What are the impacts of not transferring compulsory traffic insurance?

[McAriana]

The impacts of not transferring compulsory traffic insurance are as follows: 1. Invalid insurance: With the transfer of vehicle ownership, the insurance rights also transfer accordingly. This means the insurance remains valid. 2. Impact on claims: Not transferring the insurance will affect claims in case of an incident. If the policy's insured is not changed to the new owner, the insurance company's system will default the insured to the original owner, who is also the default beneficiary. Therefore, this situation will affect claim payments. 3. Impact on reporting incidents: The new owner must remember the policy number or owner information to quickly complete the incident report.

[Rod]

I've encountered many cases where clients failed to transfer compulsory traffic insurance (CTI) on time during my auto repair career, leading to messy claims. For example, when an accident occurs, the new owner goes to the insurance company for compensation, but the system still shows the previous owner's name, immediately blocking the process. I must remind everyone that without insurance transfer, the new owner can't directly claim compensation—they need the original owner's cooperation, which is particularly troublesome in emergencies. Worse yet, incomplete transfer procedures may render the CTI invalid, causing the vehicle to fail annual inspections, and police checks could result in vehicle impoundment and fines. There's also financial dispute risks: if the original owner forgets to cancel the policy and keeps paying, they suffer losses; or the new owner might face rejection when renewing the insurance. In short, always complete the insurance transfer after buying/selling a car—otherwise minor issues become major risks. I always recommend handling the insurance transfer through proper vehicle management offices—don't try to save that little bit of time.

[JoelMarie]

I've been driving for over twenty years, and not transferring compulsory traffic insurance is no small matter. If an accident occurs, claiming compensation will definitely be problematic. Last year, my neighbor sold his car but forgot to transfer the insurance. The buyer later got into an accident, and the insurance company required the original owner to sign documents, causing delays in compensation for several days and nearly leading to a court case. Safe driving relies on insurance support, and not properly transferring insurance is like driving on the highway without a seatbelt—it's too risky. Additionally, failing to complete the transfer properly affects the vehicle's regular inspections at the DMV. If the paperwork is incomplete during the inspection, it will be rejected outright, forcing the new owner to run around fixing the issue. Insurance payments also become chaotic, as the new owner can't independently renew the policy, and the original owner might get tangled up in old debts. I advise everyone buying a used car to be extra cautious. After signing the contract, push to transfer the insurance immediately—don't cut corners and plant hidden risks.

[Cook]

I had a bad experience last year when buying a used car. The compulsory traffic insurance wasn't transferred in time, which caused a huge headache during the claims process. After the accident, the insurance company couldn't find my name in their records, delaying the claim for nearly two weeks—I almost had to pay out of pocket. Improper transfer can also affect renewal and annual inspections, creating a lot of hassle with paperwork. My advice is to complete the transfer immediately after the transaction.

[DiDante]

I'd like to remind everyone that failure to transfer compulsory traffic insurance will affect the speed of claims and may even prevent the new owner from making a claim. This also relates to the vehicle's compliance—failing the annual inspection and receiving fines while driving. From a financial perspective, the original owner might continue paying unnecessarily, while the new owner could face difficulties renewing the insurance. Be sure to transfer the insurance at the insurance company immediately after buying or selling a car to avoid these potential troubles and ensure safe driving.

[Gemma]

Last time I helped a friend buy a used car, we completed the deal without transferring the compulsory traffic insurance. When it came time to renew the insurance, we discovered it was still under the original owner's name. The insurance company required a bunch of documents, and it took a lot of effort to sort it out. This can easily lead to legal disputes, such as unclear liability when an accident occurs, resulting in delayed claims. Additionally, failing to complete the transfer properly affects the vehicle inspection process. If it doesn't pass inspection, you have to start over, wasting both time and money. I suggest everyone prioritize transferring the insurance after a transaction—just a few simple steps can save a lot of trouble. Don't make the same lazy mistake we did and learn the hard way.