Traffic accidents are caused by themselves. When they need to bear the corresponding compensation responsibility for the accident, many of the perpetrators will entrust the compensation to the insurance company. They have purchased compulsory traffic insurance and third-party liability insurance, so they can get relevant compensation. Then, how much will the full liability insurance company pay for the traffic accident
After the occurrence of a traffic accident, the vehicle of the full responsible party shall be insured with compulsory traffic insurance and three party commercial insurance. The compensation method is:
First, compulsory traffic insurance shall bear all the compensation liability within the insurance limit, including property loss of 2000 yuan, medical expenses of 10000 yuan and disability compensation of 110000 yuan
Second, the part exceeding the compensation limit of compulsory traffic insurance should be compensated by the commercial third-party insurance, and the liability for compensation should be fully borne within the reinsurance limit
Third, if the third-party insurance is not enough to compensate, the driver owner needs to bear the compensation obligations of other parts.