The formula for calculating the compulsory traffic insurance of car insurance, how to calculate the

Calculation of compulsory liability insurance:

Final Premium Basic Premium (1 Floating Rate Linked to Road Traffic Accidents) (1 Floating Rate Linked to Traffic Safety Offencesa).

For example, if a private car owner with less than 6 seats has not been involved in a traffic accident within one year, but has had one traffic accident involving the death of the victim due to drunk driving, the premium paid in the second year is: 950 (1-10%) 1+30%) = yuan.

Models with 6 seats or less than 6 seats will pay a fixed compulsory insurance fee of 950 yuan, and the cost will be reduced under the following circumstances;

1. There was no responsible road traffic accident in the previous year, and the cost was reduced by 10%.

2. There was no road traffic accident in the last two years, and the cost was reduced by 20%.

3. There was no responsible road traffic accident in the last three years, and the cost was reduced by 30%.

4. In the event of a road traffic accident in the previous year that is responsible and does not involve death, the cost remains the same.

5. If there are 2 traffic accidents in the previous year, the cost will be increased by 10%.

6. In the case of a traffic accident in the previous year that caused the death of another person due to duty, the cost will be increased by 30%.

The full name of compulsory traffic insurance is "compulsory insurance for motor vehicle traffic accident liability", which is a compulsory liability insurance for the personal and property losses of the victims (excluding the vehicle personnel and the insured) caused by road traffic accidents caused by the insured motor vehicle within the liability limit. It is the first compulsory insurance system implemented by national laws and regulations in China.

The first year fee is calculated, and the more insured and the higher the purchase price of the vehicle, the higher the premium. As far as the calculation formula of motor insurance is concerned, compulsory traffic insurance is calculated according to the basic standard.

The formula for calculating commercial insurance is roughly as follows:

Vehicle Damage Insurance Premium = Basic Insurance Premium + Insurance Amount of This Insurance Rate;

Third-party liability insurance premium = fixed insurance premium corresponding to the fixed grade compensation limit;

Full vehicle theft insurance premium = actual value of the vehicle rate;

On-board liability insurance premium = indemnity limit rate of this type of insurance;

Excluding deductible premium = (vehicle damage insurance premium + third party liability insurance premium) rate, etc.

After the first year, the higher the rate will be, the more times the insurance is out and the more unreasonable the insurance is suspended, the higher the rate will be. The outstanding performance is the calculation of the rate of compulsory traffic insurance, if there is no insurance in the first year, the corresponding discount in the second year, the basic premium of the compulsory insurance cost of the vehicle (1 floating rate linked to road traffic accidents) (1 floating rate linked to traffic safety violations).

Commercial insurance will also implement a floating rate according to a number of factors, one of the most important principles is that if you have more insurance records in the first year, the insurance premium will rise in the second year, and if you have less insurance records, you can enjoy premium discounts.

The specific cost calculation method of car insurance, car owners can calculate according to the corresponding basic rate, according to their actual situation according to the specific calculation formula (relatively cumbersome). Relatively speaking, it is recommended to use some online car insurance calculators to calculate, which is more time-saving and convenient.

Types and rates of car insurance. Car insurance is mainly divided into compulsory insurance and commercial insurance. Among them, the rate of compulsory traffic insurance is set by the state, which is basically certain and easier to calculate.

The difficulty lies in the fact that the rates of commercial insurance are formulated by car insurance companies according to the basic standards of the country, and most of them are inconsistent.

Factors influencing car insurance rates. One is the driving record, drive carefully and without accidents, and your premium will be lowered. The second is the car model, the higher the price, the higher the premium.

The third is the driving area, and some insurance companies will even take into account whether your car is parked in the garage or underground public parking lot in front of your home when determining the premium. Fourth, if there is no sufficient reason to stop the policy, you will be considered as a new customer when it resumes, which usually means a premium increase.

The premium of compulsory liability insurance is uniformly formulated by the state, and the reduction amount is determined according to the number of occurrences in the previous year, that is, the more times the insurance is insured, the higher the premium will rise in the second year.

According to Article 6 of the Regulations on Compulsory Insurance of Motor Vehicle Traffic Accident Liability, the compulsory insurance of motor vehicle traffic accident liability implements uniform insurance terms and basic insurance rates. The insurance regulatory authority shall examine and approve the insurance rates in accordance with the principle that the compulsory insurance business of motor vehicle traffic accident liability is not profitable or loss-making as a whole.

When examining and approving insurance rates, the insurance regulatory authority may engage relevant professional institutions to conduct an assessment and may hold a hearing to hear public opinions.

