Motor vehicle insurance generally includes compulsory insurance and commercial insurance, which consists of two parts: basic insurance and additional insurance. Basic insurance is categorized into vehicle damage and third party liability insurance, total vehicle theft insurance (burglary insurance), and vehicle occupant liability insurance (driver's liability insurance and passenger liability insurance).
Additional insurance includes separate glass breakage insurance, scratch insurance, spontaneous combustion damage insurance, water-related driving insurance, no-fault liability insurance, liability insurance for falling cargos, vehicle stopping loss insurance, new equipment loss insurance, and non-discriminatory special insurance. Separate glass breakage insurance, spontaneous combustion damage insurance, new equipment damage insurance, is the body damage insurance additional insurance, you must first insure the vehicle damage insurance before you can insure these additional insurance. Vehicle liability insurance, no-fault liability insurance, liability insurance for falling cargo, etc., is the third party liability insurance additional insurance, you must first insure the third party liability insurance before you can insure these additional insurance; each insurance is not deductible can be insured independently.
Compulsory insurance
Compulsory insurance is the first mandatory insurance system in China that is required by national law.
The Regulations on Compulsory Insurance for Motor Vehicle Traffic Accident Liability [hereinafter referred to as "the Regulations"] stipulate that compulsory insurance is a mandatory liability insurance in which the insurance company pays compensation within the limit of liability for personal injury or death and property damage caused by a road traffic accident of an insured motor vehicle to a victim [excluding the person in the vehicle and the insured].
The compulsory insurance can be surrendered in the following six cases: the insured motor vehicle is de-registered according to the law; the insured motor vehicle is suspended; the insured motor vehicle is confirmed to be lost by the public security organs; the insured repeats the compulsory insurance; the insured motor vehicle is resold, transferred, or given to a place other than the place where the vehicle is registered; the new car is taken back by the seller due to quality problems or the relevant technical parameters do not comply with the national regulations and the traffic control department does not accept the insurance. The traffic control department does not meet the national regulations of the household.
Commercial insurance
1, vehicle damage insurance:
In motor vehicle insurance, vehicle damage insurance and third-party liability insurance constitute the backbone of its insurance, and in a number of additional insurance with the cooperation of the **** with the insurance customer to provide a variety of risk protection services.
The subject matter of vehicle damage insurance is the body of all kinds of motor vehicles and their parts, equipment and so on. When the insured vehicle suffers from natural disasters or accidents within the scope of insurance liability, resulting in the loss of the insured vehicle itself, the insurer shall pay compensation in accordance with the provisions of the insurance contract.
The insurance liability of vehicle damage insurance includes collision liability, overturning liability and non-collision liability, of which collision refers to the accidental contact between the insured vehicle and external objects, such as vehicles and vehicles, vehicles and buildings, vehicles and poles or trees, vehicles and pedestrians, vehicles and animals and other collisions, all of which belong to the scope of the collision liability; overturning liability refers to the insured vehicle as a result of a natural disaster or accident, resulting in the vehicle overturning, the vehicle body and its parts and equipment, and so on. which causes the vehicle to tip over and the body of the vehicle to touch the ground, so that it loses its normal state and driving ability and cannot resume driving without rescue. Non-collision liability, can be divided into the following categories:
A, the insurance policy lists a variety of natural disasters, such as floods, windstorms, lightning, mudslides, earthquakes and so on.
B, various accidents listed in the insurance policy, such as fire, explosion, the fall of the air running objects.
C. Other accidents, such as capsizing, ice entrapment, accident on the ferry carrying the insured vehicle.
The liability exclusion of motor vehicle damage insurance includes risk exclusion (exclusion of the cause of loss) and loss exclusion (loss not compensated by the insurer). Risk exemption mainly includes:
(1) war, military conflict, terrorist activities, riot, seizure, confiscation, government requisition;
(2) during repair and maintenance in business maintenance places;
(3) using the insured vehicle to engage in unlawful activities;
(4) the use of the insured vehicle by the driver who has consumed alcohol, snorted or injected drugs, or has been anesthetized by drugs vehicle;
(5) hit-and-run of the insured vehicle;
Automobile insurance (2 sheets)
(6) the driver does not have a driver's license or the driver's vehicle does not correspond to the type of vehicle permitted by the driver's license;
(7) the use of the insured vehicle by a person who is not a driver directly permitted by the insured;
(8) the vehicle does not have a valid driving document.
