Do I Need Special Motorcycle Insurance?

The People's Insurance of China Motorcycle Insurance Clause, the insurance contract consists of insurance clauses, insurance policies, insurance policies, approvals and special agreements. Any agreement involving the insurance contract shall be in writing.

Chinese People's Insurance Motorcycle Insurance Clause

Product Name: Motorcycle Insurance Terms of the People's Insurance of China

Type of insurance: car insurance

Insurance company: China People's Property Insurance Co., Ltd.

Insured age: no age limit

Method of payment:

General

Article 1 This insurance contract is composed of insurance clauses, insurance policies, insurance policies, endorsements and special agreements. Any agreement concerning this insurance contract shall be in writing.

Article 2 The motorcycles in this insurance contract refer to various two-wheeled, three-wheeled motorcycles, electric vehicles and electric vehicles that are driven in the territory of the People's Republic of China (excluding Hong Kong, Macao, and Taiwan) and are powered by fuel or batteries. Handicapped cars.

Article 3 The third party in this insurance contract refers to the victims under the insurance motorcycle who, apart from the insured, the insured, and the insurer, suffered personal injury or property damage due to the accident of the insurance motorcycle.

Article 4 This insurance contract is an indefinite value insurance contract. The insurer bears the insurance liability according to the type of underwriting. Additional insurance cannot be underwritten separately.

An indefinite value insurance contract refers to an insurance contract in which the parties do not determine the insured value of the insured object in advance when entering into an insurance contract, but rather determine the insured value according to the actual value of the insured object when the insured event occurs.

Insurance duty

Article 5 Motorcycle Loss Insurance:

(1) During the use of the insured motorcycle by the insured or its permitted drivers, the insurer shall be responsible for the loss of the insured motorcycle due to the following reasons:

1. Collision, overturning and falling;

2. Fire and explosion;

3. External objects fall and collapse;

4. Storms and tornadoes;

5. Lightning strike, hailstorm, heavy rain, flood, tsunami;

6. Ground subsidence, ice subsidence, cliff avalanche, avalanche, mudslides, landslides;

7. Ferries carrying insurance motorcycles suffered from natural disasters (limited to those who have car drivers to take care of them).

(2) In the event of an insured accident, the necessary and reasonable rescue costs paid by the insured to prevent or reduce the loss of the insured motorcycle shall be borne by the insurer, up to a maximum amount of the insured amount.

Article 6 Third Party Liability Insurance:

(1) The insured or his permitted driver has an accident during the use of the insurance motorcycle, causing a third party to suffer personal injury or direct damage to property. The insurer shall be responsible for financial compensation borne by the insured according to law. Compensation.

(2) If the insured is brought to arbitration or litigation due to damage caused to a third party by the reasons listed in paragraph (1) of this section, with the prior written consent of the insurer, the arbitration or litigation costs and other costs paid by the insured shall be met, The insurer is responsible for compensation; the amount of compensation is calculated separately from the limit of liability stated in the insurance policy, up to a maximum of 30% of the limit of liability.

Insurance amount, liability limit

Article 11 The insured amount of motorcycle loss insurance shall be determined through consultation between the policyholder and the insurer within the actual value of the motorcycle during the insurance application.

Article 12 The liability limit for each accident in the third party liability insurance shall be determined through consultation between the insurer and the insurer between 20,000 and 200,000 yuan.

Exclusion of liability

Article 7 The insurer shall not be responsible for compensation for the following losses and costs of the insurance motorcycle:

(1) Natural wear, decay, failure, and individual tire damage;

(2) Car body scratches where the glass is broken alone and there are no obvious collision marks;

(3) losses caused by manual direct oil supply and high-temperature baking;

(4) loss caused by spontaneous combustion and fire caused by unknown reasons;

Spontaneous combustion means that the vehicle's electrical appliances, wiring, and fuel supply system malfunction or the cargo itself ignites.

(5) losses caused by overturning during parking;

(6) After suffering losses within the scope of insurance liability, continuing to use them without necessary repairs, causing the losses to expand;

(7) Starting in flooded and exhaust cylinder or intake pipe water, or starting the motorcycle without necessary treatment after being flooded, causing engine damage.

Article 8 The insured motorcycle causes personal injury or property damage to the following third parties, and the insurer shall not be responsible for compensation whether or not the insured should be legally liable for economic compensation:

(1) Personal injury or death of the insured and members of his or her family, or loss of all or managed property;

(2) The personal injury or death of the driver of the vehicle and his family members, the loss of all or managed property;

(3) Personal injury or property loss of other persons on the vehicle;

(4) Third party loss of business, operation, power, water, gas, production, communication interruption, and various other indirect losses;

(5) Compensation for mental damage.

