Why is compulsory traffic insurance not transferred?

[VanDakota]

Reasons for not transferring compulsory traffic insurance: Currently, the compulsory traffic insurance for vehicles follows the car, not the person, which means it adheres to the principle of following the vehicle. Except for special circumstances, the compulsory traffic insurance is automatically transferred to the new owner's name, so as long as the compulsory traffic insurance can follow the car, there is no problem, and there is no need to handle the transfer procedures for compulsory traffic insurance. In the process of used car transactions, compulsory traffic insurance follows the principle of following the vehicle. Except for the special circumstances stipulated in the terms, the insurance contract cannot be terminated. That is to say, after the used car transaction is completed, the compulsory traffic insurance is automatically transferred to the new owner's name. Although the compulsory traffic insurance of the vehicle is nominally under the new owner's name, if an accident occurs without the transfer being completed, it may affect the claim. Some insurance companies may directly refuse to pay, and there are also cases where some insurance companies default the original owner as the beneficiary and transfer the claim to the original owner's account.

[Archie]

I previously sold a car and found that compulsory insurance indeed doesn’t require transfer, mainly because the national policy is well-designed. When the car changes ownership, the compulsory insurance remains valid, but the name of the insured needs to be updated with the insurance company during the transfer. This ensures third-party protection isn’t interrupted in case of an accident, which is quite safe. I think this design saves a lot of trouble—no need to repurchase insurance, saving both time and money. From experience, everyone in the used car market now understands this, and the name change is handled directly during transactions, making the process smooth. This policy is thoughtful, balancing social risk protection without burdening car owners—it’s praiseworthy.

[StDelaney]

When I bought a used car, I initially thought the compulsory traffic insurance needed to be transferred. But after asking around, I found out it doesn't require any action at all. The insurance stays with the car, and the new owner just needs to update the name with the insurance company. This approach is quite smart—it avoids coverage gaps and saved me unnecessary expenses. Imagine if every ownership change required reapplying: premiums would rise, and it'd take too much time. Now with this simplified process, I feel much more at ease when driving. The whole procedure seems reasonably optimized, making it particularly suitable for newcomers like us to learn from.

[DelRonan]

The compulsory insurance doesn't require transfer because the vehicle's inherent risk remains unchanged. The new owner just needs to update the information after taking over. As an experienced driver who's bought and sold cars several times, I simply go to the insurance company for an endorsement each time. This design simplifies management and prevents disputes after accidents. I reckon it also slightly reduces insurance costs by avoiding frequent resets. Plus, it's mandated by national regulations to ensure everyone's safety on the road - a perfectly reasonable arrangement.