Compulsory Automobile Third Party Liability Insurance

With the reform and opening up to the outside world, China' s economy has developed rapidly. Vehicle protect amount and traffic accidents increase drastically. So do the compensation cases caused by the traffic accidents and the amount of compensation. Hereto,《The People' s Republic of China Transport Authority》which enforced on 1^st May, 2004 clearly define the enforcement of compulsory automobile insurance liability. On 1^st July, 2006, as one of the complementary law and regulation , the《Compulsory Automobile Third Party Liability Insurance》was carried out. On 1^st July, 2007,《Vehicle Traffic Accident Liability Forced Insurance Floating Rate Tentative Method》Began to be put into practice. However, there are some disputes over the relevant problems such as how to make the insurance premium, blameless duty problem, social relief fund, and floating of rate appear in the insurance industry, legal profession and insurance applicant It has become the focus of all the society that how to handle the relations between insurance applicant, insurer and victim and meanwhile keep one eye on social benefit and market benefit.Our article pays great attention to problems and arguments which exist in the going《Compulsory Automobile Third Party Liability Insurance》and《Vehicle Traffic Accident Liability Forced Insurance Floating Rate Tentative Method》, explore the compulsory automobile insurance liability system, qualitative and quantitative analyze the regulation of insurance rate and floating of rate.Chapter 1 introduce the meaning of the compulsory automobile insurance liability and the difference between commercial third party liability insurance; chapter 2 introduce the present situation of the compulsory automobile insurance liability system of our country and analyze the significance of enforcing the compulsory automobile insurance liability ; chapter 3 explore the current compulsory automobile insurance liability in the developed countries like Britain and USA; chapter 4summarize the difference between our country and foreign countries on the basis of analyzing the compulsory automobile insurance liability of Britain and USA, meanwhile introducing the progress in system researching; chapter 5 analyze the problems of transport accident social relief fund and the responsibility for the claim within the scope of coverage from the theory and practical point of view, and provides some relevant suggestions. ; chapter 6 analyze the current existed problems in terms of the principle of defining compulsory automobile insurance liability rate and the influences of carrying out compulsory automobile insurance liability to automobile loss ratio and provide some suggestions; chapter 7 put forward some suggestions of how to improve the floating on the basis of quantitative analysis of insurance rate floating model.Compulsory Automobile Third Party Liability Insurance is playing an active role in helping the victim of traffic accidents to get the legal compensation and perfect the traffic safety. Although we provide the principle of covering insurance and compensation , it is imperfect. Thus, this paper provide the compulsory automobile insurance liability system which suit the specific condition of our country on the basis of exploring the compulsory automobile insurance liability and learning the other foreign developed countries. It has its realistic significance.