What are the consequences of not paying compulsory traffic insurance for a year if the car is not driven?
2 Answers
The consequence is that the car cannot be driven on the road. According to the "Road Traffic Safety Law," a warning or a fine ranging from 20 to 200 yuan may be imposed. Article 95 stipulates: If a motor vehicle driven on the road does not display the inspection qualification mark or insurance mark, or does not carry the vehicle license or driver's license, the traffic management department of the public security organ shall detain the motor vehicle and notify the party to provide the corresponding license, mark, or complete the necessary procedures. 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 injury, death, and property losses of victims (excluding vehicle occupants and the insured) caused by road traffic accidents 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, primarily influenced by the number of seats. Compared to the more than 20 exemption clauses in commercial third-party insurance, compulsory traffic insurance covers a much broader range, including losses caused by intentional acts of the victim, the insured's own property losses, related arbitration and litigation costs, and some indirect losses caused by the accident. Moreover, regardless of whether the insured vehicle is at fault in the accident, compulsory traffic insurance will compensate within the liability limits without any deductible or exemption. Introduction to Electronic Insurance Policies An electronic insurance policy refers to a digital policy issued by an insurance company using digital signature software and corporate digital certificates that comply with the PKI system, bearing the electronic signature of the insurance company. The insurance policy, abbreviated as the 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 insurance policy is proof of the establishment of the insurance contract. Advantages of Electronic Insurance Policies: Saves paper resources, eliminating the need to print insurance proof marks on paper; Saves time and is convenient, not restricted by time or location, with information universally accessible online anytime, quickly and easily; Allows for reissuance or resending, eliminating worries about losing it. If a paper version is needed offline, it can also be printed or mailed; Easy management, as electronic unification makes it convenient for insurance companies and traffic police departments to manage the insurance information of various vehicles.
My car sat in the garage for a year without being driven, and I thought it would save money not to pay the compulsory traffic insurance. However, when I needed to use it temporarily and drove it on the road, I was stopped by the police for inspection. Without insurance, I was fined 500 yuan, and some points were deducted, though I can't remember exactly. When I went to renew the insurance, it was even more troublesome. The insurance company said there was a record of a lapse in coverage, so my premium increased by 20%. The annual inspection was also blocked, and I couldn’t pass it until I completed all the required procedures. If I had gotten into even a minor accident, the medical and compensation costs would have been much higher out of pocket—a huge loss. So now I’ve learned that even if the car isn’t being used, I must renew the insurance on time. Don’t lose big for small gains—it’s better to stay safe and worry-free.
