The commercial auto insurance fee has finally been unveiled. Last week, the official website of the China Insurance Regulatory Commission released the “Pilot Work Plan for the Reform of the Commercial Vehicle Insurance Clause Rate Management System†(hereinafter referred to as the “Programâ€), and proposed the timetable and roadmap for the reform of commercial auto insurance to determine Heilongjiang, Shandong, Guangxi, Chongqing, The areas under the jurisdiction of the six insurance regulatory bureaus such as Shaanxi and Qingdao are reform pilot areas. From April 1st, property insurance companies can declare commercial auto insurance clause rates according to the “Proposalâ€. A number of insurance industry insiders said that the fee reform will exceed the expected rate, and the price of the auto insurance will be reduced to a certain extent. The future owners will have greater choice and enjoy more rights. Grinding Balls For Mining,Steel Balls For Ball Mill,Grinding Steel Balls,Ball Mill Grinding Media SHANDONG SHENGYE GRINDING BALL CO., LTD , https://www.sygrindingball.com
The reforms exceeded expectations. The reporter found that as early as March 2012, the China Insurance Regulatory Commission issued the "Notice on Strengthening the Management of Commercial Vehicle Insurance Clauses Rate" and the "Model Clauses for Commercial Vehicle Commercial Insurance" to promote vehicle insurance. reform. The "Plan" made the relevant regulations further refined, and clarified the division of responsibilities and tasks of the relevant units. And the property insurance company is responsible for determining the commercial auto insurance clause and determining the commercial auto insurance rate. The "Proposal" stipulates that property insurance companies may choose to use the model clauses of the commercial auto insurance industry, or they may independently develop innovative clauses for commercial auto insurance. In the independent measurement of the commercial vehicle insurance benchmark surcharge rate, in principle, it should be based on the actual cost level of the company's commercial auto insurance in the last three years; if the commercial vehicle insurance model clause is selected, it can be independently established within the range of -15%-15%. Coefficient and channel factor rate adjustment options.
In this regard, some insiders said that the pace of this fee change is still very large, and the overall expectation is that the insurance company will seek a differentiated development path in the future. "For the property insurance company, in principle, according to the actual cost level of the company's commercial auto insurance in the last three years, the additional expense rate of the company's commercial auto insurance premiums will be measured." Some large companies, such as PICC and Ping An, have significant cost advantages, and small and medium-sized companies are facing Great pressure. Therefore, small and medium-sized companies must change, reduce costs through model innovation, etc., and obtain market through innovations such as products and channels. It is difficult to make simple copying."
Although Sichuan is not in the first batch of pilot auto insurance reform lists, the reporter noted that the pilot work will be divided into three stages: preparation, implementation and promotion. It is reported that in the above six pilot areas, since April 1st, property insurance companies that operate commercial auto insurance business can report the rates of commercial auto insurance clauses to the China Insurance Regulatory Commission. After approval, the property insurance institutions in the pilot areas may use the new commercial auto insurance clause rates to revise and improve the commercial auto insurance reform plan and promote it in a timely manner.
Auto insurance rates are expected to "break 7"
The reporter learned that the minimum allowable discount for commercial auto insurance is 30%, but because the benchmarks adopted are different, the special auto insurance for telephone and online sales can actually be more favorable than the traditional auto insurance. The range can be 15 %Inside. Some industry insiders said that property insurance companies can use both model clauses and innovative clauses. After reporting to the China Insurance Regulatory Commission, they can adjust the coefficient to a greater extent, which will greatly break the auto insurance rate of 30%.
“In the short term, the price of auto insurance will be 'diving' overall, but when will it start, how long it will last, and how big it will be. He thinks it’s not a good estimate,†said an insurance industry insider, as the reform rules of the current regulatory authorities have not yet been introduced. . However, it can be made clear that after the auto insurance pricing is marketized, regardless of the size, all insurance companies want to seize the market, especially for small companies. The decline may be unprecedented. "The discount is as low as 6.5 fold, 50% off, even two or three. Folding is not impossible. However, Mr. Yi also said that after the price has been lowered for a period of time, it is estimated that it will rise steadily."
However, some insiders also said that the profit margin of auto insurance is not as much as speculation. “The price of auto insurance is lowered by 5%~10%. If the reduction is too large, the insurance company will face a loss. May and May are The insurance companies report the insurance clauses to the Insurance Regulatory Bureau. It is estimated that the auto insurance prices will start to adjust around June. For larger insurance companies, the price cuts may be around 5%-8%, while small companies may control 5%. Within."
In addition, since the benchmark rates of the insurance authorities to the insurance companies are the same, the difference in discounts will not be too large. For the vast number of consumers, no matter which insurance company is selected, it is “almostâ€. . However, the industry has said that with the continuous advancement of the pilot, consumers in the future will have more choices in choosing auto insurance. "In the future, insurance pricing will become more and more detailed." Some insiders told reporters that some insurance companies are now cooperating with Internet companies in car networking, which may change the current situation of low-risk customers disguised to subsidize high-risk customers. "Insurance pricing is not only Models, driving habits, etc. are closely related. The owner's premium may also depend on factors such as mileage, actual driving time, location, etc. For example, there may be similar terms such as 'no need to pay premiums when the car is not driving in the rainy days'."
· The new version of the auto insurance program started the pilot provincial and municipal rates today or "breaking 7"