Is an untransferred car insurance policy equivalent to having no insurance?

[DiMatthew]

An untransferred car insurance policy still counts as having insurance. Introduction to car insurance: Car insurance is a type of property insurance. In the field of property insurance, car insurance is a relatively young category, as it emerged and developed alongside the appearance and popularization of automobiles. Unlike modern motor vehicle insurance, early car insurance primarily focused on third-party liability coverage and gradually expanded to include risks such as collision damage to the vehicle body. Introduction to commercial car insurance: The main types of commercial insurance include vehicle loss insurance, third-party liability insurance, passenger liability insurance, and comprehensive theft insurance. Motor vehicle loss insurance covers the insured vehicle against natural disasters or accidents within the scope of the policy, resulting in loss or damage to the insured vehicle, for which the insurer compensates according to the terms of the insurance contract.