What should be paid attention to when insuring compulsory traffic insurance

In order to provide more protection for their cars, many car owners usually buy an insurance commercial insurance as a supplement. If an accident happens during driving, the owner can claim compensation from the insurance company only after the responsibility for the traffic accident is identified. However, the car insurance is generally uninsured, so the car should be reasonably matched with the traffic personal accident insurance, and the security should be well prepared. When a traffic accident occurs, the handling method should be appropriate, at least the knowledge of traffic insurance claims should be well done, so as to minimize the loss of energy and financial resources.

2024-06-16 13:40:20 Helped 2346 people

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What should be paid attention to when insuring compulsory traffic insurance

First of all, as an applicant, you have the responsibility to disclose all the information that is essential to your signing of the contract to the selected insurance company when you apply for insurance.
Secondly, according to relevant laws statute As well as industry practice, the applicant is not allowed to put forward additional and restrictive conditions to the insurance company beyond the insurance terms and premium rates.
Third, we recommend that you avoid multiple and repeated insurance, as this may lead to your failure to obtain the due protection rights.
Finally, please be careful not to choose an insurance scheme with an excess or a low amount to ensure that your insurance interests are protected to the greatest extent. 《 Insurance Law 》In the second paragraph of Article 16, if the applicant intentionally conceals facts and fails to perform the obligation of truthful disclosure, or fails to perform the obligation of truthful disclosure due to negligence, which is enough to affect the insurer's decision on whether to accept the insurance or increase the premium rate, the insurer has the right to terminate insurance contract 。
Article 39 of the Insurance Law
The insurable value of the subject matter insured may be agreed upon between the applicant and the insurer and stated in the contract, or may be determined according to the actual value of the subject matter insured at the time of the occurrence of the insured event.
The insured amount shall not exceed the insured value; If the insured value exceeds the insured value, the part exceeding the insured value shall be invalid.

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