The new energy exclusive insurance is launched, the car damage insurance of some models is doubled, and the fuel money saved is used to pay the insurance premium?
Make "tram" affordable and "affordable"
How the insurance premiums of some brands that are about to launch new energy models will change in the future, which has attracted more attention.
Text/Photo by Deng Li, All Media Reporter of Guangzhou Daily
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"I picked up the car a few days late, and the insurance premium was about 10,000 yuan more expensive if I was caught off guard." Xiaoxin, a new Tesla owner who chose to pick up the car after New Year's Day, "regrets" his Model 3 insurance premium from when he ordered the car. It was more than 8,000 yuan, and now it has risen to 18,000 yuan!
Xiaoxin said: Buying a "tram" was originally intended to save a lot of "gas money", but now it feels like it's wasted in an instant.
The reporter noticed that with the official launch of the exclusive commercial insurance clauses for new energy vehicles at the end of 2021, new energy vehicles have officially entered the era of exclusive auto insurance.
However, many car owners find that their premiums are a lot more expensive when they renew their insurance.
In this regard, the National Passenger Federation also issued a special document pointing out that the introduction of exclusive insurance for new energy vehicles is a good thing, but it cannot make "new energy vehicles affordable and unaffordable".
Some car companies responded
Tesla: According to the statistics on December 30, 2021, the rate of increase in Tesla’s vehicle insurance premiums is about 10% on the national average. Compared with the premiums of high-performance models that have attracted more attention, the rate of increase is based on the national average. Within 20% (for the specific amount, please refer to the quotation of the local insurance company).
Xiaopeng Motors: According to the national insurance premiums reported by various insurance companies, the average increase of all models of Xiaopeng Motors ranges from 2.9% to 18.2%. allow).
investigation:
Insurance premiums have gone up by over a million?
"Te Wei Xiaoli" "doesn't save money"
Not only do new owners find their premiums more expensive, but renewing customers have similar findings.
In January this year, Mr. Huo, a citizen, was shocked by the quotation sent by the commercial auto insurance commissioner when he renewed the insurance for his Model Y: if he had not had insurance in the previous year, he could get a 30% discount, and the price would be directly from the first year The price of nearly 6,000 yuan rose to 12,000 yuan, about double the price.
"Although some insurance types were deleted in the end, it still cost more than 10,000 yuan. This increase is about 6,000 yuan. If calculated by 500 yuan per month, it is a whole year's oil money." Mr. Huo believes that this makes new The cost advantage of energy vehicles over fuel vehicles is instantly weakened.
All media reporters interviewed many car owners and noticed that after the new energy exclusive car insurance was launched, with the increase of new energy car insurance rights, the premiums that many car owners had to pay increased significantly.
For example, the premium of Tesla, which has attracted much attention, has increased by more than 80% for four of the five models, and the car damage insurance alone has increased by more than 114%.
According to different models of "Weixiaoli", the premiums also increase by 8% to 37%.
For example, Ms. Zhou, who renews the insurance for Xiaopeng P7, found that her premiums rose by about 14%.
According to the commercial auto insurance quotations obtained by all media reporters from various property insurance companies, the premiums of hot-selling new energy vehicles in some markets are obviously compared with the old ones.
It is worth noting that most of the new brands only go up and down, but there are also some new energy models whose premiums are flat or even falling, such as BYD's Qin, SAIC Roewe E50, Ei5 and other models whose total premiums are falling. The above is because There are old brands "endorsements" of traditional car companies.
Analysis: Why has new energy auto insurance increased so much?
Exclusive insurance is more detailed, covering all aspects
Compared with traditional fuel vehicle auto insurance, insurance industry insiders pointed out that the design of exclusive auto insurance is more detailed.
Among them, it is worth noting that the maximum insured amount of the three-liability insurance for traditional fuel vehicles is 10 million yuan, but the fire accident limit of new energy vehicles has double insurance, which can be doubled up to 4 times, and the insured amount is 40 million yuan.
Cui Dongshu, secretary-general of the All-China Passenger Federation, believes that the probability of problems during charging of pure electric vehicles is higher than that of fuel vehicles refueled, which is the basic reason for the increase in insurance premiums.
Li Wenzhong, deputy director of the Insurance Department of Capital University of Economics and Business, said that auto insurance rates reflect the risk status of vehicles and market supply and demand, and the risks and rates of new energy vehicles are higher than those of fuel vehicles.
High failure rate and loss rate
Ms. Wang, who is responsible for the auto insurance business of Pacific Insurance Company, told reporters that the policy cost of new energy vehicles has always been high, and the maintenance cost and the accident rate are the main reasons.
According to data from China Banking Insurance Corporation, from 2016 to the first half of last year, the overall accident frequency of new energy vehicles was 3.6% higher than that of non-new energy vehicles. The average indemnity in all cases is 2.7% higher than that of non-new energy vehicles.
Model Y is a high-risk model in 2021, and its claim ratio even reaches 1:1.4. "It is equivalent to paying 1.4 yuan for one yuan of insurance premium, so it is reasonable for Tesla's model to increase in premium price."
Ms. Wang told reporters that the high loss rate of new energy vehicles puts the industry under greater pressure to lose money, and even leading companies can only barely maintain a breakeven balance.
High cost of repairing and replacing parts
Battery claims have always been a pain point for new energy vehicle insurance.
