1
what’s the use?
to pay high insurance is the insured vehicle is involved in a road traffic accident caused by the victim (not including this vehicle personnel and insured) personal injury, while property damage, be compensated within the liability limit mandatory liability insurance.
2
Cost Calculation
premiums
to pay high insurance premiums by the provisions of national unity, different models different rates, the implementation of uniform national prices for the same models. The main factor is the number of vehicle seats.
to pay high insurance costs are variable, mainly related to the number of traffic accidents and violations.
= premium pay high insurance premiums based × (1+ road traffic accidents associated with floating rate) × (1+ and traffic safety violations linked floating rate) algorithm claims 2
( a) are responsible for the traffic accident:
death and disability compensation limit of 110,000 yuan.
medical expenses compensation limit of 10,000 yuan.
property loss compensation limit is 2000 yuan.
(b) at the time of the accident no liability:
no liability for death and disability compensation limit of 11,000 yuan.
No responsibility medical expenses compensation limit of 1,000 yuan.
without liability property loss of 100 yuan.
3
You know what?
· pay high insurance is China’s first imposed by the national law compulsory insurance system.
· Traffic Insurance enforcement is a necessity, it can make the vehicle road traffic accident victims compensation guaranteed to promote road safety.
· If you do not pay to pay high insurance on the road, so the traffic control department have the right to detain vehicles, and impose a fine of twice the premium to be paid.
* is not strong insurance deductible and the franchise.
· When claims, involves property damage, property damage refers to the occurrence of the insured motor vehicle road traffic accidents, a direct result of the actual scene of the accident victims existing damage to property.
· pay high insurance mandatory, in preference to commercial insurance, priority to pay high insurance compensation when the accident occurred, the excess supplementary compensation by commercial insurance.
· Traffic Insurance for the loss of traffic caused by the victim deliberately caused indirect losses of accident victims, as well as arbitration or litigation costs and other related expenses are not responsible for damages and advances.
4
Further reading
for 12 years on September 17, the Supreme Court by the “interpretation on the trial of road Traffic accident compensation cases Application of laws,” which provides pay compulsory insurance for driving without a license, drunk driving, drug driving, the insured motor vehicle accident during the robbery, the insured deliberately creating traffic accidents, insurance according to the company responsible for the insured to advance within the stipulated sum insured. Again responsible for recovery of loss.
In order to further boost the motor vehicleFast processing of traffic accidents and ease traffic congestion, Beijing Insurance Regulatory Bureau and the Beijing Municipal Traffic Management Bureau announced the decision to be in 16 years starting December 28 to pay high insurance and commercial auto pilot e-policy in the Beijing area, which means Beijing will be fully launched pilot electronic motor vehicle insurance policy, insurance policy and paper bid farewell Traffic Insurance sign. But the region still has not implemented no need to paste the front windshield of the cross-strong insurance sign, otherwise they will be liable to a warning or two hundred yuan more than 200,000 yuan fine, a record 1 minute.