How to Pay for Compulsory Insurance?
1 Answers
Vehicle owners should bring relevant documents to an insurance company qualified to underwrite compulsory insurance. Under the guidance of the insurance company, fill out the application form truthfully. The vehicle will be inspected and verified to ensure that the policy content matches the vehicle license and actual vehicle information. Determine the insurance premium based on the vehicle's usage nature and actual conditions. The insurer will review the application form, the premium standards, and coverage limits of the compulsory insurance. The insurer will query the insured vehicle's traffic violation and road accident records through the insurance and public security traffic violation information platform based on the application form content. The policyholder pays the premium in one lump sum. The insurer then prints the compulsory insurance policy, rate fluctuation notice, insurance mark, and insurance invoice before handing them over to the customer.