How to Transfer Used Car Insurance?
1 Answers
Here is the relevant introduction on how to transfer used car insurance: 1. Change of policy holder: The new owner of the used car brings the transfer ticket, copy of the vehicle license, original insurance policy, their own ID card, and the original policyholder's ID card to the original insurance company to fill out a transfer application form, which can complete the endorsement transfer. 2. Apply for cancellation: Applying for cancellation only requires paying the premium from the start of the insurance to the cancellation period, and the rest of the premium will be refunded by the insurance company accordingly. 3. Policy process: The transfer of used car insurance is essentially the change of the beneficiary and license plate number on the original insurance endorsement after the used car transaction.