Can the insured car insurance be refunded, under what circumstances can it be refunded, and how to g

Motor vehicle insurance, also known as "car insurance", is a kind of transportation insurance that takes the motor vehicle itself and its third-party liability as the insurance mark. Its insurance customers are mainly corporate bodies and individuals with various motor vehicles; The subject matter of its insurance is mainly various types of automobiles, but it also includes special vehicles such as trams and battery cars, as well as motorcycles.

Motor vehicles refer to automobiles, trams, battery cars, motorcycles, tractors, various special mechanical vehicles, and special vehicles.

The car insurance policy is eligible and can be refunded.

In general, a surrendered vehicle should meet two conditions:

First of all, the car insurance policy must be in force.

Secondly, during the validity period of the policy, the insured vehicle has not been reported to the insurance company or made a claim, and the vehicle that has received compensation from the insurance company cannot be surrendered; Even vehicles that have only been reported to the insurance company and have not been compensated cannot be surrendered.

Refund Insurance Process:

The car owner needs to submit a surrender application to the insurance company, stating the reason for surrender and when the surrender will begin, and sign or affix the official seal.

After review, the insurance company will issue an endorsement indicating the surrender time and the surrender amount, and withdraw the policy.

Only then can the vehicle owner claim the refundable premium with the surrender endorsement and identity card.

The compulsory traffic insurance cannot be refunded, unless the target car is completely destroyed. Commercial insurance can be surrendered unconditionally, and no money will be deducted if the policy is not in force. Bring the insurance policy, invoice, ID card, and bank card to the insurance company, and the insurance company's address is below the policy.

If the commercial insurance is not insured by the same insurance company, it will be more troublesome for both parties in case it happens.

No need to bother! It's OK to change the policy at the end of the term! If you return it, you will report it again, and increase the handling fee in vain.

Compulsory liability insurance cannot be refunded without a valid reason (such as transfer, scrapping).

Commercial insurance is refundable.

There is no handling fee.

However, without a valid reason (such as transfer, scrapping), they will not agree to let you surrender the policy casually.

It's not something you can agree to just ask.

Commercial insurance surrender.

If the policyholder requests to terminate the insurance contract before the commencement of the insurance liability, it shall pay the insurer a surrender fee of 5% of the insurance premium payable, and the insurer shall refund the insurance premium.

If the policyholder requests to terminate this insurance contract after the commencement of insurance liability, this insurance contract shall be terminated from the date of notification to the insurer. The insurer collects the premium at a short-term monthly rate for the period from the date of commencement of the insurance liability to the date of termination of the contract, and refunds the remaining part of the premium.

There are also companies that do not enforce short-term rates, but refund the remaining amount after calculating the premium on a daily basis on average.

Car insurance can also be refunded.

The car insurance you bought must be within the insurance period and you have not been insured. If the car insurance is not within the insurance period, or it has been insured, there is no way to get it back.

And it is best to choose to surrender the policy during the cooling-off period. Because the policy is surrendered during the cooling-off period, the insurance company can refund all the premiums paid without causing any financial loss; However, if you surrender the policy after the cooling-off period, you need to bear a certain loss.

The surrender process is not complicated, just bring your ID card and the original policy to the insurance company's business department to apply. After filling out the application form at the counter, submit the application form and related documents to the insurance company for review. After the review is passed, the insurance company will naturally refund the refundable premium.

Compulsory liability insurance can be surrendered between the following three situations:

1. The insured car is deregistered;

2. The insured car is suspended;

3. The insured car is confirmed to be lost.

Car insurance is refundable. As long as the car insurance you purchased is still within the insurance period and has not yet been out of insurance, you can apply to the insurance company for surrender, and directly bring your ID card and original policy to the insurance company's business department to go through the surrender procedures.

Extended Information: Vehicle insurance, i.e. motor vehicle insurance, referred to as car insurance, is also known as car demolition insurance. It refers to a kind of commercial insurance that is liable for personal ** or property damage caused by natural disasters or accidents of motor vehicles.

Car insurance is a kind of property insurance, in the field of property insurance, car insurance belongs to a relatively young type of insurance, which is due to the emergence and popularization of car insurance is born and developed with the emergence and popularization of automobiles. At the same time, unlike modern motor vehicle insurance, in the initial stage of automobile insurance, the third party liability insurance of the car is the main insurance, and gradually extends to the risk of collision damage of the car body.

1. What is the vehicle insurance surrender process?

2. Bring the prepared surrender materials and go to the designated outlet at the appointed time;

3. Handle the surrender procedures with the help of the staff of the insurance company;

4. The insurance company will review the surrender application;

5. After passing the review, the premium will be refunded according to the provisions of the insurance contract.

2. How much money can be refunded when the car insurance is surrendered.

First of all, we need to make it clear that when the car insurance is surrendered, the compulsory traffic insurance and vehicle and vessel tax cannot be refunded (except for illegal operations).

Secondly, the vehicle's insurance policy must be within its validity period. During the validity period of the insurance policy, if the vehicle has not been reported to the insurance company or has made a claim, the vehicle that has received compensation from the insurance company cannot be surrendered; Vehicles that have only been reported to the insurance company and have not been compensated cannot be surrendered.

Commercial insurance of the car can be refunded unless the vehicle is scrapped or other reasons, and if the surrender of commercial insurance is surrendered after the start of the policy, the cost needs to be calculated and deducted on a daily basis, and if the insurance has not started, a handling fee of 5% will be charged.

Car insurance purchased can be refunded, subject to certain conditions:

1. Commercial Auto Insurance Surrender:

1.If the commercial auto insurance is surrendered before it is in force, the insurance company will refund the premium paid, but still need to deduct a 3% handling fee;

2.If the commercial auto insurance is surrendered after it takes effect, the insurance company can collect the premium at the daily rate (calculated on a daily basis) from the date of commencement of insurance liability to the date of termination of the insurance contract, and then refund the remaining premium;

3.If a claim occurs during the coverage period of commercial auto insurance, resulting in the termination of the corresponding commercial auto insurance contract, the insurance cannot be refunded. For example, if during the coverage period of the vehicle damage insurance, the vehicle is scrapped and the vehicle is damaged, the rental damage insurance has an accident, and the coverage of the vehicle damage insurance terminates after the claim has completed all the insured amounts, which means that the vehicle damage insurance cannot be refunded in the current policy year;

4.When commercial auto insurance is surrendered, the actual refund amount is generally deducted from the premium corresponding to the discount at the time of purchase and the actual time of coverage.

2. Surrender of compulsory traffic insurance:

1.Only those who meet one of the conditions for the cancellation of registration of the insured motor vehicle in accordance with the law, the parking of the insured motor vehicle and the early departure, and the loss or duplicate insurance of the insured motor vehicle confirmed by the public security organ can go through the compulsory insurance surrender procedures;

2.Compulsory insurance surrender, the insurance company collects the remaining fee at the daily rate from the date of commencement of insurance liability to the date of termination of the insurance contract.