Generally speaking, there is no risk in the first year of commercial insurance, and there is a 30% discount when purchasing in the second year. All commercial insurances are the same.

1. Regarding compulsory traffic insurance, if there is no accident in the first year, there will be a 10% discount in the second year. But if there is an accident in the first year, there will be no discount in the second year. If there are more than two accidents (including two), the increase will be 10%. If a responsible road traffic fatal accident occurred in the previous year, the price of compulsory traffic insurance will increase by 30% when renewing the policy in the second year.

2. If there was one accident in the previous year and the insurance company compensated more than 80% of the commercial insurance premium paid in the previous year, or if there were two accidents in the previous year, The total cost of compensation from the insurance company is more than 80% of the commercial insurance cost of the previous year. When purchasing insurance again, the maximum discount will be 20%, and this will accumulate in sequence.

3. For commercial insurance, many insurance companies stipulate that the premium for a car mainly depends on the rate coefficient of the car insurance, and the coefficient depends entirely on the car’s policy year. The accident situation and compensation amount. Therefore, in order to obtain a more favorable discount for the second year of commercial insurance, it is most important to maintain safe driving in the previous policy year.

Extended information:

Purchase Precautions

1. Do not apply for duplicate insurance

Car owners should avoid duplication when purchasing car insurance When it comes to insurance, some car owners may think that they are more likely to be in danger in a certain aspect, so they take out this type of insurance repeatedly, thinking that they can get repeated compensation. In fact, this idea is wrong. Even if the car owner purchases the same insurance twice, he will not receive excess compensation when it comes to compensation issues.

2. Don’t over-insure or under-insure

Some car owners obviously have a car worth 100,000 yuan, but they have insured for 150,000 yuan, thinking that they can pay more compensation if they spend more money. . Some cars are worth 200,000 yuan but are insured for 100,000 yuan. Neither type of insurance can provide effective protection. According to Article 39 of the Insurance Law: "The insured amount shall not exceed the insured value. If it exceeds the insured value, the excess shall be invalid.

If the insured amount is lower than the insured value, unless otherwise agreed in the contract, , the insurer shall be liable for compensation in proportion to the insured amount and the insured value. "So no additional benefits can be obtained from over-insurance or under-insurance."

3. Insurance must be maintained

In order to save premiums, some car owners want to insure several types of insurance, or only insure car damage insurance but not third-party liability insurance, or only insure Main insurance, no additional insurance, etc. In fact, each type of insurance has its own insurance liability. If the vehicle is really involved in an accident, the insurance company can only assume the insurance liability and pay compensation based on the original insurance contract, but the car owner may not be compensated for other losses.

4. Timely renewal

Some car owners are unable to renew their insurance in time after the expiration of the insurance contract, but there are unforeseen circumstances. If the vehicle has an accident in the past few days, Isn't it too late to regret?

5. Review the insurance document carefully

When you receive the insurance document, be sure to check it carefully to see whether the third page of the document is printed on white carbonless copy paper It is also printed with a light brown anti-counterfeiting background, and the words "Produced by the China Insurance Regulatory Commission" are printed in the upper left corner, and the words "Limited to sales in ×× provinces (municipalities, autonomous regions)" are printed in the upper right corner. If not, you can refuse to sign the order. .

6. Pay attention to verifying the authenticity of the agent

When applying for insurance, you must choose an insurance agency affiliated with a state-approved insurance company. You cannot just find an insurance agency to apply for insurance just to save trouble, let alone Seduced by the so-called "high returns" and only looking for small profits, they were deceived by fake agents.

7. Check the policy

After completing the insurance procedures and getting the original policy, you must promptly check the items listed on the policy, such as the license plate number, engine number, etc. If there are any errors or omissions, report them immediately Submit a correction.

8. Carry your insurance card with you

The insurance card should be carried with you.

Remember the insurance expiration date and renew it in advance.

9. Be careful not to use "fraudulent compensation" tactics

There are a very small number of people who always want to regard insurance as a shortcut to making a fortune. For example, some people get out of danger first and then buy insurance. Creating accidents, and sometimes forging, altering, or adding invoices and certificates for car repairs, medical treatment, etc., all fall within the scope of fraudulent compensation and are violations of the law. Therefore, car owners must not be "clever" when it comes to these issues.

10. The definition of third parties in auto insurance should exclude family members.

There is such a provision in the insurance company’s exclusions: “bodily casualties of the insured or his permitted drivers and their family members, and damage to property owned or in custody”, if a car accident occurs The driver and his family members and the insured’s family members are not included in the scope of third parties.

The provisions of automobile insurance are to prevent the insured from intentionally injuring family members in order to obtain insurance benefits.

Reference: Car insurance without insurance for one year - Pacific Insurance