Saturday, October 31, 2015

Auto Insurance

Auto Insurance

https://www.blogger.com/blogger.g?blogID=4432143467395771763#editor/target=post;postID=2113341134085056434
 Strategic planning and investment analysis report Prospects" The data show that as of the end of 2011, the national fleet of 225 million vehicles, including private car ownership 78,720,000, an increase of 20.4 percent, civilian cars 49.62 million, an increase of 23.2%, of which 43.22 million private cars, an increase of 25.5%.
Due to the surge in the number of cars, as opposed to auto insurance market is also showing a rapid development trend. 2001 was 42.17 billion yuan of insurance premiums, auto insurance industry for the first time to turn around. By 2011, the domestic insurance premium income reached 350.4 billion yuan, an increase of 16.66%.

Auto Insurance - Origin Development

(A) the origin of auto insurance ?
Foreign auto insurance originated in the late 19th century. At that time, with the emergence and development of cars in some European countries, injuries and property damage caused by accidents due to traffic accidents increases. Although countries have taken a number of regulatory approaches and measures, the use of cars is still on people's lives and property posed a serious threat. Thus causing some concern for the insurer savvy car insurance. ?
In November 1896, by the British Scottish Employers Insurance Company issued an insurance policy information list, published to celebrate the "1896 Road Motor Vehicles Act," the pass, but held on November 14 in London to Brighton large-scale car race news. In this Insurance Intelligence, also published the "car insurance annum." ?
The earliest development of auto insurance business is the UK's "Law Accident Insurance Co., Ltd.", in 1898 the company launched the first motor vehicle third party liability insurance, and additional car fire.
By 1901, insurance companies offer auto insurance, has taken with the conditions of modern comprehensive liability insurance, the insurance liability is also extended to the car theft.

Car Insurance

Car Insurance

https://www.blogger.com/blogger.g?blogID=4432143467395771763#editor/target=post;postID=2561671252386348725
Car insurance, namely motor vehicle insurance, auto insurance for short, refers to personal injury or property damage due to natural disasters or motor vehicle accidents caused by negative liability of a commercial insurance. Car insurance is a kind of property insurance, it is accompanied by the emergence and popularity of car and continue to mature.
Currently, in addition to the national mandatory to pay high insurance vehicle owners must purchase, other motor insurance is divided into two categories. These two types of insurance contains a total of two basic types of insurance: one is the basic insurance, including loss of vehicle third party liability insurance and accident insurance, and the other is additional insurance voluntary insurance of vehicle owners, including the entire vehicle pilfer, car liability insurance, glass breakage alone insurance, spontaneous loss of insurance, special insurance and other non-deductible insurance.
Insurance basic function is to organize and implement economic compensation insurance payments, the basic functions of motor vehicle insurance also. The risks by motor vehicle insurance, motor vehicles will have businesses, families and individuals facing the consequences of their loss to disperse and shift in the whole society.
In 2009, with the rapid development of China's automobile industry, China's automobile production and sales for three consecutive years ranked first in the world by the end of  becoming the second largest American world car ownership in the country.