Whether BYD's strategy of collecting premiums by going out every day can succeed is a complex issue involving many aspects. Here are some analyses of this strategy:
First of all, from the perspective of market demand, the daily car insurance strategy undoubtedly provides car owners with more flexible and personalized options. For car owners who do not use the vehicle frequently, this strategy can greatly reduce the insurance cost and improve the utilization rate of insurance costs. Therefore, from this point of view, BYD's innovative strategy is likely to be welcomed by the market.
Secondly, from the perspective of industry development, BYD's strategy may trigger changes in the auto insurance industry. The traditional car insurance fee model is often based on a fixed annual fee system, and BYD's strategy breaks this routine and brings a new direction for the industry to think about. If this strategy is accepted by the market, it may push other insurers to follow suit, which in turn will drive innovation and development across the industry.
However, it is also important to note that there may be some challenges in implementing a daily car insurance strategy. For example, how to accurately calculate the daily departure time of car owners, and how to prevent car owners from deliberately underreporting the departure time in order to reduce insurance premiums and other issues need to be in-depth research and effective solutions for BYD. In addition, this strategy also needs to be supported and recognized at the regulatory and policy level before it can be successfully promoted and implemented.
To sum up, BYD's strategy of collecting premiums by going out every day has certain market potential and industry influence, but whether it can succeed depends on whether it can effectively solve the problems that may be encountered in the implementation process and be widely recognized by the market and the industry.