What to Do When Selling a Car with Insurance Still Active?
1 Answers
After completing the vehicle transfer procedures, both the buyer and seller should bring the transfer receipt, a copy of the vehicle license, the insurance policy, and their ID documents to the original insurance company to process the change of policyholder. The original policyholder should bring their ID card and the insurance policy to the insurance company to cancel the insurance. After the original owner cancels the insurance, the new owner can bring the new vehicle license and the transfer certificate to apply for new car insurance.