What about the auto insurance after the transfer?
Many years ago, Mr. Zhang bought a used car from a friend. The car itself has strong compulsory insurance and commercial auto insurance, but it has not been renamed. Mr. Zhang is worried that once the car is in danger, the claim will be in trouble. I wonder if the insurance company will settle the claim. As far as pure compulsory insurance is concerned, insurance companies should make claims. Because after the accident, compulsory insurance is based on the principle of "no-fault liability", regardless of the size of the liability, compensation is needed. As far as vehicle commercial insurance is concerned, according to the relevant provisions of the Insurance Law, if the insured vehicle is resold, transferred, given to others or changed for use, the insured shall notify the insurance company in writing in advance and apply for correction. Once the insured vehicle is transferred, the original policy will be invalid. After the second-hand car is transferred, the auto insurance must be corrected, and the insurance company can continue to be responsible for the insured vehicle. The effective date of the policy is calculated from the date of invoice.
For Mr. New Car Advocate, he is neither the insured nor the beneficiary of auto insurance. For the original owner, although he is still the insured and beneficiary of the insurance contract, he is no longer the property owner of the insured vehicle and no longer enjoys the insurance benefits of the vehicle. The insured vehicle will not cause him any loss, so even if the original owner is found, he can't get a claim. It can be seen that after the second-hand car is transferred, the property right of the car is also transferred, and the auto insurance must be renamed in time to ensure that the new car owner can get the corresponding claims when he is in danger. What about vehicle transfer insurance? After the vehicle management office completes the transfer, the new owner should bring the transfer certificate, the copy of the driving license, the original insurance policy, his ID card and the original insurer's ID card to the original insurance company to fill in the transfer application form so as to handle the transfer formalities.
When buying a used car, you should "transfer" the insurance policy in time after completing the vehicle transfer procedures, and go through the correction procedures of the on-board insurance in the insurance company to avoid losses caused by vehicle accidents during this period.
1. What should I do if the vehicle changes its nature of use?
When the content of the policy changes, such as the issuance of new car number plate, vehicle transfer (change of insured), change of use nature, adjustment of insurance amount or termination of insurance liability, policy error, etc. The application for change must be submitted to the insurance company in time, and the insurance company will issue an approval form after it is approved. If the change affects the premium, this part of the premium will be increased or refunded. In the insurance industry, this is called revision.
2. Under what circumstances is it necessary to change the policy?
During the validity period of the insurance, if the contents of the policy change, such as new car registration, vehicle transfer, change in the nature of use, etc. The insured shall apply to the insurance company for change, and the insurance company will issue an endorsement to record the change as a supplementary part of the insurance policy.
3. How to change the policy?
When the insured needs to make corrections, he shall fill in an application for correction, sign or seal it and send it to the insurance company together with the insurance policy. After examination and approval by the insurance company, an approval form will be issued. In case of changing the insurance period, increasing or decreasing the insurance liability, the insurance company shall make up or refund the premium as appropriate.
4. Under what circumstances can I surrender?
According to the regulations, the insured and the insured can ask for surrender at any time. If you are dissatisfied with the insurance company, want to change the insurance company, or the insurance vehicle is scrapped according to the regulations, you can apply to cancel the insurance contract and return the unexpired premium.
5. What are the procedures for surrender? Step one: surrender. Write an application, explain the reasons for surrender, when to start surrender, and submit it to the insurance company after signing or sealing;
Step 2: Issue the surrender approval form. According to the application for surrender, the insurance company will issue a surrender approval form, which will indicate the surrender time and the refundable premium amount, and at the same time recover the original auto insurance policy and insurance card.
Step 3: Get the refundable premium. With the surrender approval and identity certificate, you can get the response surrender money from the financial department of the insurance company.
6. What should I do after the insured vehicle is out of danger?
If a road traffic accident happens unfortunately, the driver must stop immediately, actively protect the scene, rescue the wounded and property, report the case to the public security traffic control department quickly and notify the insurance company. The insurance company will promptly send professionals to the scene to assist in handling the accident, carry out rescue, investigate and analyze the cause of the accident, and verify the accident losses. After the accident is handled, the insurance company can claim compensation from the insurance company with relevant documents.
In case of vehicle theft or other non-road traffic accidents, please report to the local public security organs (such as police stations and patrol officers) and notify the insurance company.
7. Is there any difference in auto insurance of insurance companies?
There is no difference between terms and rates, because insurance companies in the same place all implement the unified auto insurance terms and rates promulgated by the CIRC. In other words, the scope of responsibility and price of each insurance company are the same, but some details are slightly different when applying for insurance and making claims.
About how to do auto insurance after the transfer, this is probably the case. I hope I can help you. At the same time, when handling car transfer, we should pay great attention to avoid trouble. If it is not solved in time, we will regret it.
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