China's auto insurance system is far from perfect, so the auto insurance within an enterprise cannot fully reflect the compensation and guarantee functions of insurance. But for China's property insurance companies, auto insurance underwriting business is one of the main sources of business and must be improved and reformed. Therefore, when a company delays payment, … [Read more...]
Problems in the process of claiming compensation for auto insurance personal injury cases
In 2017, the personal injury claims department of a property insurance company's claims center had six investigators, who were mainly responsible for on-site investigation and follow-up claims of personal injury cases in the suburbs of the county; two people were injured in the nuclear accident. Responsible for the determination of damages in the claim center for personal … [Read more...]
Injury claims of auto insurance people in a claims center of a property insurance company
Overview of compensation for car insurance personal injury cases In 2015, a property insurance company insured 3976 auto insurance cases; in 2016, traffic accidents were 4025; in 2017, the number of auto accidents was 4,418 (from a property insurance data, consistent with the internal statistics of the insurance company's claims center). The total number of auto insurance … [Read more...]
Major changes in the model clauses The contents of the auto insurance reform clauses have changed a lot. The author mainly describes the most controversial parts in recent years.
Determination of the amount of insurance. The method for confirming motor vehicle loss insurance is determined by the original "purchase price of the insured motor vehicle at the time of insurance application, the actual value of the insured motor vehicle at the time of insurance application, and the negotiation and determination of the new vehicle purchase price of the insured … [Read more...]
Overview of China’s Auto Insurance Development
Current status of China's auto insurance development. At present, China's automobile insurance, or motor vehicle insurance, has developed into a standard means of transport insurance, with the motor vehicle itself and its third party liability as the insurance mark. Individuals as insurance customers, with various types of cars as the subject of insurance, in addition to … [Read more...]