Recently, new energy exclusive auto insurance went online, and then some netizens broke out on social media. Tesla's premium rose overnight. Netizens said that taking Tesla Model y as an example, the premium was 8278 yuan on December 23, 2021 and 14000 yuan on December 27, 2021
source: microblog
There are also netizens drying out the premium on Tesla Model 3's official website as high as 17000 yuan. The netizen said: "the premium rose 10000 a day late to pick up the car. I can\'t like it anymore."
source: microblog
Not only Tesla, according to many netizens, the premium of many "new forces" models such as Weilai and Xiaopeng automobile has also increased to varying degrees.
However, many models have seen a decline in premiums. For example, Byd Company Limited(002594) Qin insurance fee is reduced from 4538 yuan to 4304 yuan, and Rongwei E50 is reduced from 4902 yuan to 4548 yuan.
Many netizens said: "different insurance companies, different salesmen and different ways offer different prices."
A netizen said that an auto insurance company offered three different prices of 7161.61 yuan, 6016 yuan and 5548.49 yuan to it through different channels on December 28, December 30, 2021 and January 10, 2022.
Netizen said: "the premium is one price a day. Buying car insurance is comparable to stock speculation."
premium of some models increased
On January 13, the reporter visited a Tesla sales store in Beijing. The salesperson said that the premium of new energy vehicle insurance increased and decreased, and the premium of individual high-end models increased. Take the Tesla Model y long life version as an example, the new car all insurance is about 9000 yuan, but the quotations are different.
For the reasons why the premium of individual high-end models has increased, the above salesperson said that the premium of some Tesla models has indeed increased, but it is not the "sky high" premium as netizens said. Some high-end models adopt integral die-casting technology. If the body is damaged due to collision, it can only be replaced as a whole, and the compensation amount is significantly higher than that of other models. In addition, as the price of high-end models rises, the premium is bound to rise.
Tesla previously said that there were slight differences in the increase of different insurance companies, different regions and different models. According to the statistics on December 30, 2021, the premium of Tesla vehicles increased by an average of about 10% nationwide, and the premium of the high-performance models of concern increased by less than 20%. The specific amount is subject to the quotation of the local insurance company.
On December 29, 2021, Xiaopeng automobile released the explanation on the premium changes of commercial auto insurance of Xiaopeng brand models with the launch of new energy auto insurance products, which said that according to the national premium fed back by insurance companies on December 28, the average increase of all models of Xiaopeng automobile was 2.9% ~ 18.2% (there were slight differences in the increase of different insurance companies, regions and models), The specific amount shall be subject to the quotation of the local insurance company
source: description on premium changes of commercial auto insurance of Xiaopeng brand models with the launch of new energy auto insurance products
Xiaopeng automobile said that the data in the above table is only the average quotation of commercial auto insurance of head insurance companies in major cities of each model collected and counted on December 28, 2021, and the specific amount shall be subject to the actual quotation of local insurance companies.
Weilai announced on its official app that it plans to launch worry free 2022 in March 2022. Weilai responded to the owner's concern about the premium. The insurance worry free pricing is still the insurance fee + 1680 yuan Weilai exclusive service, of which 1680 yuan Weilai exclusive service remains unchanged. The change of the overall premium is related to the user's region, violation records, past accidents and other factors. At present, the premium adjustment range of Weilai model is not large due to different local conditions.
The relevant person in charge of a property insurance company said: "At present, first, insurance companies lack the original pricing data of new energy vehicles. For the sake of operating efficiency, the pricing in the initial stage may be high. Second, the technology of new energy vehicles is immature, with high accident rate and high compensation rate. Most auto insurance companies will raise the pricing out of cost considerations. Third, the cost of supporting equipment of new energy vehicles is high, which increases the compensation cost to a certain extent. ”
According to the analysis of insiders, the core technology of new energy vehicles is batteries. According to different battery materials, the premium of ternary lithium batteries is higher than that of lithium iron phosphate. "It's also Tesla cars. The premium increase of models with lithium iron phosphate battery is not large. If it's not Tesla cars, the premium increase will be large if they use ternary lithium battery."
