Is the car sold together with the insurance?
1 Answers
When selling a car, the insurance purchased for the vehicle is typically sold along with it, as the insurance company usually does not offer refunds. The price can only be negotiated with the buyer. More details are as follows: 1. Overview: Vehicle insurance, also known as motor vehicle insurance or auto 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 form of property insurance and is relatively new in the field of property insurance. In its early stages, auto insurance primarily covered third-party liability and gradually expanded to include risks such as collision damage to the vehicle body.