Why Doesn't Passenger and Driver Insurance Have Electronic Policy?

[DiHarley]

Passenger and driver insurance does not have an electronic policy, as long as there is a paper policy, it will not be affected. Here is the relevant introduction: Introduction to passenger and driver insurance; Passenger and driver insurance provides coverage for the driver and passengers in the vehicle. In the event of an accident, the insurance company needs to compensate for the personal safety of the driver and passengers. The main difference between passenger and driver insurance and seat insurance is that passenger and driver insurance follows the person. Coverage of passenger and driver insurance: Passenger and driver insurance is passenger and driver accident insurance. The coverage of passenger and driver insurance includes airplanes, trains, ships, and other means of transportation that the insured takes. The main coverage responsibilities include accidental death, accidental disability, and accidental medical expenses.

[LouisLee]

Last time I bought car insurance, I specifically asked about this. They said the policy system for additional insurance like passenger liability insurance is quite different from the main insurance. Insurance companies need to develop separate interfaces for digitization, making the process much more complex than compulsory traffic insurance. I was also puzzled why I couldn't find it in the mobile app before, only to discover that each renewal was tucked in the paper contract folder. It might be due to risk pricing mechanism issues – passenger liability insurance involves frequent personnel changes, making electronic evidence prone to disputes. Some small insurance companies have outdated systems that can't even handle electronic signature verification. A friend did complain about slow claims, probably related to this. However, the insurance regulator has introduced new regulations now, and I heard they're promoting a unified platform. Things will gradually catch up in the future.

[DiFaith]

Basically, it's just that insurance companies find it troublesome! The premiums for additional insurance are low and the profits are thin, making it too costly to develop a dedicated electronic system for them. The claims adjusters I know say that paper policies are more convenient for on-site verification, especially during multi-party accidents where identity verification needs to be quick. Integrating electronic platforms with public security systems is challenging, and the risk of fake policies is harder to control. Many auto insurance clauses are ambiguously written, and switching to electronic versions makes it easier for users to nitpick. However, with smartphones now widespread, younger people prefer electronic versions. I think insurance companies will eventually have to upgrade—after all, it saves on printing and mailing costs—but I’m afraid they’ll just pass the costs onto the customers.

[LaneAnn]

From a technical perspective, the main bottleneck lies in the digital signature authentication process. While standard auto insurance e-policies can use CA certificates, ride-hailing insurance involves variable insured party identities. For example, in carpooling scenarios with temporary passengers, the real-time verification mechanism on the APP side is inadequate. When I tried applying for an e-policy on the insurer's official website, the system indicated this insurance type doesn't support digital certificate encryption. An IT department contact mentioned their backend data pools aren't interconnected - the driver's license, vehicle registration, and policy information databases operate independently. Additionally, inconsistent regulatory requirements across regions complicate matters, with some provinces still mandating handwritten signatures for record-keeping. With blockchain technology now more mature, this issue will likely be resolved.