Is Commercial Insurance Still Valid After Compulsory Traffic Insurance Expires?

[MaddoxFitz]

After the compulsory traffic insurance expires, commercial insurance will cover under the following specific circumstances. For the other party's losses within the compensation scope of compulsory traffic insurance, the insurance company will not compensate due to the expiration of compulsory traffic insurance. For the other party's losses exceeding the compensation scope of compulsory traffic insurance, after deducting the compulsory traffic insurance compensation amount, the relevant commercial insurance coverage will compensate. For your own losses, they will first be compensated by the other party's compulsory traffic insurance (no-fault compensation), and the excess will be covered by your own relevant commercial insurance coverage. Compulsory traffic insurance compensation procedure: If the compulsory traffic insurance claim involves third-party casualties or property damage in a road traffic accident, the policyholder should first contact the 120 emergency number (in case of personal injury), call the 122 traffic police number, and report the case to the insurance company's customer service hotline. Cooperate with the insurance company in on-site investigation, and may request the insurance company to pay or advance the rescue fees based on the situation. The insurance company should, within 1 day of receiving the compensation claim, provide a written notice of the required proofs and materials related to the compensation. Within 5 days of receiving the proofs and materials, the insurance company should determine whether it falls under the insurance liability and notify the policyholder of the result. For cases not covered by the insurance liability, a written explanation should be provided. For cases covered by the insurance liability, the insurance company should compensate within 10 days after reaching a compensation agreement with the policyholder.

[DeReid]

I've been driving for over a decade and once encountered a situation where my compulsory traffic insurance expired, which gave me quite a scare. After consulting with the insurance company, I learned that commercial insurance and compulsory traffic insurance are separate contracts. Compulsory traffic insurance is mandatory by the state, covering the other party's losses, and driving without it is illegal—police can impose fines or even deduct points. Commercial insurance, on the other hand, is something we purchase voluntarily, covering additional risks like vehicle damage or broken glass. As long as the contract hasn't expired, it generally remains valid. But don't celebrate too soon—when filing a claim under commercial insurance, the insurer will assess the overall situation. If the accident stems from the compulsory insurance being expired, they might deny the claim or reduce the payout. So while commercial insurance may still provide coverage, the safety risks are significant. Back then, I quickly renewed my policy and later started using a mobile app to set regular reminders. Safety comes first—don't let insurance become a hassle. Checking your policy regularly keeps things easy and worry-free.

[White]

From the perspective of insurance principles, compulsory traffic insurance and commercial insurance are parallel systems. The expiration of compulsory insurance does not affect the validity of commercial insurance, which can cover agreed-upon contents during the coverage period, such as vehicle damage and third-party liability. However, the key point is that compulsory insurance must be valid when driving on the road; otherwise, it constitutes a violation with extremely high risks. After an accident, although commercial insurance may compensate for some losses, police involvement can complicate the claims process. Insurance companies require compliance with the law in their terms, which can become grounds for claim denial. Simply put, relying solely on commercial insurance is a trap—you think it's coverage, but it turns into a liability. I recommend immediately reinstating compulsory insurance and not waiting for trouble to arise. Insurance is meant to mitigate risks, but negligence can amplify them.

[Cardoso]

I just got my driver's license and know nothing about insurance, but I recently asked the customer service of an insurance company. They said that if the commercial insurance contract hasn't expired, it can still provide coverage, but it only compensates for commercial-related incidents, such as damage to your own car. However, driving with expired compulsory traffic insurance is a violation and can result in fines if caught by the police. Being timid, I immediately renewed my insurance upon hearing this to avoid future regrets. Although the commercial insurance was still valid, the legal risks were high, and I couldn't drive with peace of mind. Later, I learned to regularly check the insurance policy app—simple and hassle-free. New drivers shouldn't follow my example of procrastinating; handling insurance early brings peace of mind.