Mr. Liang, the after-sales supervisor of Guangzhou Yizhong Automobile Maintenance, told reporters that the current battery of new energy car companies has special suppliers, and they cannot be repaired, and the replacement cost increases.
"The overall premium increase for models using lithium iron phosphate batteries is actually not that big."
In addition, the maintenance cost of the motor is not low. According to the data of China Bank Insurance, 40% of the new energy vehicles have an average replacement price of 70,000 to 14,000 yuan for the motor each year, and some vehicles are equipped with more than one motor.
The cost of "replacement without repair" is also reflected in other aspects.
For example, new energy vehicles such as Tesla and Xiaopeng use die-casting one-piece bodies. It is not easy to repair the sheet metal if it is slightly damaged in one place. The entire frame can only be replaced, resulting in more expensive compensation after an accident than other models.
Mr. Liang said that Tesla's accessories are more expensive. For example, the difference between the sunroof glass of Model 3 and NIO ES6 can be nearly 4,000 yuan, which is also the reason for the higher premium increase.
New energy auto insurance "one price for one car"
Ms. Wang of Pacific Insurance said that the factors involved in the premium of new energy private cars are diversified, and the pricing of new energy car insurance requires "one price for one car", and the actual price will vary with the market environment, region, the owner's own situation and the independent pricing factor. change with change.
"The amount of premiums to be paid in the current year is based on the comprehensive results of historical data. There are also certain differences in the risks of insured vehicles of different brands and models, and the records of accidents and violations of different vehicles are also different." She said that if she had been out in the previous year For vehicles that are insured twice, the rate will definitely rise in the new year, and the final premium will also be more expensive.
Discussion: How to make new energy vehicles "affordable and affordable"
"New energy vehicles cannot become affordable and cannot be used." The National Passenger Transport Association recently expressed its position on the rise in insurance premiums.
Today, new energy vehicles are rapidly becoming the main travel tool for many consumers.
According to the latest forecast of the China Automobile Association, the sales of new energy vehicles in the whole of last year will exceed 3.4 million, a year-on-year increase of 1.5 times; this year, the sales of new energy vehicles in China are expected to reach 5 million, accounting for about 20% of total vehicle sales.
The gradual increase in the number of new energy vehicles has also brought about a larger scale of insurance premiums.
According to the forecast of the Society of Automotive Engineers of China, by 2030, the number of new energy vehicles in China will reach 80 million; at the same time, the scale of related insurance premiums will reach 470 billion yuan.
Under this circumstance, it is very important to allow the owners of new energy vehicles to enjoy real "premium benefits" and eliminate the cost disadvantage of insurance premiums compared with traditional fuel vehicles.
Cui Dongshu, secretary-general of the Passenger Federation, said that after the introduction of exclusive insurance for new energy vehicles, some car owners have high premium costs, which means that the fuel money saved by new energy vehicles is paid for insurance, which makes new energy vehicles seem uneconomical and not conducive to new energy vehicles. Promotion of energy vehicles.
How to solve the puzzle?
The industry has also given advice.
Coverage data should be updated in a timely manner
Cui Dongshu pointed out that the insurance premium of new energy vehicles is relatively high, and there is also a lack of historical data accumulation.
In particular, the probability of failure of some old models is relatively high. Even after the safety technology of the models is improved, the phenomenon of "high safety and low failure" still exists.
He suggested that the insurance industry should use updated data information in new energy vehicles to extend analysis with shorter-term data.
"With the practice and accumulation of exclusive insurance products, the claims settlement of new energy vehicles will be rapidly iteratively upgraded, and the underwriting pricing will also be managed in a more refined manner, which is expected to push the claim ratio of new energy vehicles back to a reasonable level." said Ms. Wang from Pacific Insurance. Before the introduction of new energy exclusive auto insurance, there was a lack of refined management rules for underwriting claims for new energy vehicles and traditional fuel vehicles, and the insurance data was not sufficient, resulting in higher premiums for some new energy vehicles in the short term.
Encourage car companies to "self-operate" insurance business
"Appropriately encourage OEMs to establish their own types of insurance, expand the insurance business of OEMs, and establish their own low-premium insurance systems supported by data." The All-China Passenger Federation recently issued a document stating that the comprehensive reform of auto insurance will protect consumers while protecting consumers. It is also necessary to follow the principle of "market decision, supervision and guidance", give play to the decisive role of the market in the allocation of auto insurance resources, and improve the formation mechanism of market-oriented terms and rates.
The reporter noticed that the current "self-operated" auto insurance of auto companies has related clues.
Tesla, which has been "spit out" for its high premiums, has long been prepared to launch its auto insurance business in California three years ago, claiming that the premiums are 30% cheaper than insurance companies.
In August 2020, Tesla also registered an insurance business-related company in China.
In addition, other domestic new energy vehicle companies also have related intentions. BYD planned to launch a "personalized pricing insurance service" in 2018. In July of the same year, Xiaopeng Motors established Xiaopeng Automobile Insurance Agency Co., Ltd.
As the largest battery supplier, CATL also took a 30% stake in Xiaokang Life, and then signed a strategic cooperation framework agreement with PICC Property and Casualty.
However, there are countless difficulties faced by car companies entering the auto insurance industry. To achieve true "self-operation", it needs multiple encouragement and support.