Your friends with cars may take a few minutes to get an update on their insurance policy. The new vehicle insurance regulations for 2026 have now been formally landed and fuel and new energy vehicles are being implemented in accordance with the new rules。
This vehicle insurance optimization exercise has resulted, on the one hand, in a reasonable reduction in the insurance costs of compliance owners and, on the other hand, in a further regulation of industry services. The following is a recapitulation of the entire content in popular terms, including insurance techniques, processing processes and care, with recommendations for the preservation of the collection and for subsequent renewal and settlement of claims。
One, five rule-and-relationships
The restructuring of the vehicle insurance system is being carried out by the national financial supervisory authority, which is based on the principles of merit and transparency. Daily traffic is subject to regulations, accidents are rare, and the premium is reduced; traffic violations are more frequent, risks are more frequent and premiums are increased according to the rules. At the same time, industry service standards have been tightened further, regulating issues such as tied sales and unjustified denials of compensation。
1. Up-to-date calculation of premiums and driving behaviour as a core reference
In the past, the main reference vehicle models and prices were used in the pricing of vehicle insurance, and now individual driving records are the focus of pricing。
The base price for the six and below domestic vehicles remained at $950. For three consecutive years, there were no liability accidents and the premium received a 50% discount of $475; for two consecutive years, there were no insurance premiums of $760; and for one year there were no insurance premiums of $855. Long-term safe driving will result in significant cost savings。
Commercial vehicle insurance prices are directly linked to traffic offences. There are alcohol and drunk driving practices with premiums ranging from 15 to 30 per cent; red lights are broken more than three times a year and premiums rise by 20 per cent. The minimum discount for commercial insurance is 3. 80% for long-term, non-breach and accident-free owners。
There was a corresponding benefit for the owners of new energy sources, with an overall downward adjustment of 8 to 15 per cent for net domestic tram base premiums. The three core components of vehicle batteries, electric appliances and electrical controls are fully covered by the insurance coverage for vehicle losses and do not require separate insurance coverage for specific types of insurance。
2. Optimization of the integration of safeguards and achievement of insurance coverage for vehicle losses
In the past, many owners had had to buy additional insurance items, such as glass risk, water risk, self-fire risk, and so on, adding unnecessary costs。
Following the implementation of the new regulations, the new version of vehicle loss and loss insurance has been consolidated with multiple safeguards responsibilities. In cases of collision, fire, water, broken glass, theft of the entire vehicle, or failure to find a third party to the damage, the vehicle can be compensated through the vehicle's insurance。
With regard to new energy vehicles, more comprehensive coverage is also provided in the context of insurance coverage for vehicle damage caused by rain-related water, circuit failure and short circuits。
3. Optimization of claims settlement services with no liability to advance and no impact on the next year's premium
This is also what is widely accepted by the owners of this adjustment. In the past, accidents, when they occur without responsibility and with full responsibility of the other party, often require active negotiation with the other party to settle claims, and may involve advance payments for maintenance costs and cumbersome processes. Part of the risk will also be recorded, affecting subsequent premiums。
Under the new rules, in the event of an accident, it is possible to settle the claim directly with the insurance company in which it is insured. This category is not included in the personal risk record and will not affect the discount on premiums for the following year. The insurance company will take over the cooperative maintenance shop and the owner will not have to pay for the repairs and will be able to pick up the vehicles as soon as the repairs are completed。
4. Regulating the sale of vehicle insurance and the option of renewal lord
Prior to this, some of the car owners had experienced forced combinations of risk and restricted access. The new regulations explicitly require that all insurance agencies and car doors must not compulsorily sell vehicle insurance, nor should they allow the seizure of vehicle documents to be renewed in a compulsory shop, and that violators are subject to penalties。
Prior to an insured business, staff members must clearly disclose the details of the premium, the exemption clause, the settlement process, etc., and must not mislead consumers by using vague phrases such as “all-risk package”。
