if necessary, the sign of compulsory insurance must be posted, otherwise it will be punished accordingly. according to the relevant provisions of the traffic law, a motor vehicle driving on the road is given a warning or a fine of more than 2 yuan but less than 2 yuan, and one point will be recorded at a time.
For details, please know the following information
On the afternoon of January 5, 219, when the auxiliary police of the Fourth Squadron of Hohhot Xincheng Traffic Management Brigade checked the passing vehicles at the intersection, a vehicle with expired and dangerous signs caught the attention of the traffic police. Then the driver provided his own insurance, and the latest strong danger sign was also available but not replaced and posted.
according to the law of the people's Republic of China on road traffic safety, vehicles on the road must be posted with the vehicle inspection mark and compulsory insurance mark within the validity period. However, many drivers think that only the signs on the glass are enough, and even if they get the latest strong danger signs and motor vehicle inspection marks, they will not be replaced. Once this situation is investigated, 5 yuan will be fined and 1 point will be deducted. If these two signs are not pasted, 1 yuan will be fined 2 points. The Road Traffic Safety Law, which came into effect on May 1, 24, first proposed "establishing a compulsory motor vehicle third-party liability insurance system and setting up a social assistance fund for road traffic accidents". On March 21st, 26, the State Council promulgated the "Compulsory Traffic Insurance Regulations", and the compulsory third-party liability insurance for motor vehicles was replaced by "Compulsory Traffic Insurance" from now on. The regulations were implemented as of July 1st, 26.
Road Traffic Safety Law of the People's Republic of China
On June 3, 26, the China Insurance Regulatory Commission promulgated the Interim Measures for the Administration of Separate Accounting of Compulsory Motor Vehicle Traffic Accident Insurance Business, which shall be implemented as of the date of promulgation;
On June 27th, 27, the CIRC issued the Interim Measures for Floating the Compulsory Insurance Rate of Motor Vehicle Traffic Accident Liability, which was implemented on July 1st.
On July 1st, 27, with the improvement of supporting measures, compulsory traffic insurance was finally implemented, and the compulsory third-party liability insurance for motor vehicles (compulsory third-party insurance) was still widely implemented.
"Compulsory motor vehicle third party liability insurance" and current motor vehicle third party liability insurance belong to commercial insurance, while the newly implemented "Compulsory Traffic Insurance" has a higher insurance rate than "Motor vehicle third party liability insurance", and the third party liability insurance determines the compensation liability of the insured according to the accident liability he bears in traffic accidents.
regardless of whether the insured is responsible for the traffic accident, the insurance company will make compensation within the limit of liability according to the regulations on compulsory insurance and the specific requirements of compulsory insurance clauses. It plays an important role in maintaining the personal and property safety of road traffic passers-by and ensuring road safety. At the same time, it can reduce legal disputes, simplify handling procedures and ensure that victims get timely and effective compensation.
On March 3, 212, the specific contents of the revision of the State Council's Decision on Amending the Regulations on Compulsory Motor Vehicle Traffic Accident Liability Insurance are as follows: the State Council's Decision on Amending the Regulations on Compulsory Motor Vehicle Traffic Accident Liability Insurance: the State Council decided to amend the Regulations on Compulsory Motor Vehicle Traffic Accident Liability Insurance as follows: Paragraph 1 of Article 5 is amended as: "Insurance companies may engage in compulsory motor vehicle traffic accident liability insurance business with the approval of the CIRC."
according to the revised contents and full text of the regulations published on the website of the central people's government, there is only one amendment in the new version of the Regulations on Compulsory Traffic Accident Liability Insurance for Motor Vehicles. The first paragraph of the revised Article 5 reads: "Insurance companies may engage in compulsory traffic accident liability insurance business with the approval of the CIRC." In the old regulations, which came into effect on July 1, 26, only "Chinese-funded insurance companies" were allowed to engage in compulsory insurance business. Removing the word "Chinese capital" means that China officially opens the compulsory insurance market to foreign insurance companies, and China's insurance industry has entered a stage of full opening.
On December 17th, 212, the State Council decided to make the following amendments to the Regulations on Compulsory Traffic Accident Liability Insurance for Motor Vehicles: one article was added as Article 43: "Trailers are not insured with compulsory traffic accident liability insurance for motor vehicles. If a road traffic accident causes personal injury or property loss, the insurance company insured by the tractor shall make compensation within the liability limit of compulsory motor vehicle traffic accident liability insurance; For the insufficient part, the tractor and trailer shall be liable for compensation in accordance with the law. " This decision shall come into force as of March 1, 213.
On September 3, 22, official website, the Insurance Regulatory Commission of the Bank of China, issued the Guiding Opinions on Implementing the Comprehensive Reform of Auto Insurance, which clearly stipulated that the level of compulsory insurance should be improved, and the total liability limit of compulsory insurance should be raised from 122, yuan to 2, yuan, in which the death and disability compensation limit should be raised from 11, yuan to 18, yuan, the medical expenses compensation limit should be raised from 1, yuan to 18, yuan, and the property loss compensation limit should remain unchanged.