Is it acceptable to delay car insurance payment by one month?
1 Answers
If car insurance payment is delayed by one month, especially for compulsory traffic insurance, the vehicle is not allowed to be driven on the road. Components of car insurance: Car insurance generally consists of two parts: basic insurance and additional insurance. Basic insurance is further divided into vehicle damage insurance and third-party liability insurance. Coverage of car insurance: Vehicle damage insurance covers losses to your own vehicle; third-party liability insurance covers damages to objects outside your own vehicle, such as people and public property you hit, or the other party's vehicle; passenger liability insurance covers injuries and property losses to people in your own vehicle; theft insurance covers compensation when your vehicle is stolen.