Due to the increasing demand for second-hand cars as a good mode of investment and financial saving for the common public, there has been an increase in the purchasing of second-hand cars. This has also raised a question in a lot of customers' minds about how to get a transfer of insurance for a second-hand car. Here we will see how one can get their second-hand car insurance transferred within the allotted period that government provides to the owner to get the second-hand car insured in their name.

What is the Transfer of Insurance for a Second-Hand Car?

Generally, when a car is sold to a new owner from the previous user of that car, it becomes a second-hand car that needs to be reinsured in case there is no insurance or requires the new owner to get the transfer of insurance from the old owner of the car, this process of transfer of insurance is called transfer insurance of second-hand car. This process requires the new owner of the car to register the brought car or secondhand car to be insured under his name so that they can claim insurance when they require it. The process needs to be done within 14 days of the purchase of the second-hand car.

How to Transfer Insurance for a Second-Hand Car

The new owner of the car needs to apply for the change of ownership of the car to the insurance company and notify them of their ownership of the car taken from the previous owner. The customer can follow the following steps to transfer insurance of a second-hand car to their name:

Fill Forms 29 and 30 with the Previous Owner's Sign: The new owner needs to get the previous owner's signature on forms 29 and 30 which serve as an application for liberating him of the ownership of the used car and transferring it to the new owner along with the old policy documents.

Payment of Transfer Fee and Registration Fee: The new owner needs to pay the transfer fee and registration fee for the standard charges which are required by the RTO office.

Submitting a NOC: The new owner of the vehicle must submit a no-objection certificate to the RTO signed by the previous owner relieving him of the ownership.

Issuing of the New RC: RTO will issue a new RC for the used car which the new owner must submit to the insurer provider to transfer the insurance of the second-hand car to his name.

Inspection of the Car: The insurance provider will inspect the car for any issues or damages before giving the new owner the insurance policy under his name.

Settling NCB: The new owner may need to pay or settle for any NCB (no claim bonus) differences that may arise for the insurance transfer of a secondhand car if the previous owner had used the insurance claim before him.

Therefore the above steps need to be followed for the new owner of the used car to transfer insurance of the second-hand car to his name within 14 days of the purchase. In case of no insurance, the owner can direct file for new insurance through an insurance provider and get the car insured and protected. 


Benefits of Transferring Insurance of Second-Hand Car

Getting insured is the best way to protect yourself and your car from unforeseen issues which may happen if the owner is not careful when on the road or due to some other circumstances. Following are the various benefits of transferring insurance for a second-hand car:

3rd Party Protection: The insurance will protect the owner of the used car if there is damage to the 3rd party due to his car or the owner's negligence. It helps the owner not only financially in terms of the settlement but also helps the 3rd party claim for the damages and gets the compensation they need.

Car Value: The second-hand car value increases if the owners get the car insured as it makes the car more marketable for future sale and use.

Accident Protection: The owner can file for a claim and get the damages covered under the insurance faster as the car is insured under his name, which makes the claim process easier and reduce the chances of irregularity.

Ease of Mind: As the car is second-hand many owners has concern over its use on the road without insurance which can result in mental stress on their mind. With insurance, they can have ease of mind and enjoy the ride. 


When getting a second-hand car one must always check for insurance and get it insured or transferred to his name within 14 days of the purchase to avoid any future issues regarding claims. Many people fail to transfer insurance of a second-hand car to their name and end up losing a lot of money as well as the time when the car is in an accident and may well require a major service overhaul. Second-hand cars are subjected to more scrutiny as they were used previously by another owner which may or may not have already used the insurance claim at a certain period. Overall one must follow all the processes of getting their car insured as it not only helps in mitigating future losses but also let the owner peace of mind when driving a secondhand car. Now one can easily buy car insurance in just a few steps on Quickinsure by just visiting and comparing various plans and selecting the one that satisfies their need. 


1. Is it important to transfer insurance for a second-hand car?

Yes, as it helps mitigate future risks such as getting an insurance claim.

2. Why should one insure the car in his name?

It helps the claim process much faster and easier.

3. How many days will it take to get the transfer insurance for a second-hand car?

It may take 30-45 days for the request to transfer the insurance.

4. Why do second-hand cars have low insurance value?

As the car is already passed its prime and can have various issues which can result in downgrading its insurance value.

5. How many days are allotted to the new owner for the transfer of insurance to his name?

The new owner must renew insurance or apply for the transfer insurance of a second-hand car within 14 days from the date of the purchase. 

go to top img

Insurance Companies