Is it no longer necessary to display insurance decals on vehicles now?
1 Answers
Since 2021, vehicles are no longer required to display insurance decals on their windshields. There are 3 key points to note regarding insurance purchase: 1. Avoid duplicate insurance: When purchasing auto insurance, make sure not to duplicate coverage. Even if a vehicle owner duplicates coverage for a particular type of insurance, they will not receive excess compensation when claims are involved; 2. Avoid over-insurance or under-insurance: Neither over-insurance nor under-insurance provides effective coverage. According to Article 39 of the Insurance Law: The insured amount shall not exceed the insured value. If it exceeds the insured value, the excess portion shall be invalid. If the insured amount is lower than the insured value, unless otherwise stipulated in the contract, the insurer shall bear the liability for compensation in proportion to the ratio of the insured amount to the insured value; 3. Carefully review insurance documents: Check whether the third copy is printed on white carbonless paper with light brown anti-counterfeiting background patterns, whether the upper left corner is printed with the words "Supervised by China Insurance Regulatory Commission", and whether the upper right corner is printed with the words "Limited for sale in ×× Province (City, Autonomous Region)".