5. The determination of the risk is more reasonable, and the absence of liability does not affect premium benefits
The old version of the rules must be unreasonable, even if it was not responsible for itself, and as long as it was initiated, it would leave a record of exposure, resulting in an increase in premiums the following year。
The criteria for the determination of risk are now clearer: the number of accidents will be counted only if the owner assumes responsibility for the accident. Accidents that are simply collided with others and are self-inflicted do not affect subsequent premium preferences。
Ii. Cases of real use of vehicles, visualizing changes brought about by the new regulations
The practical changes brought about by the new rules can be seen more intuitively in combination with examples of everyday car scenes。
Case 1: long-term compliance and substantial reduction in the cost of renewal
Ms. Wang owned a domestic car, which had been in use for five years, without traffic violations or accidents for three consecutive years。
In accordance with previous standards, insurance coverage was increased by $950 plus commercial insurance by $2,800, bringing the total annual vehicle insurance to $3750。
Following the implementation of the new regulations, a total of $475 was paid for insurance and $1,300 for commercial insurance. A single renewal would save nearly $2,000 and long-term adherence to compliance driving, with significant savings。
Case 2: follow-up incident, no additional loss in streamlining the settlement process
The owner, xiao li, was standing by and was tailed by the rear vehicle for a total maintenance cost of $5,000。
Under the old rules, claims can only be settled in consultation with the full responsible party, and if the other party delays processing, the owner will have to advance maintenance costs, time and effort to communicate back and forth and may also affect the next year's premium。
In accordance with the new regulations, the repairs could be completed in approximately three days by direct contact with their own insurance companies. The owner of the vehicle throughout the process is not required to pay out-of-pocket costs and does not produce a record of the risk。
Case 3: damage to new energy vehicles, normal settlement of high maintenance costs
The owner of the vehicle was driving a new energy vehicle, and the vehicle battery suffered short-circuit damage after the rainy season, and the cost of repair and maintenance was tested at $60,000。
In accordance with previous rules, damage to the vehicle's three power systems was not part of the normal settlement, and additional specialized insurance was required to obtain compensation。
Three power systems have now been incorporated into the rmi, and the maintenance costs of $60,000 are fully recoverable without additional insurance costs。
Iii. Comprehensive practical guidelines, assessment, compensation, relief and equipment
Common and understandable operational procedures have been organized, which can be consulted by both new drivers and friends who are not familiar with online operations。
(i) vehicle insurance process, which is accessible online and fast
Precedence is given to insurance companies, official apps, offline outlets or official customer service hotlines. Do not trust strangers to sell telephones, undefined web links and protect their property。
Identity cards, travel permits, licence plates, frame numbers are prepared well in advance; the owner of the new energy source provides additional vehicle models。
Risks can be found in the practical mix:
Risk option: risk exposure plus 2 million for third-party liability (the first-line city proposes to choose 3 million) + liability for medical out-of-medicine insurance, which costs only a few dozen dollars a year。
Recommended purchase: new vehicles, high-end vehicles, new energy vehicles are recommended for insurance against vehicle loss and loss; older vehicles with a useful life of more than eight years may be selected independently of their condition。
There is no need for double purchase: scratch, single glass, self-fire risk, all of which are covered by the new version of the vehicle's risk insurance, and double insurance can result in waste of money。
When online electronic signatures are completed and insurance premiums are paid, electronic policies are generated immediately, with the same legal effect as paper policies。
(ii) a four-step process for the settlement of accidents, which is simple and simple legs
In the event of a traffic accident, the report is reported by the insurance company's official telephone or online platform within 48 hours, providing a clear indication of the time, location and basic circumstances of the accident。
Small incidents can be subject to direct photo wiring and staff members go to the site for verification when the vehicle is damaged more severely. Upon completion of the impairments, the costs were settled jointly by the insurance company and the cooperative repair plant, and no advance was required from the owner。
Upon completion of vehicle maintenance, claims will normally be paid within one to three working days, and the operational progress will be readily available online。
