What are the reasons why a new car cannot be insured?
2 Answers
It may be due to incorrect vehicle information entry, resulting in duplicate insurance or purchasing a model intended for secondary sales. Insurance required for a new car includes: Compulsory Traffic Accident Liability Insurance for Motor Vehicles. This insurance is legally mandatory and must be purchased for motor vehicles; Third-party liability insurance; No-deductible insurance; Vehicle damage insurance; Other insurances. Legal basis: Article 2 of the "Regulations on Compulsory Traffic Accident Liability Insurance for Motor Vehicles" states that the owner or manager of a motor vehicle driving on roads within the territory of the People's Republic of China shall, in accordance with the provisions of the "Road Traffic Safety Law of the People's Republic of China," purchase compulsory traffic accident liability insurance for motor vehicles. The purchase, compensation, and supervision of compulsory traffic accident liability insurance for motor vehicles are governed by these regulations. Article 3 defines compulsory traffic accident liability insurance for motor vehicles as a mandatory liability insurance where the insurance company compensates within the liability limit for personal injuries, deaths, or property losses of victims other than the vehicle's occupants and the insured caused by road traffic accidents involving the insured motor vehicle. Precautions for purchasing car insurance: Do not let the vehicle insurance lapse when purchasing car insurance; Pay attention to the purchase time—generally, new cars can purchase car insurance after obtaining the certificate of conformity, while renewing vehicles should purchase car insurance within one month before the expiration of the previous year's car insurance; Choose appropriate insurance items based on personal financial conditions; Select a suitable insurance company; Inquire about various terms of car insurance, such as some basic terms, exemption clauses, etc.; Check the claim terms when purchasing car insurance, such as claim speed, whether it is pay first and repair later, etc.
I just bought a new car recently, but found out I can't get insurance, which is quite frustrating. The reason might be that my driving record is too short, and insurance companies consider the risk too high to cover. It could also be due to the car model, such as imported sports cars or certain lesser-known brands, which have a history of frequent accidents, making insurers cautious. Additionally, regional factors play a role—my area has a high accident rate, leading to stricter insurance restrictions. Poor personal credit scores can also result in rejection; I checked my credit report last time and it wasn't great. In short, if you can't secure insurance for your new car, don't panic. First, review your driving history and credit record, then try different insurance companies—there's always a solution. After all, insurance is a must for driving on the road, and safety comes first.
