What is the difference between compulsory liability insurance and commercial third party insurance?

1. The mandatory nature of the two is different. The three-liability insurance is not mandatory, and is essentially a commercial insurance established in accordance with the commercial insurance system. For car owners and insurers, more attention is paid to the diversification of risks and the acquisition of insurance benefits, and whether to insure is the result of consensus between the two parties; Compulsory liability insurance is mandatory, similar to social insurance.

Pay more attention to the timely protection of the interests of third parties. All car owners are forced to take out insurance, and insurance companies must underwrite and cannot refuse insurance. 2. Different compensation principles.

3. Liability insurance is to determine the liability of the insurer according to the fault liability. The specific compensation method is specified in the insurance contract, and the compensation does not distinguish between personal injury or material damage, and shall be carried out in accordance with the contract. How much compensation does the insurer pay based on the accident liability assumed by the insured in the accident?

The liability of the compulsory traffic insurance insurer is determined in accordance with the principle of no fault, not in accordance with the insurance contract, but in accordance with the law and specific provisions of the Regulations on Compulsory Insurance of Motor Vehicle Traffic Accident Liability within the liability limit. 3. Different scope of compensation. The "three liability insurance" has made many exemptions for the scope of compensation, including different liability exemptions and deductible odds, while the "compulsory traffic insurance" covers almost all traffic accidents except for intentional accidents, and there is no provision for free odds.

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1) Different liability limits: The commercial three-party insurance of insurance companies has different levels of liability limits such as 50,000, 100,000, 150,000, 200,000, 300,000, 500,000, 1 million and more than 1 million not exceeding 10 million yuan, and the liability limit of compulsory traffic insurance is set at 122,000 yuan nationwide.

2) The principle of compensation is different: the commercial third-party insurance adopts the principle of fault liability, that is, according to the causal relationship between the party's violation and the traffic accident, as well as the role of the violation in the traffic accident, the party's traffic accident liability and compensation liability are determined, while the compulsory traffic insurance adopts the principle of "no-fault liability", that is, as long as a road traffic accident occurs and causes losses to the other party, regardless of whether the accident party is at fault or not, it must bear the liability for compensation.

3) The scope of compensation is different: the insurance liability of compulsory traffic insurance covers road traffic risks extensively, and there is no deductible and deductible, while commercial third-party insurance has liability exemptions and deductibles (amount), and the compensation amount is determined according to the accident liability borne by the insured in the traffic accident.

4) Compulsory traffic insurance is compulsory insurance, which has a certain degree of compulsion from the formulation of terms, the determination of rates, to insurance and underwriting. In commercial third-party insurance, the insurance contract is voluntarily signed by both the policyholder and the insurer.

1. The difference between compulsory traffic insurance and commercial insurance.

1. Legal status.

Compulsory traffic insurance is compulsory insurance, motor vehicles must be insured on the road, and new car listings and old cars must provide compulsory traffic insurance policies.

Commercial third-party insurance is a kind of commercial insurance, and the policyholder chooses whether to apply for insurance according to his own choice.

2. Limitation of Liability.

Compulsory traffic insurance is a fixed amount insurance, and the compensation limit is 10,000 yuan. Commercial third-party insurance is an indefinite insurance, and the policyholder chooses the liability limit independently.

3. Insurance liability.

Compulsory traffic insurance determines the compensation limit based on whether the vehicle is liable in a traffic accident. The compensation ratio is determined according to the proportion of the vehicle's liability in the traffic accident, and the compensation of the three insurance is the part of the compensation that exceeds the liability limit of the compulsory traffic insurance.

4. Legal basis for litigation.

The party who suffers from the traffic accident can directly sue the insurance company of the compulsory traffic insurance to claim compensation within the liability limit. The three-party insurance is a commercial contract, and it is generally not possible to sue the insurance company directly unless the insurance company deliberately does not compensate.

2. Insurance Options.

In general, it is recommended to choose to insure commercial third-party insurance after insuring compulsory traffic insurance, with a limit of not less than 200,000 yuan, and the premium is at the level of more than 1,200 yuan.

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The difference between the two is: one. Compulsory liability insurance is a statutory insurance requirement to be insured.

Otherwise, you can't get on the road. Third party liability insurance is commercial insurance, which may or may not be insured. It depends on individual needs.

Two. When making accident claims, the principle of first and then three is implemented. Only in the compulsory traffic insurance limit (death and disability limit is 110,000.