80% of car owners enjoy the benefit of benchmark premium reduction
Previously, the China Association of Actuaries issued the statement on the calculation and adjustment of benchmark pure risk premium table for exclusive products of new energy vehicle commercial insurance. The notes mentioned that compared with the current benchmark premium of traditional auto insurance, the benchmark premium of third-party insurance and vehicle damage insurance of new energy vehicles decreased by about 0.8%. In terms of smoothing the rate of vehicle damage insurance, the benchmark premium of new energy vehicles with a vehicle price of less than 250000 yuan will not rise; For new energy vehicles with a vehicle price of more than 250000 yuan, the benchmark premium can fluctuate up and down.
According to the person in charge of Shandong Branch of a large insurance company, on the whole, the benchmark premium of third-party insurance and vehicle damage insurance for new energy vehicles decreased by about 0.8% compared with the current benchmark premium of traditional vehicle insurance; Among them, the benchmark premium of third-party insurance decreased by 0.1%, and the benchmark premium of vehicle damage insurance decreased by 1.2%. "Most notably, about 80% of car owners can enjoy the benefits of reducing fees."
However, the decline of basic premium does not represent the final decline of overall premium. For the obvious increase of some new energy auto insurance, a relevant person in charge of a property insurance company said that the three factors affecting the pricing of auto insurance premium are: basic premium, accident coefficient and autonomy coefficient. Among them, the first two are common in the industry, and the autonomy coefficient of insurance enterprises is a key determinant. The pricing of auto insurance also depends on the vehicle model, the accident situation in the past year, the number of violations, and the independent pricing coefficient of the insurance enterprise for the vehicle model. For Tesla and other models with high maintenance costs and high prices, insurance companies often choose to increase the independent pricing coefficient, thus raising the premium.
Industry insiders said that according to the principle of matching risk and premium, the protection scope of new energy vehicle insurance has been significantly expanded, the protection responsibility has also increased, and it is normal for the premium to rise to a certain extent.
future premium pricing will be further optimized
"The future insurance pricing of new energy auto insurance will be continuously optimized." The reporter learned from the salesperson of a 4S store in Beijing that at present, the premium of all new energy vehicles needs to be calculated through a new coefficient. The premium has changed from the original unified pricing to one price for one vehicle and one price for one person. The final quotation is related to many factors such as vehicle model, accident situation, owner's traffic violation record and so on.
Insiders pointed out that the premium will rise to a certain extent for the owners of high-tech energy vehicles with repeated accident claims and abnormal maintenance costs; For owners with good driving habits and safety records and reasonable vehicle maintenance costs, the premium will be preferential.
"With the continuous accumulation of new energy vehicle data by major insurance companies, the calculation of new energy vehicle risk probability will become more and more accurate in the future," said the relevant person of the above property insurance company. With the progress of new energy vehicle technology and the gradual maturity of new energy vehicle premium pricing, the premium will be further rationalized and scientific, The advantage of new energy exclusive insurance is greater than the cost of premium borne by car owners.
The relevant person of China Insurance Industry Association told the reporter of China Securities Journal that the claim settlement service should be continuously upgraded in the future. Relying on the professional risk management service capability of the industry, the industry auto insurance claim service has comprehensively sorted out the possible risk points, service standards and operation specifications related to claim settlement according to the unique risk scenarios of new energy vehicles. However, from the perspective of consumers, there is no obvious difference in the claim settlement process from the current model provisions of motor vehicle commercial insurance. In addition, the insurance industry will continue to optimize the claims service process according to the risk characteristics and use characteristics of new energy vehicles, and launch more online, personalized and differentiated new energy exclusive claims service initiatives based on science and technology, so as to better meet the insurance claims service needs of different consumer groups.
