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Where to Purchase Compulsory Traffic Accident Liability Insurance for Motorcycles?

1 Answers

SanElaina

07/29/25 5:31pm

Motorcycle owners can purchase compulsory traffic accident liability insurance from any local property insurance company that offers this service. Insurance companies are prohibited from refusing coverage, delaying coverage, or arbitrarily terminating contracts. Since February 1, 2010, if any insurance company is found restricting compulsory insurance coverage for motorcycles or other vehicle types for any reason, their compulsory insurance business operations will be legally restricted nationwide. Compulsory Traffic Accident Liability Insurance: The full name of this insurance is "Compulsory Traffic Accident Liability Insurance for Motor Vehicles." It is a mandatory liability insurance where the insurance company compensates victims (excluding passengers in the insured vehicle and the insured's personal injuries or property losses) within the liability limits for road traffic accidents caused by the insured motor vehicle. Important Notes: If a motorcycle frequently travels long distances, it is advisable to choose a larger insurance company for coverage, as such companies have branches nationwide, allowing for immediate handling of damage assessment and claims settlement locally in case of trouble.

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