In recent years, new energy vehicles have shown explosive growth, but the special insurance for new energy vehicles has not been issued yet, which is becoming a major obstacle to its development. On November 13, the 2019 (fourth) China auto and insurance big data industry summit forum was held in Beijing, where the report on the development of China auto and insurance big data (2019) (referred to as the report) was released to make suggestions on the development of new energy auto insurance.
The report has several suggestions on the development of new energy vehicle insurance: it is suggested that the risk factors of vehicle models should be included in the pricing model, the price of spare parts and maintenance costs should be studied, the pricing should be based on the use of new energy vehicles, the impact of battery performance on the risk should be evaluated, and the matching between premium pricing and vehicle value should be realized.
In view of the current sales mode of "vehicle electricity separation" of new energy vehicles, the report also suggests that the whole vehicle and battery insurance of new energy vehicles should be treated differently, and two different versions of insurance terms including battery and excluding battery should be adopted. These suggestions mean that consumers can enjoy more complete and economic exclusive insurance for new energy vehicles in the future.
The new energy vehicle technology is very different from the traditional fuel vehicle in terms of power system, and the daily actual use situation is also very different from the traditional fuel vehicle. When purchasing new energy vehicles, people pay more attention to endurance mileage and battery safety than traditional problems such as painting, interior decoration and power.
However, at present, the difference of insurance between fuel vehicles and new energy vehicles is not obvious. For example, in terms of vehicle damage insurance, the main insurance liabilities of new energy vehicles, such as collision, overturning and rescue costs, are similar to those of traditional fuel vehicles. However, the fire (different from spontaneous combustion), explosion caused by battery and other new risks are not fully covered. Due to the lack of relevant policy terms, it will be difficult for owners of new energy vehicles to claim for compensation in case of such accidents.
According to the report, in order to promote the sustainable and healthy development of the new energy vehicle industry, insurance companies and regulators need to distinguish fuel vehicles and new energy vehicles by considering technical factors and risk characteristics, and formulate appropriate insurance policies. At present, insurance companies need to pay attention to the following three aspects:
First of all, from the perspective of battery safety, the safety of battery management system, battery use environment, battery type and installation location have an important impact on the safety of new energy vehicles, which is an aspect that insurance companies need to pay special attention to.
Secondly, from the perspective of battery leasing mode, some new energy vehicle manufacturers have begun to adopt pure electric vehicle battery leasing scheme, the core content of which is to divide the vehicle into battery and vehicle, and develop different leasing and sales modes. The scheme can reduce the purchase price of new electric vehicle and increase the attraction to consumers. However, this mode may result in different vehicle and battery owners, and there is a problem of liability identification in terms of insurance.
Finally, the residual value of new energy vehicles is relatively low, and there is no unified battery evaluation standard in China, so the second-hand car evaluation may bring additional risks to insurance companies.
