China Motor Vehicle Traffic Accident Compulsory Insurance "policy Analysis

With the development of the society, we have entered the era of automobile. Traffic accidents have become one of the biggest killers, which will harm our lives and properties. If casualties can not get the insurance settlement in time, they can not get the legal treatment and protection, and this will definitely harm the harmony and stability of the society. It is the world-wide common practice to force all the motor vehicle owners to buy the motor vehicle accident liability compulsory insurance and to establish the social assisting fund. The compulsory insurance has been carried on for two years in our country, however, it has aroused doubts and complaints, due to the defect in policy-making, lack of relevant regulations, improper calculation and the data reliability.Being such an important policy, the government institute should base on public will, try to meet public interests, to administrate the insurance claim effectively, so as to maintain social justice, to ensure social fairness, to coordinate public interests, to promote the development of our society. The policy of the motor vehicle accident liability compulsory insurance should meet the needs of justice, fairness and openness, express the essential characteristics of the public policy. By the means of obtaining, allocating, supervising and symbolizing, to realize the freedom, safety, equality, order and prosperity of the compulsory insurance, so as to ensure the public interests of the whole society.