Is it acceptable if the insurance is not transferred during the second-hand car transfer?
1 Answers
During the transfer of a second-hand car, the auto insurance should also be transferred; otherwise, many disputes may arise later. Below is detailed information about auto insurance: 1. Overview: Auto insurance, also known as motor vehicle insurance or car insurance, refers to a type of commercial insurance that covers liability for personal injury or property damage caused by natural disasters or accidents involving motor vehicles. 2. Others: Auto insurance is a type of property insurance. In the field of property insurance, auto insurance is a relatively young category. In the early stages of auto insurance, the primary coverage was third-party liability insurance for vehicles, which gradually expanded to include risks such as collision damage to the vehicle body.