle?
1 Answers
After completing the vehicle transfer procedures, both the buyer and seller should bring the transfer receipt, a copy of the vehicle registration certificate, the insurance policy, and their identification documents to the original insurance company to process the policyholder change. The original policyholder should bring their ID card and insurance policy to the insurance company to cancel the policy. After the original owner cancels the policy, the new owner should bring the new vehicle registration certificate and transfer certificate to apply for a new car insurance policy.