What to do with compulsory traffic insurance after motorcycle transfer?
4 Answers
If the compulsory traffic insurance is still within its validity period, there is no need to repurchase it. You only need to go through the compulsory motor vehicle traffic accident liability insurance contract modification procedures at the insurance company. The "Regulations on Compulsory Traffic Accident Liability Insurance for Motor Vehicles" stipulate that when the ownership of the insured motor vehicle is transferred, the compulsory traffic accident liability insurance contract modification procedures must be completed. When the compulsory motor vehicle traffic accident liability insurance contract expires, the policyholder shall renew the insurance in a timely manner and provide the insurance policy from the previous year. When applying for insurance, the policyholder shall truthfully inform the insurance company of important matters.
I was also quite confused when I first transferred the ownership of my motorcycle, but later I realized that the compulsory traffic insurance needed to be rehandled. Generally, after the transfer, the insurance doesn't automatically switch to the new owner's name. You need to go to the insurance company to complete the change of the insured. Remember to bring your ID card, vehicle registration certificate, and transfer proof, then apply for an updated endorsement either at the counter or online. The original insurance validity period will continue, but if you delay too long, the traffic police may fine you 100 to 200 yuan during inspections. Worse, the insurance won't cover any accidents. Last time after the transfer, I went to handle it immediately—the process was simple, taking less than half an hour, and it saved me a lot of trouble with the insurance. Don’t wait until an accident happens to regret it. I suggest making a trip on the weekend to sort it out. While you're there, ask if renewal or adjustments are needed. Motorcycles vibrate frequently, so ensuring the policy is accurate gives peace of mind.
I have experience handling this kind of situation. After the motorcycle ownership transfer, compulsory traffic insurance is a crucial step. The new owner needs to confirm the status of the original insurance. If it is still valid, they should go to the insurance company to process the change, submitting the information of both the old and new owners to update the name. Sometimes, the original owner may need to accompany or provide proof to avoid future disputes. It's best to get this done within a week, as delays might affect the annual inspection or the risk of riding on the road. I recommend making an appointment with an insurance specialist in advance to save time, as motorcycle insurance is vital for safety—without it, accidents could become troublesome. Additionally, the compulsory insurance rate is linked to the vehicle, so a reassessment might be required after the transfer, but the total cost usually doesn’t change much. Staying legal and compliant is the most important thing.
After my car was transferred, my first thought was about the compulsory insurance. I checked and found out that the insurance needs to be transferred, otherwise there could be trouble if an accident happens or during a vehicle inspection. After the transfer, you need to contact the insurance company to update the information and bring your documents to process the endorsement. It's simple; I got it done in half an hour—don't wait. My friend delayed it and ended up getting fined. The insurance can continue from the original period, so handle it early for peace of mind.
