Recently, some netizens complained that Xiaomi SU7, which sells for about 200000 yuan, has an annual premium of 6000-8000 yuan, while Maserati Grecale Basic Edition, which has a guide price of 650800-1018800 yuan, has an annual premium of only about 6000 yuan.
In the article "Xiaomi SU7 Answers to Netizens' Questions (Episode 40)" released on the official microblog of Xiaomi Automobile on May 13, it said that the premium of Xiaomi SU7 is priced by the cooperative insurance company and insured according to the exclusive terms of new energy vehicle insurance. The terms mainly provide security around the "three electricity" system, and comprehensively cover the use scenarios of new energy vehicles in driving, parking, charging and operation.
Xiaomi Automobile said that the price range of Xiaomi SU7 is 215900 to 299900 yuan, and the premium prices of the same model and insurance scheme are different in different provinces and cities. Taking Beijing as an example, the premium of Xiaomi SU7 and Xiaomi SU7Max in the basic insurance scheme is about 5200 yuan and 6600 yuan respectively, which is in line with the overall premium pricing level of the market's main new energy electric cars with the current price range of 200000 to 300000 yuan.
High accident rate and high loss ratio directly lead to the high premium of new energy vehicles. According to the Economic Daily, data shows that in 2023, the average premium of new energy vehicles will exceed 4000 yuan, while that of traditional fuel vehicles will only be 2000 yuan. However, according to the data disclosed in the annual report of insurance companies, even though property insurance companies have increased premiums, the comprehensive cost rate of new energy vehicle insurance is still high. It seems that the new energy vehicle insurance has fallen into the market pattern of "car owners call for expensive and insurance companies call for losses".
In this regard, the regulatory authorities have made several moves. Following the issuance of the Notice on Practically Doing a Good Job in New Energy Vehicle Insurance Underwriting, the relevant departments of the State Administration of Financial Supervision recently issued the Notice on Promoting the High Quality Development of Energy Vehicle Insurance (Draft for Comments), expanding the range of independent pricing coefficients for new energy commercial vehicle insurance, Give insurance companies more independent pricing power.
According to the regulations, the range of independent pricing coefficient of new energy commercial vehicle insurance is expanded from 0.65-1.35 to 0.5-1.5. According to the calculation formula of "commercial auto insurance premium=benchmark premium × NCD coefficient × independent pricing coefficient", the adjusted auto insurance premium price can be reduced by 23% at most and increased by 11% at the same time.
In addition, in recent years, new energy vehicle enterprises have also frequently set foot in the auto insurance business. After the launch of SU7, Xiaomi Auto immediately announced that its Houji Insurance Broker and Auto Technology had reached cooperation, which will provide auto insurance service solutions for owners in Beijing, Shenzhen, Hangzhou and other cities nationwide. At the same time, BYD, Ideals, Weilai, Xiaopeng and other new energy vehicle enterprises have established auto insurance business by establishing or acquiring insurance brokerage companies.
