1. Is the approved repair cost greater than or equal to the actual value of your car at the time of the accident?

2. (Estimated rescue cost+approved repair cost) is greater than or equal to the actual value of your car at the time of the accident.

3. It is estimated that the rescue cost is greater than or equal to the actual value of your car when it is in danger.

4. If you have a bicycle accident; Car damage compensation = the actual value of the car at the time of the accident-residual value; In addition, the actual value at the time of the accident = the purchase price of the new car at the time of the accident x (1- months of use x monthly depreciation rate).

Extended data:

On the ownership of auto insurance claims when the vehicle is scrapped during the loan period;

According to the special agreement in the insurance policy, it is indicated that the first beneficiary of the insurance policy is the company that lends money.

Of course, this is only available in the commercial insurance policy, and, in theory, it is only stipulated in the commercial car damage insurance, and the commercial third insurance is not within this scope. General insurance companies will not separate car damage insurance from commercial insurance. ?

Insurance companies will ask for proof of repayment, proving that they can repay on time, and they can pay if there is no debt. ? Generally, the loan company will ask for a copy of the loss list of the vehicle and other materials (just ask the insurance company for these), and then issue a loan repayment certificate or a certificate of agreement to pay.