If electronic insurance policies have been implemented in your region, vehicles are no longer required to display the compulsory traffic insurance label. In regions where electronic insurance policies have not been implemented, vehicles must still display the compulsory insurance label. Below are the key points to note: 1. The removal of the label requirement does not mean the purchase of compulsory insurance is optional. During traffic police inspections or annual vehicle inspections, the electronic insurance policy must be presented for verification. For vehicles without compulsory insurance or with expired policies, traffic authorities have the right to impound the vehicle, impose a fine of twice the amount of the compulsory insurance premium, and require the completion of necessary procedures. 2. For the use or production of 'fake' insurance labels, public security traffic police departments will confiscate them, impound the vehicle, and impose a fine ranging from 200 to 2,000 yuan. If the act constitutes a crime, criminal liability will be pursued according to the law. 3. In regions where the compulsory insurance label is still required, failure to display it as required may result in the vehicle being impounded by traffic authorities until the owner provides the corresponding documents, labels, or completes the necessary procedures. Additionally, a warning or a fine ranging from 20 to 200 yuan may be imposed, and 1 point will be deducted from the driver's license.
