Is the Insurance Also Transferred When a Motorcycle Changes Ownership?
3 Answers
After purchasing a used motorcycle, the ownership of the motorcycle has been transferred, and the insurance also needs to be transferred. Here are some precautions when buying a used car: Pay attention to the appearance: Some used cars have been involved in accidents. To increase the value of the used car, dealers may refurbish it, repaint the car to make it look newer. Therefore, when buying a car, pay attention to the appearance, observe the various corners and parts of the car for any signs of repainting, and check for wear on the tires, headlights, and bumpers. Pay attention to the chassis and frame: After a car has been in an accident, even if the exterior is well repaired, the frame and chassis are difficult to restore. If any deformation or bending is found, be cautious as the car may be an accident vehicle.
My experience is that when transferring motorcycle ownership, the insurance must also be transferred, otherwise it can easily cause trouble. Back when I sold my scooter, I only focused on transferring the ownership documents and forgot about the insurance. As a result, the new owner got into a minor accident, and the insurance company refused to pay because the policy was still in my name. The other party came knocking on my door, and I had to explain the situation for a long time. So, this must be handled together—either go to the insurance company to change the policyholder's name to the new buyer or have the new buyer purchase a new insurance policy. Don’t assume the insurance automatically transfers; it’s not tied to the license plate and requires active handling. The premium may adjust based on factors like the new owner’s driving experience, but the key is to ensure coverage in case of an accident. Timing-wise, it’s best to complete this within a week or two after the transaction. Delaying too long might require the original owner to be present for confirmation by the insurance company.
As someone familiar with insurance, I believe motorcycle insurance must be transferred after ownership change. The process is simple: After the transaction, both the new and previous owners should visit the insurance company's office together, bringing the registration certificate, insurance policy, and ID cards, then request to change the insured party. The staff will verify and update the information accordingly. Failure to do this means the original policy remains under the previous owner's name, potentially causing claim issues for the new owner or even affecting credit if premiums go unpaid. Remember, auto insurance follows the vehicle—when ownership changes, so should the insurance. Additionally, some regions offer e-policies allowing faster updates via app uploads. In short, don't skip this step; handle the insurance transfer immediately after the transaction to ensure safe driving protection.
