If you are buying or selling a new car, you need to get the four-wheeler insurance transferred to your name or to the concerned person who is buying your car. This process is very important and is legally bound. You can easily carry out the car insurance online check to know the status of your car insurance policy. Also, transferring your car insurance policy, such as third-party car insurance online and other documents correctly will help you avoid any issues that may arise in the future. Here’s what you need to know.

Can we transfer four-wheeler insurance online?

The answer to this frequently asked question is YES. You can easily transfer your four-wheeler insurance online to the person who purchased your car or get it transferred to your name if you are the buyer. Doing your car insurance online check is very important. According to the government’s rules and motor regulations, it has been made compulsory for vehicle buyers and owners to get their four-wheeler insurance transferred to their name within 14 days of the transfer of the vehicle. This process can be done offline as well as online. So, you can also transfer the four-wheeler insurance online from the comfort of your home. 

Here are some of the essentials that are needed for the transfer process. Read to know more!

Importance of documentation process:

You will continue to get responsible for any liability related to the car, even after you sell if you do not follow the proper documentation process. You need to pay attention to the car insurance online check to transfer four-wheeler insurance online to free yourself from future liabilities. The rule gets applicable to third-party car insurance online.

Transactional documents:

Once you have concluded the deal with the prospective customer, you must get a sale affidavit and delivery note signed by them for the car insurance online check. Make sure to attach the prospective customer’s identity proof, like a PAN card and Aadhar card. Do not forget to attach the cheques you receive to the sale affidavit. Whether you have third-party car insurance online or a standard comprehensive policy, get the sale affidavit notarized and signed, as it is an agreement transferring all motor-related liabilities to the buyer.

RTO documents:

Here are some crucial car insurance documents required by the RTO for transferring car insurance online check:

• Form 28:

Form 28 is a document for receiving a NOC from the registration authority. Whether you have third-party car insurance online or a standard comprehensive policy, Form 28 is proof that you no longer hold the liabilities that may prevent you from selling your car. 

• Form 29:

Form 29 is a document by the owner transferring the vehicle’s ownership to the RTO department. It means that the owner has handed over all the crucial documents, such as the Registration certificate, PUC certificate, and Vehicle certificate, to the buyer. 

• Form 30:

Form 30 is a confirmation of Form 29 about the completion of transferring the vehicle’s ownership to the prospective buyer. It means that all the legal liabilities get transferred to the buyer of the used car. 

• Clearance certificate:

Whether you perform a car insurance online check or offline, a clearance certificate is a simple application made on a plain paper sheet to inform the selling of the car’s RTO. It includes the details of the seller, buyer, and vehicle. 

You can safely hand over the car to the new buyer along with the registration certificate, car insurance policy document, PUC, vehicle invoice, and application of the online insurance transfer with original and duplicate keys once you get the agreed amount and the signature on the documents. 

How to transfer car insurance online?

Factually, transferring car insurance is a lengthy process, whether you have third-party car insurance online or a standard comprehensive policy. However, some digital platforms introduced the transfer of car insurance online check:

• Transfer in case of sale and purchase:

It involves the sale and purchase of a used car, wherein the old owner’s name and details get replaced by the new buyer on the vehicle’s RC. 

• Transfer in case of owner’s demise:

The legal heir of the car must inform them about the owner’s death to the RTO within the next thirty days. The rule gets applicable even if you have third party car insurance online. However, the legal heir can utilize the vehicle for the next three months following the owner’s death. 

• Transfer in case of the public auction:

Here the original owner’s name gets replaced by the name of the prospective buyer in case of a public auction for transferring the car insurance online check.

The online process may subtly vary from the offline process. You may also initiate the process and submit the necessary documents on the Central Government’s website called “Parivahan.”