Article 9 The insurer shall not be liable for compensation for the loss of the insured motorcycle, the personal injury or death of a third party, or the loss of property in any of the following circumstances:

(1) Earthquakes, wars, military conflicts, terrorist activities, riots, seizures, confiscations, government expropriations;

(2) competitions, tests, and repairs and maintenance at commercial maintenance sites;

(3) using insurance motorcycles to engage in illegal activities;

(4) Drivers use insurance motorcycles after drinking, ingesting or injecting drugs, and being anesthetized by drugs;

(5) Escape of accident caused by insurance motorcycle;

(6) losses caused by pollution (including radioactive pollution);

(7) being stolen, robbed, or robbed, or damaged due to theft, robbing, or robbing, or the parts and auxiliary equipment on the vehicle are lost, or personal injury or property loss to a third party;

(8) Depreciation of the insurance motorcycle or the property of a third party due to changes in the market price, and losses due to the decrease in value after repair;

(9) Drivers who are not allowed by the insured to use insurance motorcycles;

(10) Intentional behavior of the insured or driver.

Article 10 Other losses and expenses that are not within the scope of insurance liability.

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Term Insurance

Article 13 Unless otherwise agreed, the insurance period is one year, which is subject to the starting and ending time stated in the insurance policy.

Insurer obligations

Article 14 When underwriting, the insurer shall explain to the insurer the insurance liability, liability waiver, insurance period, insurance premium and payment method, and the obligations of the insured and the insured.

Article 15 The insurer shall promptly accept the accident report of the insured and conduct investigations as soon as possible.

If the insurer fails to conduct investigations and accept opinions within 48 hours after receiving the report, and the property loss cannot be determined, the property damage photos, loss list, accident certificate and repair invoice provided by the insured shall be used as the basis for compensation calculation.

Article 16 After receiving the claim of the insured, the insurer shall make a timely verification.

(1) The insurer shall promptly provide the insured with the claim information according to the nature of the accident and the loss; if the relevant evidence and information are found to be incomplete after reviewing the claim materials, the insured shall be promptly notified to provide the relevant evidence and information.

(2) After the insured has provided all necessary documents, the insurer shall promptly review and verify, and notify the insured of the results of the verification in a timely manner.

(3) For those who are insured, the insurer shall pay the compensation within 10 days after reaching a compensation agreement with the insured.

Article 17 The insurer is obliged to keep confidential the business and property conditions of the insured and the insured, as well as personal privacy, which are known in the insurance business.

Compensation

Article 22 When a claim is made by the insured, the insurer shall provide the insurer with certificates and information related to confirming the nature, cause and degree of loss of the insured accident.

The insured shall provide an insurance policy, a list of losses, relevant expense documents, an insurance motorcycle driving license and a driver's license in the event of an accident.

In the case of a road traffic accident, the insured shall provide an accident certificate and relevant legal documents (rules, rulings, mediations, judgments, etc.) issued by the public security traffic management department or the court.

If it is a non-road traffic accident or an accident not handled by the public security traffic management department, relevant accident certificates shall be provided.

Article 23 The insurance motorcycle or the property of a third party damaged by an insurance accident shall be repaired as much as possible. Before repair, the insured shall inspect with the insurer and determine the repair items, methods and costs. Otherwise, the insurer has the right to re-approve or refuse compensation.

Article 24 The insurer shall bear the corresponding compensation liabilities according to the proportion of the liability of the insured motorcycle driver in the accident.

Article 25 Motorcycle loss insurance is compensated in the following ways:

(1) Partial loss: Compensation shall be calculated based on the actual repair cost within the insurance amount.

(2) Total loss: Compensation is calculated based on the insurance amount.

(3) The rescue cost of motorcycle loss insurance shall be calculated separately from the compensation for motorcycle loss insurance, and the maximum amount shall not exceed the insurance amount.

If the rescued property contains property not covered by this insurance contract, the rescue cost shall be apportioned in proportion to the value of the insured motorcycle and the value of the rescued property.

Article 26 The remaining portion of the insured motorcycle after it has suffered losses belongs to the insured, the value of which shall be determined by the two parties through consultation and deducted from the compensation.

