Is it no longer necessary to display the car insurance decal after 2020?
1 Answers
After 2020, the car insurance decal is not required to be displayed in some regions. Since 2018, certain areas have abolished the compulsory traffic insurance decal. The abolition of the compulsory traffic insurance decal does not mean the cancellation of insurance; it has merely been replaced with an electronic policy, and the compulsory traffic insurance still needs to be paid. Once the electronic car insurance policy is officially implemented, the car insurance decal will no longer need to be displayed. To promote an environmentally friendly, low-carbon car lifestyle and the concept of green travel, the country has been gradually achieving full coverage in the insurance industry and traffic police law enforcement service scenarios. There are two types of car insurance decals: the compulsory traffic insurance decal and the commercial insurance card. The compulsory traffic insurance decal is yellow, while the commercial insurance card is a paper card the size of a bank card, which serves as an insurance certificate recording the insured vehicle's information, policy number, premium, types of coverage, and insurance period.