Is Electric Vehicle Insurance the Same as Gasoline Vehicle Insurance?

[DelClaire]

New energy vehicle insurance is the same as fuel vehicle insurance. Since the premium price of auto insurance is determined by the vehicle price, and the state has not yet introduced exclusive insurance clauses for new energy vehicle models, new energy vehicles still follow the fuel vehicle insurance system. The insurance price will refer to the pre-subsidy vehicle price. Relevant information about compulsory traffic insurance is as follows: 1. Introduction: The full name of compulsory traffic insurance is 'Compulsory Traffic Accident Liability Insurance for Motor Vehicles.' It is a mandatory liability insurance where the insurance company compensates for personal injury, death, and property damage (excluding the vehicle occupants and the insured) caused by road traffic accidents involving the insured motor vehicle within the liability limits. 2. Necessity: Compulsory traffic insurance ensures compensation for victims of motor vehicle road traffic accidents and promotes road traffic safety. It provides timely and basic protection for victims of traffic accidents.