【The owner's family car knowledge】Compulsory traffic insurance, a type of insurance that car owners must know, because it is mandatory for every car owner to purchase insurance. Is it right that you can't go on the road without buying this insurance? What is its role? Let's interpret the compulsory traffic insurance one by one and understand this "Overlord" insurance type.
● What is compulsory traffic insurance?
The full name of compulsory traffic insurance is "motor vehicle traffic accident liability compulsory insurance". It is the first compulsory insurance system implemented by national laws. According to the "Regulations on Compulsory Motor Vehicle Traffic Accident Liability Insurance": Compulsory traffic insurance is the responsibility of the insurance company for the personal injury and property loss of the victim (excl
【The owner's family car knowledge】Compulsory traffic insurance, a type of insurance that car owners must know, because it is mandatory for every car owner to purchase insurance. Is it right that you can't go on the road without buying this insurance? What is its role? Let's interpret the compulsory traffic insurance one by one and understand this "Overlord" insurance type.
● What is compulsory traffic insurance?
The full name of compulsory traffic insurance is "motor vehicle traffic accident liability compulsory insurance". It is the first compulsory insurance system implemented by national laws. According to the "Regulations on Compulsory Motor Vehicle Traffic Accident Liability Insurance": Compulsory traffic insurance is the responsibility of the insurance company for the personal injury and property loss of the victim (excluding the vehicle personnel and the insured) caused by the road traffic accident of the insured motor vehicle. Compulsory liability insurance that compensates within the limit.
● Consequences of not paying compulsory traffic insurance
If you do not pay compulsory traffic insurance, the traffic management department of the public security organ has the right to detain the vehicle and impose a fine of twice the insurance premium. It is clear that this compulsory traffic insurance is mandatory and must be paid. This is to discuss the issue of why the insurance premium must be compulsorily paid? This should start from the role of compulsory insurance.
With the increasing number of domestic cars, traffic accidents are frequent, but many responsible persons are unable to compensate the victims for their losses, causing irreparable difficulties in life for the victims and their families. If there is the intervention of compulsory traffic insurance, when the responsible party is unable to compensate, the insurance company can help the victim and the family alleviate the difficulties caused by the traffic accident.
● Sign of compulsory traffic insurance
There is a sign for compulsory traffic insurance, which indicates the compulsory traffic insurance for that year, as shown in the picture above. The owner only needs to stick it on the front windshield, and it is customary to stick it on the upper right corner of the front windshield.
However, when I was looking for materials under the company, I found that 4 of the 5 vehicles did not have the compulsory insurance sign. I don't know if the owner did not pay the compulsory insurance or did not post it. What will be the consequences if the vehicle is not posted?
Failure to affix this sign is deemed to have not paid the compulsory traffic insurance. If the relevant certificate cannot be produced immediately, the vehicle will be detained by the traffic police. If it is lost, the procedure will be troublesome. If you have paid the compulsory traffic insurance, I advise you to post it honestly on the front glass to avoid unnecessary trouble.
● Compulsory compulsory insurance rate, how much is compulsory compulsory insurance
The basic rates of compulsory traffic insurance are divided into 42 types. The insurance rates of the eight categories of family vehicles, non-business passenger cars, commercial buses, non-business trucks, commercial trucks, special vehicles, motorcycles and tractors are different. For the same model, the national price will be uniform. The following is an explanation of only the family car:
According to the latest charging standards, family cars with less than 6 seats now have to pay 950 yuan/year, and those with more than 6 seats have to pay 1100 yuan/year. Family cars with less than 6 seats are 100 yuan lower than before the adjustment, which slightly reduces the burden on car owners.
● Calculation method of compulsory traffic insurance
The cost of compulsory traffic insurance is variable (except for the first year), but it depends on the performance of the car owner. Its calculation formula is as follows:
Final premium = basic premium × (1 + floating rate related to road traffic accidents) × (1 + floating rate related to traffic safety violations A)
According to the specifications, the float rate can only be reduced by 30% at the minimum. That is to say, the owner of the car can drive safely for 3 consecutive years without any risk, then his float rate can be reduced by 30%; and the float rate can also rise by 30% at most. Through these reward and punishment measures, there is still a certain effect on reducing the occurrence of traffic accidents.
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