According to bank regulations, a special agreement must be added when the loan is used to buy a car or insurance, that is, the first beneficiary is the loan bank. Once an insurance claim occurs in the future, if the repayment is made on time without delay, the ID card, driver's license, traffic accident responsibility confirmation and maintenance invoice or list will be provided to the bank after the accident, and the bank will go out to confirm the claim payment to the owner, and then the owner will pay the relevant maintenance expenses.

Insurance claim settlement refers to the behavior of the insurance company to perform the compensation or payment responsibility according to the contract when the property or personal life of the insured is damaged due to an insurance accident, or when other insurance accidents agreed in the policy require payment of insurance money, which directly embodies the insurance function and fulfills the insurance responsibility.

To put it simply, insurance claim settlement is the behavior of the insurer to deal with the claim made by the insured after the risk accident of the subject matter insured occurs. In insurance management, insurance claim settlement is the concrete embodiment of insurance compensation function.

Articles 22 and 23 of the Insurance Law stipulate that, after an insurance accident occurs, when claiming compensation or paying insurance money from the insurer in accordance with the insurance contract, the applicant, the insured or the beneficiary shall provide the insurer with the certificates and materials they can provide to confirm the nature, cause and loss degree of the insurance accident.

In accordance with the provisions of the insurance contract, the insurer shall notify the applicant, the insured or the beneficiary to supplement the relevant certificates and materials if it considers that the relevant certificates and materials are incomplete.

Baidu encyclopedia-insurance settlement of claims

How to deal with the loan after the car bought with the loan has a traffic accident?

When a bank issues a personal car loan, it will require the beneficiary on the policy to be the loan bank. For larger claims, insurance companies need to seek the opinions of lending banks. If the loan bank demands compensation, the insurance company will pay the money to the loan bank, and the loan bank will directly repay the lender's loan principal and interest.

Car is mainly to actively assist insurance companies to complete vehicle survey, photography, damage assessment and other necessary work. Before closing the case, you should know how much responsibility you should bear in the accident, how much you lost, and how much the compensation fee for the injured person is, and then ask the insurance company what can and can't be compensated to minimize the loss.

At the same time, when looking for a rescue company trailer and repair shop to repair the car, the owner should communicate with the insurance company on the price issue in time to avoid a big difference between the quotation of the rescue company or repair shop and the compensation price of the insurance company.

Extended data

For the loss of the vehicle that was not found during the damage assessment, the insurance company should be informed in time, and the insurance company will conduct a second survey to determine the damage, so that the owner does not have to pay for this extra loss. Because the insured accident is damaged or the property of a third party is damaged, it should be repaired as much as possible.

Before repair, the insured shall check with the insurance company to determine the repair items, repair methods and repair costs. If the customer repairs by himself, the insurance company will re-approve or even refuse to pay compensation. After the vehicle is repaired, it is necessary to check the repair quality before paying the repair fee and going through the formalities of picking up the car.