Is a Vehicle Damage Assessment Exceeding 10,000 Yuan Considered a Major Accident?

1 Answers
StKyle
07/30/25 7:00am
This depends on the specific vehicle and related information. Below is some information regarding vehicle damage assessment: 1. Assessment Time: If the damage occurs locally, the insurance company can complete the vehicle damage assessment within one business day. If the damage occurs in another location, it may take one to three business days to complete the assessment. After the assessment, the repair time can be inquired about at local repair shops. 2. Points to Note: Insurance companies do not cover loss of income, so it is recommended to negotiate a settlement, as there are no clear legal provisions on this matter. 3. Inspection and Assessment: Inspectors must complete on-site inspections and assessments within one business day after receiving notification from the insurance company's internal staff (for damages occurring in another location, the inspection can be delegated to the local insurance company to be completed within three business days). Customers are required to provide relevant documents and will be guided on how to fill out the necessary claim forms.
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