Tuesday, November 16, 2010

Repeat on whether the car is much more copies of the insurance compensation

Ms Chu readers: I want to repeat the car insurance, ask whether the incident could be more than compensated?

Tianjin, China Insurance Regulatory Commission Authority: In auto insurance, the double insurance is the same car for the same risk, respectively, to two or more insurance companies car insurance. "Insurance Law" states: double insurance, each insurance company the total amount of compensation shall not exceed the insured value. That is, repeat the insurance can only get a compensation. So, do not insure the same car more than the same car insurance.

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