How much is car damage insurance?
Car damage insurance compensation: Car damage insurance is divided into total loss, partial loss and rescue expenses according to the loss of the insured vehicle, and the compensation amount for the loss of the insured vehicle is calculated separately, but does not exceed the insured amount. Car damage insurance stipulates that when the insured or its permitted driver has an insured accident while driving the insured vehicle, the insurance company shall compensate the insured vehicle within a reasonable range.
Specific compensation steps are as follows:
1. The insurer shall make compensation according to the following provisions according to the claim documents provided by the insured:
1, if the whole vehicle is lost, the compensation amount shall be calculated according to the relevant provisions in Article 3 of this clause;
2. For the loss of the whole vehicle, an absolute 20% deductible will be implemented for each compensation;
3. If the insured fails to provide the insurer with the proof of theft and robbery case issued by the public security criminal investigation department at or above the county level and the vehicle has stopped, the insurer shall not be liable for compensation.
2. After the insurer confirms that the claim documents are complete and effective, the insured signs the transfer of rights and interests to settle the claim.
1, the vehicle glass is broken separately, excluding lamps and rearview mirrors;
2. Intentional behavior of the insured or its driver, and damage caused in the process of vehicle installation and maintenance.
How to handle vehicle loan The handling method of vehicle loan is as follows:
1. Go to the lending institution to settle the loan before going through the mortgage formalities;
2. After completing the loan settlement procedures, prepare the materials required for the mortgage cancellation procedures in advance, including the Application Form for Motor Vehicle Mortgage Registration or Pledge Filing, the power of attorney issued by the mortgagee, the identity certificate of the mortgagee, the owner's ID card, driving license, etc. ;
3. Take the prepared materials to the vehicle management office to understand the procedures;
4. The staff of the vehicle management office shall review the materials released from custody;
5, after the audit is correct, understand the charges and return the motor vehicle registration certificate.
legal ground
Provisions on Compulsory Motor Vehicle Traffic Accident Liability Insurance Article 21 If a road traffic accident happens to an insured motor vehicle, resulting in personal injury or property loss to the victim other than the person on board and the insured, the insurance company shall make compensation within the limits of compulsory motor vehicle traffic accident liability insurance according to law.
The loss caused by the road traffic accident is intentionally caused by the victim, and the insurance company will not compensate.