Browse

Antiques Collectibles Apparel Baby Kids Items Books， Movies And Music Electronics Free Stuff Garden Outdoor Health Beauty Home Goods Home Improvement Supplies Musical Instruments Office Supplies Pet Supplies Sporting Goods Ticket Toys Games Transportation Others

Used Cars New Cars Others

Business Crafts Design And Web Events Home Improvement Legal Lessons Personal Pets Photography Repair And Technical Support Wellness Writing， Translation， And Transcription Others

Activities & Groups Artists & Musicians Classes & Lessons Events Friendship & Networking Lost & Found Rideshare Sports Teams Volunteers Travel & Travel Partners Skills & Language Swap Other

What is the calculation formula for car insurance premiums?

1 Answers

LilaDella

07/30/25 4:08am

Here is a detailed introduction to the calculation formulas for car insurance premiums: 1. Vehicle Damage Insurance: Vehicle Damage Insurance Premium = (Base Premium + Vehicle Purchase Price × Rate) × Discount Factor. Vehicle Damage Insurance refers to compensation provided by the insurance company within reasonable limits when the insured or an authorized driver causes damage to the insured vehicle in an accident. The premium for Vehicle Damage Insurance is closely related to the vehicle's purchase price and the number of seats. 2. Third-Party Liability Insurance: Third-Party Liability Insurance Premium = Base Pure Risk Premium / (1 - Additional Expense Rate) × Discount Factor. Third-Party Liability Insurance covers compensation for personal injury or direct property damage to third parties (excluding the driver and passengers of the insured vehicle) in an accident, as stipulated by the insurance company. 3. Comprehensive Theft Insurance: Theft Insurance Premium = Base Premium + Insured Amount × Rate. Comprehensive Theft Insurance provides compensation for losses caused by the theft or robbery of the entire vehicle. After a theft or robbery incident, if the vehicle is not recovered within 60 days of being reported to the police, the policyholder must provide documents such as the vehicle registration certificate, vehicle license, and purchase invoice to prove the vehicle's origin and legality in order to receive the claim payment.

Was this review help?

3

0

Share

More Forum Discussions

What Causes Tire Cracking?

Tire cracking is primarily caused by external damage-induced cracking and aging-related cracking. Here are the specific details: 1. External damage-induced cracking: This type of cracking typically occurs in irregular locations, shapes, and sizes, resulting from collisions, compressions, or scrapes with foreign objects while driving. Some cracks only affect the rubber surface, while others may damage the tire's carcass cords, with severe cases leading to sudden tire deflation. Generally, minor surface cracks that only affect the rubber do not impact tire safety and can continue to be used. However, if the cracks penetrate deep into the carcass cords or cause cord damage, they pose a safety hazard and must be replaced as soon as possible. 2. Aging-related cracking: This type of cracking usually occurs in the later stages of tire usage, commonly seen on the tire shoulders or lower sidewalls, and sometimes at the base of tread grooves. It is a natural change in the tire rubber due to long-term flexing and heat generation. Prolonged driving with low tire pressure can accelerate this process, but it typically does not affect the tire's service life or safety performance, and early replacement is generally unnecessary.

What to Do When the Buick GL8 Air Conditioning Suddenly Stops Cooling?

If the air conditioning stops cooling, it may require refrigerant replacement, a faulty compressor clutch, or a damaged compressor. The car's air conditioning is a crucial comfort feature, especially unbearable during summer drives without it. Below are the functions of car air conditioning: 1. Temperature Regulation: This is the primary function of car air conditioning. In summer, the cooling system generates cold air to lower the cabin temperature; in winter, except for large commercial vehicles that use independent combustion heaters, most vehicles utilize residual heat for warming. 2. Humidity Regulation: Humidity significantly affects passenger comfort. Cabin humidity should generally be maintained between 30% and 70%. Standard car air conditioners do not regulate humidity; only ventilation systems or advanced luxury car integrated heating and cooling systems can adjust it. 3. Airflow Regulation: Airflow speed and direction greatly impact comfort. Direct airflow should be limited to a certain range when temperatures are appropriate. The speed can be adjusted based on passengers' living environment, age, health, and temperature preferences. 4. Air Purification: Cabin air quality is essential for comfort.

Why is the BMW M6 rarely seen?

Due to poor sales, the BMW M6 has been discontinued since the 2016 model year. The specific reasons are as follows: 1. Price factor: The price of the BMW M6 has deterred many consumers. Even for those who can afford it, older users tend to prefer other luxurious and comfortable models, while younger buyers would rather purchase more stylish and eye-catching sports cars at the same price point. 2. Environmental factors: In the domestic automotive market, performance cars have always been relatively niche. This is not only because China's car culture started relatively late but also due to the dense population, where traffic congestion and speed limits are ubiquitous, leaving very little room for performance cars to shine. As a result, people generally prefer to buy more comfortable and practical models. 3. Insufficient product strength: In terms of product positioning, the main competitors of the BMW M6 are the Mercedes-Benz CLS63 AMG and the Mercedes-Benz CL600. The price of the Mercedes-Benz CLS63 AMG is much cheaper than the M6, not to mention the strong competition from Audi in the market. This has led to the already limited market share being further divided.