The loss waiver mainly includes natural wear and tear, rust and breakdown, depreciation due to market price changes.
It should be noted that the scope of motor vehicle insurance coverage by the insurance contract, and is not set in stone, such as mainland China in the past will be listed as the basic responsibility of theft, but later it will be listed as an additional responsibility, that is, the insured is not insured will not be able to get the protection of the peril.
Detailed algorithm of insurance amount
(a) According to the purchase price of the insured motor vehicle at the time of insurance.
The purchase price of a new car at the time of insurance is determined on the basis of the market sales price (including vehicle purchase tax) of a new car of the same type for which the insurance contract is concluded at the time of insurance and is set out in the insurance policy, and if there is no market sales price of a new car of the same type, it shall be determined by negotiation between the policyholder and the insurer.
(ii) Determined on the basis of the actual value of the insured motor vehicle at the time of taking out the insurance.
The actual value of the insured motor vehicle at the time of insuring is determined based on the purchase price of the new car at the time of insuring minus the amount of depreciation. Depreciation of the insured motor vehicle is calculated on a monthly basis, and the portion of less than one month is not depreciated. For example, the monthly depreciation rate for buses with less than 9 seats is 0.6%, and the monthly depreciation rate for buses with more than 10 seats is 0.9%, and the maximum depreciation amount does not exceed 80% of the purchase price of the new car of the insured motor vehicle at the time of insuring.
Depreciation amount = new car purchase price at the time of insurance × number of months the insured motor vehicle has been used × monthly depreciation rate
(c) Negotiated within the new car purchase price of the insured motor vehicle at the time of insurance.
Additionally, car damage insurance is a type of insurance with floating rates, and the insurance company will make dynamic adjustments according to the situation of insurance and claims when the car owner renews the insurance policy. For example, an insurance company has set up 12 levels of car insurance rate adjustments, with the highest level being the twelfth level, and its premiums will be adjusted to 200%; and the lowest level being the first level, and its premiums will be adjusted to 50%.
2. Third Party Liability Insurance
Third Party Liability Insurance for motor vehicles is a kind of insurance that covers the risk of claiming damages from third party due to an accident caused by the insured person or the qualified driver allowed by the insured person when he/she is using the insured vehicle. Since the main purpose of third party liability insurance is to safeguard public safety and interests, it is usually made statutory and mandatory in practice.
Motor vehicle third-party liability insurance liability, that is, the insured or its allowed qualified driver in the use of the insured vehicle in the process of accidents, resulting in third-party personal or property damage to the third party direct damage to the amount of compensation payable by the insurer in accordance with the law. In this insurance liability approved, should pay attention to two points:
1, direct damage, in fact, refers to the scene of property damage and personal injury, a variety of indirect losses are not responsible for the scope of the insurer.
2, the insured should pay the amount of compensation in accordance with the law, the insurer in accordance with the provisions of the insurance contract.
The two concepts are different, that is, the insured's compensation amount is not necessarily equal to the insurer's compensation amount, because the insurer's compensation must be deducted from the excluded exclusion of liability or exclusion of loss. For example, the property owned or escrowed by the insured, the insured and his family members of privately owned vehicles and the property owned or escrowed by them, the driver of the car and all the people and property on the car in a traffic accident, is not in the third party liability insurance is responsible for the compensation of the list; intentional acts of the insured, the driver under the influence of alcohol or without a valid driver's license to drive and other acts leading to the loss of the third party liability, the insurer The insurer is also not responsible for compensation.