(iii) reminders related to vehicle insurance renewal
The renewal of insurance operations can be carried out normally 30 days before the expiration of the insurance period. The choice of the institution to be insured and the place to renew the insurance is left to the owner's own discretion and no unit may intervene. Prior to renewal of the policy, personal record of violations and risks can be consulted, and a good record can successfully benefit from a premium discount。
Four or five common cognitive error areas, suggest that all owners avoid them
Most of the problems of high premiums and delays in the settlement of claims are due to the fact that they are caught in a cognitive error zone and are being sorted out。
Mistake 1: enough to buy and sell
This is not an appropriate idea. There was a limited amount of insurance, property losses up to a maximum of $2,000 and death-related compensation up to $180,000. The cost of vehicle maintenance and medical treatment is now high and, in the event of a major accident, the full amount of compensation cannot be covered by risk insurance. High-cost third-party liability insurance is an important safeguard on the road。
Zone 2: "all-risk" in business means everything is clear. Compensation
This is just a marketing jargon and there is no so-called “all-risk package” in the car insurance industry. In cases of drunk driving, unlicensed driving, self-modified vehicles, hit-and-runs, or secondary fire after a vehicle has been involved in water, the insurance company will not pay compensation according to the rules, regardless of the type of insurance insured。
Mistake 3: drive new energy vehicles without insurance for vehicle losses
Batteries and electrics of new energy vehicles are core components and maintenance costs are generally high. New vehicle loss and loss insurance has been incorporated into the third power system, and if the vehicle is not insured, all maintenance costs will have to be borne by the owner if the component is damaged。
Error area 4: irresponsible incidents processed, resulting in higher premiums for the following year
This is a legacy of the old rules. Under the new regulations in force, self-responsible claims records do not affect subsequent premiums and preferential policies and can be processed normally。
Error area 5: loans for the purchase of vehicles on a phased basis must be purchased in shop 4s
The compulsory designation of insurance channels is an irregular tie-up. The choice of insurance coverage and renewal is vested in the owner, who can defend his rights and interests in accordance with the law, regardless of whether the car is fully purchased or financed。
V. Routine vehicle pittance to protect their interests and property
First, in the face of oral undertakings such as “all-risk package”, it is important that the other party be required to clearly indicate in writing the scope of the exemption and not to readily trust the oral agreement。
Second, reasonable combinations of insurance, glass insurance, self-fire insurance, etc. Have been incorporated into the vehicle loss insurance, avoiding duplication of insurance coverage。
Thirdly, strict compliance with traffic regulations, such as drunk driving, driving without a permit, and hit-and-run, are not only denied compensation, but are also subject to corresponding legal liability。
Fourth, the annual vehicle inspection and the exchange of driving permits are completed on time. Insurance companies are not entitled to pay compensation in accordance with the rules in cases of accidents occurring during the unyearly inspection of vehicles and the expiry of documents。
Fifthly, vigilance over the various unknown channels of low-cost insurance and high-value return, the so-called “car insurance integration” is at greater risk of the lapse of the policy and the difficulty of settling claims。
Concluding remarks
The focus of the 2026 vehicle insurance reform was to regulate industry services, optimize safeguards rules, return vehicle insurance to the nature of risk insurance, and bring tangible benefits to the owners of the traffic in compliance。
There are three main points to remember: the choice of formal channels for business, the rational streamlining of insurance coverage, and daily traffic compliance. This can be achieved both through reasonable control of insured expenses and through smoother settlement of claims following an accident。
This section covers new interpretations, processes and pit avoidance knowledge, which can be transmitted to relatives and friends in need. What problems have you encountered in dealing with vehicle insurance。
This document is intended to provide public information, objective interpretation and public access to information on human life policies. It does not constitute any policy implementation guidance, commitment or official interpretation. Specific policy criteria, business practices, applications for subsidies are based on the latest documents issued by local government departments, official social security agencies and on-site information。
