Where to Buy Motorcycle Insurance?
1 Answers
Motorcycle insurance can be purchased from major insurance companies such as China Life, Ping An Insurance, and other insurers that offer motor vehicle insurance services. Below is extended information about motorcycle insurance: Compulsory Motorcycle Insurance: New vehicle registration requires prior purchase of compulsory insurance, which must be renewed annually. It is essential to pay the compulsory insurance premium every year voluntarily; otherwise, the vehicle will fail the annual inspection. You can purchase it directly from an insurance company's office or have someone purchase it on your behalf. The insurance companies offering compulsory insurance may vary slightly by region. Many people are unaware that motorcycles can also have commercial insurance. Similar to cars, motorcycles can also be covered by commercial insurance from insurance companies. The main types of commercial insurance for motorcycles include theft insurance, vehicle scratch insurance, and third-party commercial insurance with no deductible. Purchasing all these coverages is equivalent to having comprehensive insurance.