New energy vehicle exclusive insurance is expected to be introduced within the year or to increase the power of the battery and other unique insurance

Data show that from 2013 to 2017, the number of new energy vehicles underwritten by the insurance industry grew at an average annual rate of 78.6%. In 2017, the premium reached 10.16 billion yuan, a growth rate of 50.4%. However, at present, there is no special new energy vehicle insurance in the market. The insurance insurance standard is completely applied to the traditional gasoline vehicle, and some existing insurance projects are not applicable to the new energy vehicle, which makes the current situation quite obvious.

In order to solve this problem and drive the domestic insurance industry to keep up with the development speed of new energy vehicles, Guo Hong, deputy secretary general of the China Insurance Industry Association, said that the exclusive insurance products for new energy electric vehicles are expected to be introduced during the year.

According to the plan, the China Insurance Industry Association will launch the first version of the model insurance products before the end of the year. The products will distinguish the overall structure, power system, parts and maintenance features of the new energy pure electric vehicles from those of the traditional fuel vehicles. Conduct targeted insurance plans. Especially for the part of the power battery with higher risk factor and higher cost, whether the future battery insurance insurance subject is the automobile main engine factory, battery supplier or product user needs further research and determination.

After the release, the major insurance companies in the market can customize their insurance products according to the first version of the demonstration program, and consumers can enjoy this exclusive insurance as soon as possible in 2019.