How to Drain Gas from a Motorcycle?

Motorcycles have a fuel tank switch located at the bottom left side of the tank. By disconnecting the fuel hose from the switch and opening it, you can drain the gasoline from the tank, although the process may be somewhat slow. If you switch to the reserve tank position, you can essentially empty all the gasoline from the tank. Here are some additional tips: 1. Break-in Period: The break-in period is crucial for motorcycles. The first 1,500 kilometers are particularly important for a new motorcycle. During this phase, it's advisable not to use the motorcycle at full load and to maintain a steady speed while riding, which can extend the motorcycle's lifespan. 2. Warm-up: Pay attention to the warm-up process before riding. In summer, it's recommended to warm up the motorcycle for about two minutes, while in winter, it's best to warm it up for more than three minutes. This helps protect all components of the motorcycle. 3. Cleaning: Regular cleaning is essential when riding a motorcycle, as many parts are exposed to the external environment. It's recommended to clean the motorcycle at least twice a week to reduce dust accumulation and improve its efficiency.

What is the normal tire pressure for the Changan CS55?

The normal tire pressure for the Changan CS55 is between 2.3 and 2.5 bar. The following explains the relationship between tire pressure and vehicle performance: Relationship between tire pressure and load capacity: Tire pressure is an indicator of a vehicle's load capacity. The load capacity of a vehicle depends on the level of tire pressure. The higher the tire pressure, the greater the load capacity, and vice versa. Relationship between tire pressure and vehicle dynamics: When a vehicle is driving at a constant speed on a level road, it must overcome rolling resistance from the ground and air resistance. When tire pressure decreases, the rolling resistance coefficient increases rapidly. This is because lower tire pressure causes greater deformation of the rolling tire, leading to increased hysteresis loss. Relationship between tire pressure and vehicle handling stability: Cornering stiffness is a critical parameter that determines a vehicle's handling stability. Tires should have high cornering stiffness to ensure good handling stability. Tire pressure is a key factor affecting cornering stiffness—the higher the tire pressure, the greater the cornering stiffness.

How to Fix the ESC Warning Light in Buick Excelle?

Buick ESC warning light on indicates that the vehicle's Electronic Stability Control system is not working. The ESC system mainly consists of three parts: sensors, actuators, and the Electronic Control Unit (ECU). A malfunction in any of these components can cause the ESC warning light to illuminate. When the ESC light comes on, you can try restarting the engine, pressing the ESC off button on the vehicle, and then restarting it again. Below is an introduction to the Buick Excelle: 1. Exterior Design: The all-new Excelle adheres to Buick's "Dynamic and Fluid" design language, drawing inspiration from the classic elements of the Riviera concept car. The body design is sporty yet sophisticated, showcasing the Excelle's bold, minimalist, elegant, and dynamic style. The new winged chrome grille, combined with black piano vertical grille and high-gloss chrome winged grille, naturally draws the visual focus to the emblem. Additionally, the winged grille extends horizontally to the headlights, enhancing the horizontal visual effect and overall cohesion of the front end. 2. Powertrain: The all-new powertrain includes a 1.3T+48V mild hybrid engine and the classic 1.5L-DVVT four-cylinder engine, balancing power, fuel efficiency, and an excellent driving experience. Multiple options cater to different consumer needs, delivering an efficient and agile driving experience.

Trending Ranking

What Maintenance Should Be Done at 100,000 Kilometers for a Car?

Does Geely Auto meet China VI emission standards?

What is the solution for the black screen issue in the Magotan?

What are the differences between Lexus NX200 and NX300?

What Causes the Car's Warning Light to Illuminate and the Engine to Shake?

What Causes the Malibu to Feel Sluggish and Lack Power During Acceleration?

What is the RPM for shifting from first gear to second gear?

What is the repair method for a self-priming pump that keeps running without stopping?

What is the solution when the BYD G6 cannot detect the key?

What are the reasons for the car body crossing the line during reverse parking?

More Forum Discussions

What is the difference between Cadillac 25t and 28t?

What to Do When the Coolant Light Comes On?

How to Handle Rear Wheel Skidding to the Right on Muddy Roads?

What causes the Volvo XC60 engine to overheat and reduce speed?

Help

Cookie

Cookie Settings

© 2025 Servanan International Pte. Ltd.