Research On The Combination Model Of Automobile Liability Insurance

With the development of the times,the rapid economic development,China has entered the automotive age.the car bring convenience at the same time,car was likened to the great scourges,bring great loss to our country’s traffic and pedestrians.In order to find a solution,countries regulate the motor vehicle compulsory insurance in different systems.China has reformed the foreign legislation and learned the experience of the commercial third party liability insurance,and operating with Business insurance company’s business system.Take the principle of no profit and no loss,In order to ensure maximum protection of victims of traffic accidents,it excludes the exemption from liability in commercial insurance,and ake the principle of strict liability.However,the current system has many defects,such as small scope of compensation,lower limits of indemnity,unreasonable division of compensation,which results in inadequate protection of victims and further increasing the burden of the insured.The insurance companies have showed deficits for many years running because of the unprofessional premium rate making and floating rate mechanism.The purpose of commercial third party liability insurance is not to protect the victims of traffic accidents,but the insured to disperse the risk,so take the fault liability.On the contrary,the main purpose of the commercial three liability is to distract the risk of the insured,rather than to protect the victim,therefore,the use of fault liability system.At the same time,it has developed a higher limit of compensation,professional premium determination and floating rate mechanism,there is no sub-compensation limit,played a role in protecting the victim.Therefore,I believe that the two systems can be combined to give the victim a direct request to achieve at the same time in favor of insurance companies,insured and victims of the purpose.