What should I do if my car insurance expires during the epidemic? How long can I postpone the payment if my car insurance expires during the epidemic?

Affected by the new coronavirus, people's lives have been affected to a certain extent. People in many places cannot go out, especially in Hubei Province. During the epidemic, many people's car insurance expired. So what should I do if my car insurance expires during the epidemic? Let's take a closer look!

What to do if your car insurance expires during the epidemic

This can usually be done online.

During the epidemic, many insurance companies have opened online services. For example, customers whose car insurance is about to expire and need to renew can click on the car insurance quote on the homepage of Ping An Good Car Owner app to handle it with one click. When the quote is generated, disinfectants can also be given as gifts. If online insurance cannot be operated, you can contact the salesperson or 95511 customer service for manual processing. In addition to renewal services, customers can also enjoy a variety of services such as buying insurance, handling compensation, and checking violations on the Ping An Good Car Owner app.

It is learned from insurance companies such as Ping An Property & Casualty Insurance Guangdong Branch and Guangdong PICC Property & Casualty Insurance Co., Ltd. that consumers can enjoy insurance purchase, claims settlement and other services through online service platforms such as Ping An Good Car Owner and the "Guangdong PICC Property & Casualty Insurance Co., Ltd." WeChat public account, ensuring that service timeliness is not compromised during the epidemic and service measures are more convenient.

How long can I postpone my car insurance payment during the epidemic?

Most of the time it can be extended for about one month. Please consult each insurance agency for the specific time.

The China Insurance Industry Association should encourage the property insurance industry to fully cooperate with Hubei Province's motor vehicle suspension policy. During the epidemic prevention and control period, it may consider temporarily automatically extending the coverage period of the compulsory traffic insurance and commercial vehicle insurance policies of various property insurance institutions in Hubei Province after January 23, 2020 by one month or an appropriate period of time, and formulate relevant operating rules. China Banking and Insurance Information Technology Co., Ltd. should provide technical support for this work.

During the epidemic prevention and control period, for the vehicles of relevant logistics enterprises transporting epidemic prevention materials and important daily necessities, if the enterprises provide relevant certificates issued by government departments, property insurance companies may temporarily not implement the relevant requirements of "payment upon receipt" for auto insurance in various regions when underwriting, and negotiate to appropriately postpone the collection of auto insurance premiums to alleviate the difficulties of capital turnover of logistics enterprises. For those who are temporarily unable to pay auto insurance premiums in time due to the severe impact of the epidemic, property insurance companies may refer to the above principles to handle underwriting procedures and negotiate to appropriately postpone the payment of premiums.

What are the impacts of postponing car insurance during the epidemic?

If you fail to renew your policy on time due to the epidemic, the no-compensation discount will not be affected, but it does not mean that you will continue to enjoy car insurance coverage.

1. If a traffic accident occurs while driving without insurance, the owner shall bear the loss

Without car insurance, driving out is like running naked. After the vehicle is out of insurance, it cannot enjoy normal insurance protection. Once the car is on the road and a traffic accident occurs, the car owner will have to bear the loss himself.

2. If you drive without compulsory traffic insurance, you will be fined twice as much

If you drive on the road without compulsory traffic insurance, the trouble will be even greater. Once caught by the traffic police, your vehicle will be detained and you will have to pay a fine of twice the compulsory traffic insurance premium.

Then some car owners said, I don’t drive anymore, I just stay at home, and there is no need to rush to renew the insurance.

3. There are risks when driving a vehicle, and there are risks when stopping the vehicle

Natural disasters, falling objects from high altitudes, collapse of external objects, vehicle fires and explosions, cars being smashed for no reason or the responsible party fleeing, etc.

For example, if the car is parked downstairs, and people who are driven crazy by the epidemic accidentally knock down a flower pot from downstairs, making a dent in your car, what will you do?

4. The reinsurance procedures after the insurance is cancelled will be more troublesome

In order to control risks, insurance companies need to inspect and underwrite out-of-insurance vehicles. That means taking photos of the car from all angles (usually more than three days after the car is out of insurance, but the details vary slightly from company to company) to prove that the car body is intact. If the car has slight paint peeling, it may also be rejected.

Therefore, CheChe recommends that car owners whose car insurance has expired choose online insurance and try to insure on time so as not to affect the normal use of the vehicle.

As an open Internet insurance platform, Cheche supports online one-click insurance. By entering the car owner's license plate number and other relevant information, you can select the insurance type and insurance company and complete the insurance online.

Can I cancel my car insurance during the epidemic?

Compulsory traffic insurance cannot be refunded

The recent epidemic has indeed caused many vehicles to be unable to drive normally on the road, but the control strength varies greatly in different regions, and it is not ruled out that some vehicles can be driven normally; and the control of motor vehicles is mostly to allow exit but not entry, and cars can be driven freely outside residential areas. What is important is that many companies have resumed work ahead of schedule, and it is not ruled out that a large number of motor vehicles have resumed normal use.

Faced with these uncertainties, it is impossible for compulsory traffic insurance and commercial insurance to refund in overlapping epidemic control areas. Because refunding is equivalent to giving up the compulsory protection of motor vehicles. If a large number of motor vehicles are on the road due to special circumstances and serious accidents occur during driving and there is no compensation, who should bear the final compensation liability? The point is that once such a situation occurs, it will make the epidemic worse. Public resources are almost fully allocated to epidemic control. At this stage, it is very important to reduce the occupation of resources in other areas.

Commercial auto insurance can be cancelled, but the full amount must be refunded

Commercial auto insurance is a type of insurance purchased voluntarily by users. The Insurance Law stipulates that if users no longer need this service, they can choose to refund the premium. However, there is a prerequisite: if the vehicle is compensated for an insurance accident during the validity period of the auto insurance, the remaining cost of the commercial auto insurance cannot be refunded, because the insurance has been triggered, which means the deposit has been used.