Is it still necessary to display the compulsory traffic insurance label in Shijiazhuang?

[GenesisRose]

In Shijiazhuang, Hebei, electronic insurance policies have been implemented, eliminating the need to display the compulsory traffic insurance label on vehicles. Since the 2020 auto insurance reform, the electronic policy policy for compulsory traffic insurance has also been promoted nationwide. However, the promotion still requires time, so currently only some regions have truly implemented it. In areas where electronic policies are in effect, the compulsory traffic insurance label no longer needs to be displayed. When encountering traffic police, only the electronic policy for compulsory traffic insurance needs to be presented. However, in areas where the electronic policy for compulsory traffic insurance has not yet been implemented, the compulsory traffic insurance label must still be displayed, otherwise penalties may still be imposed. According to Article 95 of the Road Traffic Safety Law: If a motor vehicle driven on the road does not display the inspection compliance label or insurance label, or does not carry the vehicle registration certificate or driver's license, the traffic management department of the public security organ shall detain the motor vehicle, notify the party to provide the corresponding license, label, or complete the relevant procedures, and may impose penalties in accordance with the provisions of Article 90 of this Law (a warning or a fine of not less than 20 yuan but not more than 200 yuan). As of 2022, the provinces and cities that have abolished the paper label for compulsory traffic insurance include: Beijing, Shanghai, Shandong, Shanxi, Guangdong, Henan, Hubei, Hunan, Jiangxi, Guizhou, Guangxi, Yunnan, Shaanxi, Hebei, Sichuan, and Gansu. Compulsory Traffic Insurance for Vehicles: The full name of compulsory traffic insurance is "Compulsory Liability Insurance for Motor Vehicle Traffic Accidents." It is a compulsory liability insurance where the insurance company compensates for personal injuries, deaths, and property losses of victims (excluding vehicle occupants and the insured) caused by road traffic accidents involving the insured motor vehicle within the liability limits. The premium is based on the nationally unified standard rates. However, the price of compulsory traffic insurance varies for different vehicle types, with the main influencing factor being the number of vehicle seats. Compared to the more than 20 exemption clauses in commercial third-party liability insurance, the scope of exemptions for compulsory traffic insurance covers losses caused by intentional actions of the victim, property losses of the insured, related arbitration and litigation costs, and some indirect losses caused by accidents, with a much broader coverage. Moreover, regardless of whether the insured vehicle is at fault in the accident, compulsory traffic insurance will provide compensation within the liability limits. Introduction to Electronic Policies: An electronic policy refers to an electronic insurance policy issued by an insurance company using digital signature software and enterprise digital certificates that comply with the PKI system, bearing the electronic signature of the insurance company. An insurance policy, abbreviated as a policy, is the formal written proof of the insurance contract between the insurer and the insured. The policy must fully record the rights, obligations, and responsibilities of both parties to the insurance contract. The content recorded in the policy serves as the basis for both parties to fulfill the contract. The policy is proof of the establishment of the insurance contract. Advantages of Electronic Policies: Saves paper resources, eliminating the need to print insurance proof labels on paper; Saves time and is convenient, not restricted by time or location, with information universally accessible online anytime, fast and easy; Can apply for reissuance or resending, no need to worry about losing it. If a paper version is needed offline, it can also be printed or mailed; Easy management, after electronic unification, insurance companies and traffic police departments can more easily manage the insurance information of each vehicle.