The medical expenses are 10,000 yuan. The property loss is 2,000 yuan) when the compensation is not enough, the third-party insurance will be used to supplement the compensation. Three.

Compulsory liability insurance pays out regardless of the size of the liability, as long as you are responsible. The compensation will be paid according to the actual loss of the other party, as long as it does not exceed the limit. When the third-party insurance is paid, the remaining part is paid according to the proportion of the liability you bear after deducting the cost of the compulsory traffic insurance.

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The common point between compulsory traffic insurance and commercial third-party liability insurance: although the specific insurance liability provisions are different, both of them protect the losses to the insured when an accident occurs during the use of the insured vehicle, resulting in personal or property damage to the third party. The main differences between compulsory liability insurance and commercial third-party liability insurance (hereinafter referred to as commercial insurance) are as follows:

1: Compulsory traffic insurance is compulsory by the state; Whereas, commercial insurance is voluntary. Therefore, you must purchase compulsory liability insurance, even if you have commercial insurance.

2: Compulsory traffic insurance has a wide range of protection and a low insurance amount; Commercial insurance has a relatively narrow coverage and a high sum insured. In terms of coverage:

In the event of an insured accident, the compulsory traffic insurance not only bears the liability for damages that should be borne by the insured in accordance with the law when the insured is liable, but also bears the corresponding liability for damages when the insured is not liable; In commercial third-party liability insurance, the insurer is not liable for compensation in the event that the Morisan insured is not liable (or not at fault). In addition, there are many situations in which the insurer will not be liable for compensation under the "Exclusion of Liability" clause of the commercial third party liability insurance clause, which you can read for yourself. In addition, there are some additional types of commercial insurance, such as vehicle personnel liability insurance and other insurance amounts

The compulsory traffic insurance contract stipulates that it is responsible for compensation for each accident within the compensation limit

1) The compensation limit for death and disability is 50,000 yuan.

2) The compensation limit for medical expenses is 8,000 yuan.

3) The compensation limit for property damage is 2021 yuan.

4) When the insured is not liable, the compensation limit for non-liability death is 10,000 yuan, the compensation limit for medical expenses without liability is 1,600 yuan, and the compensation limit for property damage is 400 yuan. The compensation limit of commercial third-party liability insurance can be selected by the insured among 50,000, 100,000, 150,000, 200,000, 300,000, 500,000, 1 million or more, which is much higher than that of Jiaoqiang Shanshi insurance. 3：

The premium of compulsory traffic insurance is fixed for each type of vehicle; For commercial insurance, the premium for the same vehicle type can also be different. The premium of commercial insurance depends on many factors: the amount of insurance, the type of vehicle, the age of the vehicle, the driving area, the previous year's insurance, whether the driver is designated, etc., in addition to the insurance channel is also very important, so sometimes the premiums quoted by the same insurance company are different.

The above is the solution to the problem of what is the difference between compulsory traffic insurance and commercial insurance that we can provide, I hope you can be satisfied. If it is a family car, the insurance premium is 1050 yuan a year for less than 6 seats, and 1100 yuan a year for more than 6 seats.

The main differences between compulsory traffic insurance and commercial third-party liability insurance (hereinafter referred to as commercial insurance) are as follows: 1. Compulsory traffic insurance is compulsory by the state, while commercial insurance is voluntary; Therefore, you must purchase compulsory liability insurance, even if you have commercial insurance. 2: Compulsory traffic insurance has a wide range of protection and a low insurance amount; Commercial insurance has a relatively narrow coverage and a high sum insured. In terms of coverage of coverage: in the event of an insured accident, the compulsory traffic insurance not only bears the liability for damages that should be borne by the insured according to law when the insured is liable, but also bears the corresponding liability for damages when the insured is not liable; In commercial third party liability insurance, the insurer is not liable for compensation in the event that the insured is not liable (or not at fault).

In addition, there are many situations in which the insurer is not liable for compensation under the "Exclusion of Liability" clause of the commercial third party liability insurance clause.

Article 2 of the Regulations on Compulsory Insurance of Motor Vehicle Traffic Accident Liability Article 2 The owner or manager of a motor vehicle driving on the road within the territory of the People's Republic of China shall purchase compulsory insurance for motor vehicle traffic accident liability in accordance with the provisions of the Law of the People's Republic of China on Road Traffic Safety Wheels. These Regulations shall apply to the insurance, compensation, supervision and management of compulsory liability insurance for motor vehicle traffic accidents.