Article 27 After an insured accident occurs in the third party liability insurance, the insurer shall set the limit of liability specified in the insurance policy in accordance with the scope of compensation, items and standards stipulated in the Measures for Handling Road Traffic Accidents and the provisions of this insurance contract. compensation amount.

Without the written consent of the insurer, the insurer has the right to reassess the amount of compensation promised or paid by the insured himself. The insurer shall not be liable for compensation that does not fall within the scope of the insurer's compensation or exceeds the amount that the insurer shall pay.

Article 28 The insurer shall apply an absolute deduction of RMB 50 for the amount of compensation for each insured accident.

Article 29 In the case of repetitive insurance for motorcycles, the insurer shall be liable for compensation in proportion to the sum of the insurance amount (liability limit) of this insurance contract and the sum of the insurance amount (liability limit) of each insurance contract.

The insurer is not responsible for the amount of compensation payable by other insurers.

Article 30 The acts of the insurer in accepting reports, conducting on-site investigations, participating in litigation, defending, and providing professional advice to the insured do not constitute an insurer's commitment to liability.

Article 31 The insurance liability for motorcycle loss insurance ends when the sum of the indemnity and the deductible amount of the insured motorcycle loss in an insured accident (excluding salvage costs) reaches the insured amount or the entire loss of the insured motorcycle occurs. The insurer does not refund the premium for motorcycle loss insurance.

Article 32 After the third party liability insurance compensation amount is determined through consultation between the insurer and the insured, the insurer shall not be liable for compensation for additional claims from the insured.

Article 33 After the insured of the third party liability insurance obtains compensation, the insurance liability under the insurance will continue to be valid until the insurance period expires.

Obligations of the insured and insured

Article 18 The insured shall truthfully fill out the insurance policy and answer the inquiries raised by the insurer to fulfill the obligation of truthful notification.

Article 19 Unless otherwise agreed, the policyholder shall pay the insurance premium at one time when the insurance contract is concluded. The insurer shall not be liable for any insured accident that occurs before the premium is delivered.

Article 20 In the event of an insured event, the insured shall promptly take reasonable and necessary rescue and protection measures to prevent or reduce losses, and notify the insurer within 48 hours after the insured event occurs. Otherwise, the insurer will not be liable for the damage that cannot be determined or expanded.

Article 21 After an insured accident occurs, the insured shall actively assist the insurer in conducting on-site investigations.

The insured shall provide relevant certificates and information when claiming.

When an arbitration or lawsuit related to insurance compensation is caused, the insured shall promptly notify the insurer in writing.

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Change and termination of contract

Article 34 If the content of an insurance contract needs to be changed, it must be agreed in writing between the insurer and the policyholder.

Article 35 During the insurance period, if the insured motorcycle is resold, transferred, or donated to others, the insured shall notify the insurer in writing and go through the formalities for correction. The insurer shall not be liable for compensation if it has not gone through the correction procedures.

Article 36 Before the insurance liability begins, if the insurer requests the termination of the insurance contract, it shall pay the insurer a surcharge of 3% of the insurance premium payable, and the insurer shall refund the insurance premium.

After the insurance liability begins, if the policyholder requests the termination of the insurance contract, the insurance contract shall be terminated from the date of notification to the insurer. The insurer collects the insurance premium at the short-term monthly rate from the date when the insurance liability begins to the date when the contract is terminated, and refunds the remaining insurance premium.

Dispute resolution

Article 37 Any dispute arising from the performance of this insurance contract shall be resolved by the parties through consultation.

If the negotiation fails, it shall be submitted to the arbitration commission specified in the insurance policy for arbitration. If the insurance policy does not specify the arbitration institution or an arbitration agreement has not been reached after the dispute has occurred, the people's court of the People's Republic of China can sue.

Article 38 The dispute settlement of this insurance contract shall be governed by the laws of the People's Republic of China.

Short-term monthly rate table

Insurance term (month)	1	2	3	4	5	6	7	8	9	10	11	12
Short-term monthly rate (%)	10	20	30	40	50	60	70	80	85	90	95	100

Note: If the insurance period is less than one month, it is calculated as one month.

Other

Article 39 The insurer calculates the insurance premium in accordance with the motor vehicle insurance rate regulations approved by the insurance supervision department.

Article 40 On the basis of third party liability insurance, the insured may add liability insurance for persons on board the vehicle.

If the additional insurance clauses conflict with this insurance clause, the additional insurance clauses shall prevail; for matters not covered by the additional insurance clauses, these insurance clauses shall prevail.