How much do I have to pay? One year, if Magotan 2.0 was manual in 2009.

Second, do you need to buy all insurance for second-hand car loans?

No need.

During the loan period, a major traffic accident occurs and the vehicle is damaged, so the owner is likely to encounter greater economic risks. Correspondingly, the lending risk of banks will also increase. You need to buy car insurance.

The requirements for purchasing insurance are as follows:

1. No matter what kind of guarantee method is used to apply for personal car purchase payment, the borrower must purchase auto commercial insurance. The minimum types of commercial insurance purchased by the borrower shall not be less than vehicle loss insurance and theft insurance, and the uninsured amount shall not be less than the sum of loan principal and interest;

2. The special agreement in the original insurance policy must indicate: Shenzhen ××× Sub-branch (fill in the name of the handling bank) ".

② This policy shall not be revoked without the written consent of the first beneficiary.

(3) When the vehicle is totally lost, presumed totally lost or stolen, the auto insurance compensation shall be paid in advance or in advance. Where loans are provided by professional guarantee institutions, commercial insurance institutions and insurance companies shall bear all the responsibilities.

3. Insurance claims Because our insurance policy is the first payment, the insurance company usually requires us to issue the "car loan repayment 8" first, and this certificate can only be issued if the borrower is found.

3. Do I need to buy all insurance for second-hand car loans?

No need.

During the loan period, a major traffic accident occurs and the vehicle is damaged, so the owner is likely to encounter greater economic risks. Correspondingly, the lending risk of banks will also increase. Therefore, the bank requires a loan to buy a car and must buy auto insurance.

The requirements for purchasing insurance are as follows:

1. No matter what guarantee method is adopted to apply for personal automobile consumption loan, the borrower must purchase automobile commercial insurance within the loan period. The commercial insurance types purchased by the borrower are at least not lower than vehicle loss insurance and theft insurance, excluding deductible, third party liability insurance and spontaneous combustion insurance; The insured amount shall not be less than the sum of the loan principal and interest;

2. The original insurance policy must be specified in the special agreement: "

① The first beneficiary of this policy is China Bank Co., Ltd. Shenzhen XXX Sub-branch (fill in the name of the handling bank) ".

② This policy shall not be revoked, reduced or modified without the written consent of the first beneficiary ".

(3) When the vehicle is totally lost, presumed totally lost or stolen, the auto insurance indemnity shall be repaid first or the bank loan shall be repaid in advance. The words "; If the loan is fully guaranteed by a professional guarantee institution or insurance company, the guarantee institution or insurance company is solely responsible for the tracking and renewal of commercial insurance.

3. Insurance Claim Because I am the first beneficiary of the insurance policy, when the vehicle is out of danger and needs to be paid, the insurance company usually requires us to issue the Certificate of Repayment of Automobile Loan first (Annex 4-8). Only when the borrower's repayment is found to be normal can the business initiating department issue this certificate.

Matters needing attention in expanding data auto insurance claims

A clear copy of the "three certificates and one form" of the motor vehicle carried with the vehicle, namely the owner's ID card, driver's license, driving license and insurance policy. I would like to remind you that the insurance cards of many insurance companies are no longer used as proof of claims.

Second, it is very important to report accidents in time, especially major accidents. When you call an insurance company to report a case, you need to provide basic information such as policy number, time and place of the accident, and nature of the accident.

Three, temporary license vehicles generally only apply for short-term insurance, and there is a prescribed route and time, accident insurance companies will not be liable for compensation within the prescribed route and time.

Four, when the vehicle is out of danger in different places, it should be reported to the insurance company in a timely manner, and the loss-fixing personnel at the place where the vehicle is out of danger will conduct survey and determine the loss. Compensation fees are generally valued according to the industry standards of dangerous places.