Automobile insurance, ' relatively stable ' form

According to preliminary statistics of the Department of management, the insurance supervision Department (Ministry of Finance), the first 6 months, motor vehicle insurance continues to be the leading business revenue than the other services, although the decrease of 3% compared with the same period in 2013, reached 2,424 billion.

Motor vehicle insurance is still considered one of the leading retail products and continues to be the insurance companies push the harness in order to offset the other services are being reduced. These companies are tapping the motor vehicle insurance is quite good on the market today including insurance, PJICO, PTI, PVI, Bao Minh, MIC, Liberty ...




Represents a non-life insurance business, said, with regard to motor vehicle insurance business, new sales contract number is still rising. However, many customers trying to save on premiums by not buying additional products such as accident insurance for people sitting on the car or the voluntary liability insurance. The amount the client refused to renew because of economic difficulties has tended to rise higher before.

In General, motor vehicle insurance plate tends to decrease, but the insurer expected, this reduction is not extended into the third quarter and the fourth quarter/2014. The economy continued to recover along with best auto insurance the sales of new cars of Autos are rising up pretty strong foundation for this belief.

Meanwhile, a representative of insurers share, currently, some big cars want to increase in sales should have actively approached the reputable insurance companies to donate link insurance for customers to purchase the car. In addition, not least the Bank are the development of bancassurance (insurance sales through banks) should also actively seek insurance partner to cooperate.

"The trend in the coming time, the Bank will closely and considered the provision of insurance services is a vital profession brings in revenue. The Bank will probably create more conditions for motor vehicle insurance development, "said representative and said that the insurer was the Bank choose to co-operate not because of cheap fee or Commission high, that would be the business for good products and services, bringing promising high returns for long term partners.

According to experts in the industry, 6, 2014, turnover of motor vehicle insurance business in decline, but in return, the rate of compensation at high levels of the previous year has dropped close to standard compensation rate of best auto insurance.