Under normal circumstances, the place of insurance purchase and transfer should be the same; If the vehicle insurance is purchased in other places or provinces, and the information provided is complete, the staff of the local insurance company can assist the customer to contact the relevant departments of the foreign insurance company for correction.

Information required for insurance transfer: original owner, new owner's ID card, new owner's driving license, vehicle registration certificate and compulsory insurance policy.

Since the commercial insurance belongs to the original owner's voluntary purchase and the ownership belongs to the original owner, the transfer of commercial insurance requires the original ID card of the original owner and the consent of the original owner.

Effective time of reinsurance: the auto insurance approval will take effect in the early morning of the next day when the insurance company passes the underwriting.

It is understood that there is no need to buy all insurance when buying a car with a loan. In fact, most banks or financial companies are exempt from compensation as long as they buy four types of insurance: car damage insurance, burglary insurance, robbery insurance and spontaneous combustion insurance. This is because all the above types of insurance may cause total loss of the car, because before you pay off the loan, the first beneficiary of this type of insurance is the loan bank.

Because of installment payment, banks have certain requirements on the amount of insurance, but car dealers should not force consumers to buy insurance at the store, and sales staff should assist consumers to buy appropriate insurance at the insurance company chosen by consumers.

Million car purchase subsidy