3, additional insurance
Additional insurance for motor vehicles is an important part of motor vehicle insurance. From China's current motor vehicle insurance terms, there are mainly additional theft insurance, additional spontaneous combustion loss insurance, additional water-related driving loss insurance, additional new equipment loss insurance, additional exclusion insurance, additional driver accidental injury insurance, additional designated repair insurance, etc., and insurance customers can choose to add insurance according to their needs.
4, theft insurance
Theft insurance is responsible for compensation for the insurance vehicle due to theft, robbery, robbery caused by all the losses of the vehicle, as well as during the period due to damage to the vehicle or the car parts, ancillary equipment lost loss caused by the loss, but can not be intentionally damaged.
The difference between the insurance companies to protect the part of the theft insurance
Minan car insurance, Huatai car insurance, Dadi car insurance, PICC car insurance, Ping An car insurance, Pacific car insurance expressly provides for the protection of the "insured motor vehicle is stolen, robbed, robbed, damaged or on-board parts, accessories lost need to repair the reasonable cost", "insured motor vehicle in the process of being robbed, robbed, damaged need to repair reasonable cost", "insured motor vehicle in the process of being robbed, robbed, damaged need to repair the reasonable cost", "insured motor vehicle is robbed, robbed, damaged need to repair the reasonable cost. The company is responsible for compensating the insured for the loss of the insured vehicle during the period of loss of control of the insured vehicle after it has been stolen and robbed, in accordance with the provisions of this contract", Tianping is more stringent in this regard, which is most unfavorable to the insured.
Four, the car personnel
This is clear to everyone, is to insure the car of accidental injury and death, death can not be said, 20000 can not play much of a role in the main accidental injury, that is, the insurance is injured after the medical expenses, before you can arbitrarily insure, insure a few can be, nowadays can not be, either only insure the driver, or the whole insurance, the price is very cheap, the driver insured! 20,000 for less than 80 bucks.
Five, scratch insurance
Scratch insurance that the vehicle scratch insurance, it belongs to the additional insurance in a, mainly as a supplement to the car insurance, can be caused by accidental body scratches to provide effective protection. Scratch insurance for the body paint scratches, if the collision marks are obvious, scratched a mouth, there is a big pit, this is not a scratch, belong to the car damage insurance claims.
Six, glass alone broken insurance
Glass alone broken insurance, that is, the insurance company is responsible for compensation for the insured car insurance in the use of the process, the vehicle itself, the loss of glass alone broken a commercial insurance. Car owners must pay attention to the word "alone", means that the insured vehicle only windshield and window glass (excluding lights, mirror glass) in the event of damage to the insurance company can be compensated. If car owners want to know how much the glass alone broken insurance, you can use the following car insurance calculator to calculate the price, you can also take this opportunity to compare which insurance company car insurance price is more affordable, thus more helpful to the owners to choose the most suitable for their own insurance company to insure.
Spontaneous combustion insurance
Spontaneous combustion insurance is an additional insurance for automobile damage insurance, and you can only insure spontaneous combustion insurance after you have insured automobile damage insurance. In the insurance period, the insurance vehicle in the use of the process, due to the car circuit, line, oil, fuel supply system, goods itself, motor vehicle operation friction fire caused by fire, resulting in the loss of the insurance vehicle, and the insured in the occurrence of the insurance accident, in order to reduce the loss of the insurance vehicle must be spent on reasonable rescue costs, the insurance company will be compensated accordingly.
Eighth, the designated repair shop
is usually what we call the 4S store, insurance on this fixed price
case: a Pusan headlights in the 4S to buy 280, in the spare parts market to sell 80, then insured the 4S store, surely to the fixed 280. If not insured? Will set 180, a compromise between the two, but guarantee you can fix the car, the reason is simple. Good car is better to guarantee on it.
Nine, deductible
Insurance companies are not ah, how much you lose how much compensation, your responsibility to bear the full, do not insure the deductible, your loss of insurance insurance companies are only responsible for 80% of the responsibility, that is to say, loss of 1,000 yuan, only 800 yuan, 20% of the responsibility for their own responsibility, so it's better to be insured on the good. Well, the types of insurance is finished, and then tell you how to insure the most appropriate.