What is the 2021 Automobile Three Guarantees Law?
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Automobile Three Guarantees Law refers to the three guarantees for automobiles, namely repair, replacement, and return of automobiles. The details are as follows: Repair: If the repair takes more than 5 days, the owner has the right to use a spare car. Replacement: If the same fault is repaired more than 5 times, the car can be replaced. Return: If the engine is replaced twice and still does not function properly, the car can be returned. Relevant information is as follows: Article 21 of the regulation: If the insured motor vehicle causes personal injury, death, or property loss to victims other than the personnel of the vehicle and the insured in a road traffic accident, the insurance company shall compensate within the limit of the compulsory insurance liability for motor vehicle traffic accidents according to the law. If the loss of the road traffic accident is intentionally caused by the victim, the insurance company shall not compensate. Article 22: The insurance company shall advance the rescue expenses within the limit of the compulsory insurance liability for motor vehicle traffic accidents and has the right to recover from the person causing the harm.