1, and the late payment fee generally does not exceed the fine amount. That is to say, the fine is 100 yuan, and the late payment fee is not more than 100 yuan. The late fee for traffic fines refers to a punitive payment collected from the payer within the prescribed payment period. Generally, according to the number of days exceeding the prescribed time limit, a certain percentage of the amount payable is charged every day. According to the theory of administrative law, late payment is an execution penalty in administrative enforcement.

2. Legal basis: Article 98 of the Road Traffic Safety Law of the People's Republic of China

If the owner or manager of a motor vehicle fails to take out compulsory motor vehicle third-party liability insurance in accordance with the provisions of the state, the traffic administrative department of the public security organ shall detain the vehicle until it is insured in accordance with the provisions, and impose a fine of twice the insurance premium payable in accordance with the provisions.

All fines paid in accordance with the preceding paragraph shall be included in the social assistance fund for road traffic accidents. Specific measures shall be formulated by the State Council.

Second, what are the rules for fines?

1. The subject of the fine is the administrative subject. Not all organizations and individuals have the power to impose fines, and not all administrative subjects have the power to impose fines. Only administrative subjects authorized by laws, regulations or rules have the right to impose fines.

2. The object of the fine can only be the administrative counterpart, and the power of a specific administrative subject to exercise the fine is not unlimited. Only the administrative counterpart can be fined, and no organization can impose a fine on its members, and the specific administrative subject with the right to fine is no exception;

3. The reason for the fine can only be violation of administrative regulations. The essence of a fine is an administrative penalty, which determines that a fine can only be targeted at acts that violate administrative regulations. Other acts, even illegal acts, cannot be fined.