Sunday, December 7, 2008

SCOOTER INSRUANCE POLICY

I bought a scooter four years back, but stopped using it a year later. I have not renewed its insurance all these years. Now, I want to sell it. Do I need to buy a motor insurance policy before selling it?
It is obligatory on the part of vehicle owners to get a third party insurance cover if they intend to bring the vehicle on road. Since you did not use the scooter for the last three years, you don’t need to get a policy for it. Now when you want to sell the scooter, you will have to buy at least a third party cover for the vehicle. In fact, this is one of the important documents required for the registration of the vehicle in the name of new buyer.