Legal Analysis: Final Premium of Compulsory Liability Insurance = Basic Premium of Compulsory Liability Insurance (1 + Floating Ratio Linked to Road Traffic Accidents). Among them, the basic insurance of compulsory traffic insurance remains unchanged (calculated according to 950 yuan for cars), and the floating rate related to road traffic accidents is stipulated to be 10% discount for non-insurance in the previous year, 20% for no insurance in the second year, and 30% for the third year.

On the contrary, if there is an increase in the risk once, it will be increased to 0%, and the increase of 10% in the previous year's two accidents will be an insign, and so on.

Legal basis: Regulations on Compulsory Insurance of Motor Vehicle Traffic Accident Liability

Article 21 If a road traffic accident occurs in an insured motor vehicle and causes personal and property losses to the victim other than the vehicle personnel and the insured, the insurance company shall compensate within the limits of the compulsory insurance liability for motor vehicle traffic accident liability in accordance with law. If the damage caused by the road traffic accident is intentionally caused by the victim, the insurance company will not compensate for it.

Article 22 In any of the following circumstances, the insurance company shall pay the rescue expenses within the limits of the compulsory insurance liability for motor vehicle traffic accidents, and shall have the right to recover compensation from the victim: (1) the driver has not obtained driving qualifications or is intoxicated; (2) The accident is caused during the theft and robbery of the insured motor vehicle; (3) The insured deliberately causes a road traffic accident. In any of the circumstances listed in the preceding paragraph, if a road traffic accident occurs, the insurance company shall not be liable for compensation for the property damage caused to the victim.

Article 24 The State shall establish social assistance for road traffic accidents** (hereinafter referred to as assistance**). In any of the following circumstances, the funeral expenses and some or all of the rescue expenses of the victim in the road traffic accident shall be paid in advance by the rescue, and the rescue management agency shall have the right to recover from the person responsible for the road traffic accident: (1) The rescue expenses exceed the liability limit of the compulsory insurance of motor vehicle traffic accident liability; (2) The motor vehicle involved in the accident has not participated in the compulsory insurance of motor vehicle traffic accident liability; (3) Fleeing after a motor vehicle has been hit.

Car Insurance Calculation Method:

1) Car damage insurance: the basic premium of the car price (342 yuan).

2) Third-party liability insurance: 200,000 yuan for insurance claims, with a fixed premium of 952 yuan.

3) Seat insurance for people on the bus: 10,000 yuan per seat, 10,000 seats.

4) Full car theft insurance: car price

5) Glass Breakage Insurance: Car price

6) Car damage insurance without deductible: car damage insurance premium 15% (7) Third party without deductible: third party liability insurance premium 15% (8) Compulsory traffic insurance: 950 yuan.

How to calculate car insurance premiums:

1) Car damage insurance: 115800 basic premium (342 yuan) = yuan (2) third-party liability insurance: insurance claim of 200,000 yuan, fixed premium 952 yuan = 952 yuan (3) car seat personnel insurance:

It is 10,000 yuan per seat, 10,000 seats) = 145 yuan.

4) Whole car theft insurance: 115,800 yuan.

5) Glass damage insurance: 115,800 yuan.

6) Car damage insurance does not include deductible: car damage insurance premium 15% = yuan (7) third party does not calculate deductible: third party liability insurance premium 952 yuan 15% = yuan (8) compulsory traffic insurance: 950 yuan.

9) Total premium: compulsory traffic insurance + commercial insurance = 950 yuan + (yuan + 952 yuan + 145 yuan + yuan + yuan + yuan + yuan) = yuan.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

The first year of compulsory traffic insurance is charged according to the basic fee, which is related to the number of seats and the purpose of the vehicle, and the fee is:

1. Family car: if the vehicle seat is 6 seats or less, the cost is 950 yuan; For more than 6 seats, the cost is 1100 yuan;

2. Business buses: the cost of less than 6 seats is 1,800 yuan, and the cost of 6-10 seats is 2,360 yuan; Between 10 and 20 seats, the cost is 2400 yuan.

The calculation method for the second year of compulsory liability insurance and beyond is: compulsory liability insurance = basic premium (1 + floating ratio).

If the owner does not have an accident in the first year, then the floating ratio of the compulsory traffic insurance in the second year is -10%; If there is no insurance in the second year, then the floating ratio of compulsory traffic insurance in the third year is -20%; If there is no insurance in the third year, then the floating rate of compulsory traffic insurance in the fourth year is -30%.