Is the price increase of auto insurance true?
Previously, the CBRC adjusted the auto insurance, requiring the overall cost of auto insurance to remain unchanged, but the scope of insurance services and coverage needs to be improved, and some adjustments have been made to the preferential rates of unpaid consumers. After this series of adjustments, the CBRC also counted the relevant premiums. After the adjustment, the premiums paid by consumers decreased by more than 600 yuan on average, which was 20% lower than that before the adjustment. In this case, car insurance has not increased, but decreased.
I didn't apply for insurance. How did the auto insurance go up?
However, many consumers report that the auto insurance premium has not dropped at all, but has increased by several hundred yuan. Some car owners did not take out insurance last year, but bought auto insurance this time and found that the cost was several hundred yuan higher than the previous year. According to the previous situation, there was no car insurance last year, and buying auto insurance next year can be much more favorable. In fact, this is because the discount of commercial insurance and other types of insurance is less than in previous years, which will lead to a lot of increase in the premium for buying auto insurance this time. Moreover, this auto insurance reform has reduced the profits of insurance companies, and the company's profits have decreased, so there are not as many concessions and some subsidies as before.
The auto insurance reform has reduced the premium. Although insurance companies have reduced their profits by reducing preferential margins and preferential subsidies, the competition in the insurance industry is so great that it is difficult to attract customers. Therefore, I believe that insurance companies will gradually introduce some preferential policies in order to occupy market share and attract more consumers in the later period.