How to Handle Insurance for Vehicle Replacement?

[Roman]

For vehicle replacement insurance, you need to complete the motor vehicle transfer registration or deregistration. Conditions for applying to use the original motor vehicle license plate number: The application must be submitted within six months after completing the transfer registration or deregistration. The original owner must have owned the vehicle for more than three years, and all traffic violations and accident liabilities related to the original vehicle must be settled. Replacing an old vehicle with a new one: The insurance from the old vehicle cannot be transferred to the new one. It can either be transferred to the new owner or canceled. Compulsory insurance cannot be canceled and can only be transferred to the new owner, while commercial insurance can be canceled. Transferring the old license plate to a new vehicle: After completing the motor vehicle transfer registration or deregistration, the original owner can apply to use the original license plate number when registering the newly purchased vehicle with the vehicle management office.