What steps should we follow when transferring vehicle ownership for ”Civil Liability” insurance?

Transferring ownership of a vehicle is a common process. It requires patience and following specific steps. Starting with legal requirements, going through a notary, signing a purchase agreement, registering the vehicle in the new owner’s name, and finally updating the ownership with the insurance company.

Trusti, your guide to online insurance, is here to walk you through the steps of transferring vehicle ownership for “Civil Liability” insurance.

Steps to follow:

Step 1: Visit the insurance company’s office

To transfer “Civil Liability” insurance to the new owner, the first step after completing the legal requirements is for the new owner to visit the insurance company’s office. Be sure to bring the following documents with you:

• Purchase agreement or invoice (when buying a car from a dealership, you’ll receive an invoice)
• ID card
• Existing insurance policy

Step 2: Request a document for ownership transfer

At the insurance company’s office, after providing the necessary documents listed above, an annex for the transfer of vehicle ownership will be issued to you. This annex serves as proof of the ownership transfer and ensures that your insurance policy continues until its expiration date. Trusti reminds you to keep this document in a safe place for future reference.

Step 3: Consider switching insurance companies (optional)

If the new owner wishes to switch to another insurance company, the process is simple. The previous owner must request the cancellation of the existing insurance policy. Upon cancellation, the insurance company will assess whether a partial refund of the remaining amount of the insurance is applicable. Once the cancellation process is completed, the new owner can choose the insurance company that best suits their coverage needs. Use our easy-to-use comparison calculator for “Civil Liability” insurance.

Conclusion:

Transferring vehicle ownership and updating “Civil Liability” insurance are processes many people have encountered. By following these simple steps, you can ensure a smooth transition and maintain the necessary insurance coverage to stay protected on the road.

Trusti is your reliable online insurance guide, simplifying the process for you and giving you the opportunity to save time, money, and unnecessary worries. Remember, we are here to make insurance easy, secure, and completely transparent, providing you with peace of mind at all times on the road.

Trusti, it’s that easy.