What to Do If Car Insurance Expires for 15 Days?
1 Answers
If your car insurance has expired for 15 days, as long as no accident has occurred, you can simply purchase a new compulsory traffic insurance policy from any insurance company. Below is an introduction to motor vehicle insurance: 1. Definition: Motor vehicle insurance, also known as auto insurance (abbreviated as car insurance), refers to a type of commercial insurance that covers liability for personal injury or property damage caused by natural disasters or accidents involving motor vehicles. 2. Development: The true development of motor vehicle insurance occurred after World War II. On one hand, the popularity of automobiles made road accidents a widespread social hazard. On the other hand, many countries included third-party liability for motor vehicles, including cars, in the scope of compulsory insurance. Therefore, motor vehicle insurance has become a universally significant insurance business worldwide.