Is the insurance still valid if the car is transferred but the insurance is not transferred to the new owner?
2 Answers
If the car is transferred but the insurance is not transferred to the new owner, the insurance will not be valid. Therefore, to make the second-hand insurance effective, you can transfer the name. The relevant introduction to car insurance transfer is as follows: Introduction to car insurance transfer: So-called car insurance transfer refers to changing the name of the second-hand car insurance from the original owner to the current owner and changing the license plate number. The prerequisite for processing car insurance transfer is: you must first complete the second-hand car transfer procedures before you can process it, because insurance transfer requires new vehicle information. Insurance that does not need to be transferred: Commercial insurance and compulsory traffic insurance do not have mandatory requirements for transfer. You can cancel the original insurance and reapply for new insurance.
When I first bought a used car, I encountered a similar situation where the car was transferred but the insurance wasn’t. A friend nearly got into an accident while driving my car, which made me realize the insurance issue, prompting me to quickly rectify it. Generally, insurance is tied to the car owner. If the car is transferred to a new owner but the insurance isn’t updated in time, the original policy becomes invalid. If the new owner gets into an accident, the insurer may deny the claim because the policy still bears the previous owner’s name, preventing the transfer of liability risks. We must complete the insurance transfer procedures with the insurer during the ownership transfer to update the policyholder’s details and ensure continuous coverage, avoiding potential losses. Always pay attention to details—don’t cut corners for convenience. Since then, I’ve made it a habit to handle insurance transfers in person with all parties involved during every transaction to guarantee a seamless transition.
