The premium of new energy commercial vehicle insurance exceeded 100 billion yuan for the first time in 2024.

On January 16th, Jin10 Data learned from the industry that in 2024, the premium income of new energy commercial vehicle insurance is about 117.7 billion yuan, a rise of 52.93% year-on-year. This is also the first time that the annual premium of new energy commercial vehicle insurance has exceeded 100 billion yuan. At the same time, new energy commercial vehicle insurance has already paid out about 58.7 billion yuan in claims, a rise of 63.47% year-on-year. Looking at the overall situation of the entire auto insurance industry (including commercial insurance and compulsory insurance), in 2024, auto insurance premiums will rise by 4.52% year-on-year, and claims paid out will rise by 9% year-on-year. It can be seen that whether it is premium income or claims paid out, new energy commercial vehicle insurance is showing a rapid rising trend. Industry insiders believe that from the trend perspective, new energy vehicle insurance is bound to be the protagonist of the incremental market for vehicle insurance, and the problem of high claims for new energy vehicle insurance still needs to be continuously explored and solved in practice.