Why did the premium of a private taxi in Xi'an suddenly rise? Fleet: The result of the insurance company's accounting based on the insurance rate, etc

Private taxi premiums were only about 7,000 yuan last year, and this year they suddenly rose to 17,800 yuan, which drivers think is unreasonable. Taxi fleets explain that this is an isolated case, but private car premiums have generally increased slightly.

Mr. Li has been driving taxis for more than 20 years, and now runs a private taxi with his wife and is attached to Xi'an Tianzi Taxi Co., Ltd. In addition to paying the management fee, he also needs to pay the premium himself, which is handed over to the insurance company by the company.

On February 9, Mr. Li received a call from Ms. Jin, a staff member in charge of the company's insurance business, reminding her to pay her premiums. "Ms. Jin told me that according to the results of the insurance company's accounting, the premium for the new year is about 17,800 yuan, which is more than double the premium of last year." Mr. Li said that the vehicle insurance he runs is due around February 23 this year, and he needs to pay the new year's premium before that, but his premium last year was less than 7,000 yuan, and the vehicle has not been insured in the past year.

Mr. Li said that although there was a traffic accident last year, there was no insurance in the end, and the last time it was in 2020. "If the premium rises slightly, I can also accept it, but this time the increase is too big, the taxi business was not easy to do after the epidemic began, and now that the premium has risen, our operating costs have naturally risen."

On February 10, the Huashang Daily reporter contacted Ms. Jin, who is responsible for the insurance business of Tianzi Taxi Company, she explained that the premium of the taxi is calculated by the insurance company according to the insurance rate, the loss rate, etc., and then the company truthfully informs the owner and reminds him to pay the premium, Mr. Li's vehicle is the fourth year to buy insurance this year, and there have been four traffic accidents in three consecutive years, and the insurance company calculated the final insurance amount according to the underwriting policy is 3 million yuan. "In previous years, the owner of the car can choose the amount of insurance independently, there are 500,000, 1 million, 2 million or 3 million, but this time the insurance company told us that this is the insurance amount calculated by the system according to the risk assessment, and the risk rate of the vehicle is too high, so the owner cannot choose the insurance amount independently."

Ms. Jin said that this premium is not for Mr. Li's car, but is decided by the insurance company based on the number of insurances. "This year, the premium of private cars has basically increased slightly, because the insurance company will conduct risk assessments on various taxi fleets and private individual vehicles every year, and this year's approval has found that the loss rate of private cars is too high, and after reaching a certain percentage, the premium will rise."

Subsequently, the reporter contacted Ms. Zhang, a Chinese minal insurance salesman, who explained that the insurance policy for operating vehicles will change every year, and the amount of premiums will be determined according to the number of insurances in three years, and the premiums of insured vehicles will indeed rise.

Huashang Daily reporter Tian Rui

Source: China Business Network - China Business Daily

EDIT: Founder