What to Do If the Compulsory Traffic Insurance for Motorcycles Has Lapsed for One Year?
2 Answers
If the compulsory traffic insurance for motorcycles has lapsed for one year, there is no need to make up the payment. You can directly apply for insurance at the base rate, and the coverage will take effect the next day. Below is relevant information about compulsory traffic insurance: 1. Introduction: The 'Regulations on Compulsory Traffic Accident Liability Insurance for Motor Vehicles' stipulate that compulsory traffic insurance is a mandatory liability insurance provided by insurance companies to compensate victims for personal injuries, fatalities, or property losses caused by road traffic accidents involving the insured motor vehicle, within the liability limits. 2. Insurance Liability: If the insured causes a traffic accident while using the insured motor vehicle, resulting in personal injuries, fatalities, or property losses to the victims, and the insured is legally liable for the damages, the insurance company will compensate for each accident within the coverage limits as agreed.
I remember when I rode a motorcycle, the compulsory insurance also lapsed for a year, and I was so anxious that I immediately went to the insurance company to reinstate it. The steps were as follows: First, call or go directly to the counter for consultation—they usually ask you to pay the back premiums and may charge a late fee as a penalty. Second, bring your ID card and the original vehicle license, and fill out an application form. Finally, after payment, you can quickly get the new policy. The key point is that if an accident occurs during the lapse period, you have to pay for the compensation out of pocket, which is too risky! I recommend setting a phone reminder to renew the insurance a month in advance every year to avoid forgetting. Also, pay more attention to motorcycle maintenance, such as checking tire pressure, as these affect driving safety. Overall, the safest approach is to take immediate action to reinstate the insurance—don’t delay!
