What if I forget to buy compulsory insurance? Timely update is the key.

After the compulsory insurance expires, the owner will not be punished for subsequent insurance for a period of time. Only when it is discovered by the traffic control department during the period before the renewal of insurance will it be fined twice the prescribed compulsory insurance premium.

According to the Regulations on Compulsory Liability Insurance for Motor Vehicle Traffic Accidents:

Article 39 If the owner or manager of a motor vehicle fails to take out compulsory motor vehicle traffic accident liability insurance according to the regulations, the traffic administrative department of the public security organ shall detain the motor vehicle, notify the owner or manager of the motor vehicle to take out insurance according to the regulations, and impose a fine of twice the insurance premium payable according to the minimum liability limit.

If the owner or manager of a motor vehicle reissues compulsory motor vehicle traffic accident liability insurance in accordance with regulations, he shall return the motor vehicle in time.

Article 40 If the motor vehicle driving on the road is not marked with the insurance sign, the traffic administrative department of the public security organ shall detain the motor vehicle, notify the parties to provide the insurance sign or go through the corresponding formalities, and may give a warning or impose a fine of more than 20 yuan and less than 200 yuan.

If the parties provide insurance signs or go through corresponding formalities, they shall return the motor vehicle in time.

Extended data:

Claim procedure

1, accept the report and accept the claim.

A, after receiving the report from the insured or the victim, ask about the situation and immediately inform the insured or the victim of the specific compensation procedures and other related matters.

If casualties are involved or one party to the accident is not insured, the parties to the accident should be reminded to report to the local traffic management department immediately.

B. The insurer shall make detailed records of the reported cases and conduct unified filing management.

C. If the insured motor vehicle has a traffic accident, the insured shall apply to the insurer for compensation.

The insurer shall, within 1 working days from the date of receiving the application for compensation, inform the insured in writing of the documents and materials related to compensation that need to be provided to the insurance company in the form of a claim notice.

The insurer shall, within 5 working days from the date of receiving the certificates and materials provided by the insured, verify whether it belongs to the insurance liability and notify the insured of the results.

If it does not belong to the insurance liability, it shall explain the reasons in writing; In case of insurance liability, the insurance premium shall be compensated within 10 working days after reaching a compensation agreement with the insured.

2. The notice of claim must be easy to understand, and the following certificates and materials related to compensation should be checked according to the actual situation:

Claim application, original compulsory insurance policy for motor vehicle traffic accident liability, traffic accident responsibility confirmation, conciliation statement, simple accident handling statement, self-negotiation agreement for traffic accident handling, court ruling, award, conciliation statement, judgment, arbitration statement, vehicle damage list, vehicle repair invoice and property loss list.

Hospital diagnosis certificate, medical expense reimbursement certificate, lost work certificate and income certificate, disability appraisal certificate, death certificate, certification materials, household registration certificate, motor vehicle driving license, motor vehicle driving license, identity certificate of the insured, identity certificate of the claimant, etc.

3. Investigation and damage assessment

After receiving the customer's report, the motor vehicle insurers of all parties to the accident shall conduct survey to verify the losses of the victims. If the vehicle of the non-responsible party involves compensation for casualties, the insurance company of the non-responsible party should also survey and determine the damage.

Baidu encyclopedia-compulsory liability insurance for motor vehicle traffic accidents