In 2017, China's production and sales of new energy vehicles reached 794,000 and 777,000, respectively, up 53.8% and 53.3% year-on-year. Experts predict that the sales of new energy vehicles will reach 1 million this year. With the rapid development of the new energy vehicle industry, higher requirements for exclusive insurance services have been put forward.
"The traditional fuel automobile insurance business has been increasingly unable to meet the differentiated needs of consumers of new energy vehicles." The person in charge of the China Banking and Insurance Regulatory Commission said that in the face of the huge development potential of the new energy automobile market, as an important part of the automobile aftermarket, the new energy automobile insurance market will also be driven.
Market needs to be standardized
"Cars are cheaper, but car insurance is relatively expensive." Many new energy owners say that when buying new energy vehicles, the actual purchase price of new vehicles is often much cheaper than the manufacturer's guidance price because of state and local policy subsidies. However, when consumers are insured for commercial vehicle insurance, the insured amount should be calculated according to the price before vehicle subsidy. For example, the official guideline price for a new energy vehicle is about 150,000 yuan. After subtracting the policy subsidy and the manufacturer's preference, consumers can buy it for about 60,000 yuan. However, when the vehicle is insured, the vehicle insurance price is calculated according to the official guidance price before the vehicle subsidy. Tianjin car renting
Not only that, the traditional fuel vehicles in the next year renewal of insurance, car damage insurance compared to the previous year about 10% of the loss, but many new energy owners in the second year renewal of insurance found that the amount has not changed at all. Even if the vehicle's first year's insurance is purchased at the pre subsidy price, it will be exactly the same in second years.
Reporters learned that at present, large insurance companies have not yet launched products designed for new energy vehicles. That is to say, new energy vehicles and traditional fuel vehicles in the types of insurance, basic premium, rates are still consistent. In this regard, many property insurance companies said that when the new energy vehicles appeared, due to the lack of relevant claims data and underwriting experience, insurance companies generally adopted a more cautious attitude in terms of vehicle damage, rate setting, risk management and control.
Similarly, some market analysts believe that, on the one hand, the current volume of new energy vehicles is relatively small, the lack of large data support, leading to insurance companies can only be based on fuel vehicle measurement standards, relatively conservative coefficient level standards for new energy vehicles; on the other hand, new energy vehicles in the commercial insurance fees, renewal link There are still non-standard operations and urgent need for regulation and change.
Li Kaiguo, chairman of China Automobile Engineering Research Institute, believes that with the rapid development of new energy vehicles, automobile enterprises and consumers have put forward higher requirements for new energy vehicle insurance services. Insurance companies should meet the new market demand in terms of premium, rates, and claims for new energy vehicles.
Exclusive clauses Asymptotically
At the "New Energy Automobile Insurance Development Exchange" sponsored by the China Insurance Association at the end of last year, Zhu Jinyuan, president of the China Insurance Association, said that the insurance association would launch professional research on the formulation of exclusive clauses, risk pricing and claims settlement techniques for new energy automobile insurance, and increase the supply of insurance products to meet the needs of the market. Consumers' diversified insurance needs.
It is noteworthy that with the deepening of the reform of commercial vehicle insurance rate, it also creates a mature environment for new energy vehicle insurance. It is learnt that since the reform of commercial vehicle insurance, the insurance industry association has formulated and promulgated a number of industry demonstration clauses, including the "Motor Vehicle Comprehensive Commercial Insurance Demonstration Clause", "Motor Vehicle Loss Insurance Demonstration Clause (Comprehensive)", "Motor Vehicle Exit Comprehensive Commercial Insurance Demonstration Clause", "Motor Vehicle Third Party Liability Insurance Legal Holiday" The demonstration clause of doubling the daily quota has basically established a demonstration clause system covering different safeguard needs and special market demands. The evaluation mechanism of innovative clauses runs smoothly, and the formation mechanism of automobile insurance clauses has become mature. This has laid a foundation for the formulation of new energy automobile insurance demonstration clauses.
At the same time, the reform of commercial vehicle insurance has changed the pricing model of vehicle damage insurance from the traditional insurance pricing model to the more popular pricing model in the world, that is, setting higher rates for cars with low safety and high zero-to-whole ratio. "Based on the model of vehicle pricing, combined with the vehicle structure and risk characteristics of new energy vehicles to carry out research, help to form a new energy vehicle exclusive rate clause." Industry analysts said.
It is reported that the regulatory authorities recently held a seminar on the exclusive clauses of new energy automobile insurance, to analyze the market demand for commercial automobile insurance demonstration clauses, focusing on the exclusive clauses of new energy automobile insurance, automobile extended insurance clauses and other content.
For insurance companies, "facing the fierce competition in the traditional automobile insurance market, new energy automobile insurance is an opportunity, especially for small and medium-sized insurance companies. If insurance companies can seize the opportunity to provide personalized products and services in the market segmentation, there will be a lot of gains. Wu Baojun, President of Zhongcheng insurance company, said.
At present, the insurance industry is fully upgrading the risk management and risk protection capabilities of new energy vehicles, new energy vehicle insurance is ready to start.