Vehicle insurance is about to expire. It will only cost more than 3300 yuan to renew the insurance premium directly to the insurance company, while the insurance premiums for car insurance sold by car dealers will be 4500 yuan.

A recent personal experience of a consumer in Chongqing has revealed how car dealers can use profiteering insurance to make profits.

In August 2006, Ms. Zhang bought a Fukang car at a car 4S store in Nan'an District, Chongqing. In addition to buying 4800 yuan insurance on the spot, she also paid 2000 yuan of insurance deposit and signed a mortgage purchase agreement. She promised to insure the designated Ping An Property Insurance Company every year for three years. The insurance coverage includes vehicle damage insurance, theft insurance, third party liability insurance, seat insurance and no deductible.

The insurance business is about to expire at the end of 8 this year. The car dealer told Ms. Zhang that because of her less claims last year, the insurance company will give premiums on the premium, and the premium will be only 4500 yuan.

Just when Ms. Zhang was preparing to pay for the car dealer, she just received the notice from the Chongqing branch of Ping An Property Insurance Company. This year, the premium rate for vehicle insurance premiums is more than 3300 yuan.

Why do you buy the same kind of insurance from the same insurance company? Why does the price differ by more than 1200 yuan? The explanation of this car dealer is that according to the relevant regulations of the insurance company, because Ms. Zhang is a mortgage buying car, she can not enjoy other privileges, so the premium is 4500 yuan.

In this regard, the person in charge of the Chongqing branch of Ping An Property Insurance Company immediately gave a refutation.

The person in charge said that Ping An insurance company would never force consumers to buy expensive insurance, nor have they issued similar regulations for users of mortgage purchase.

Telephone insurance is eliminated because the intermediate links are eliminated, premiums are more favorable, and insurance is increased through salesmen or agencies. The agency fee is increased, and the price is higher, but consumers can choose to buy them.

After the lie was exposed, the car dealer could only agree with Ms. Zhang's independent purchase of insurance.

However, the dealer still left the "one hand" - the insurance deposit deposited by Ms. Zhang at the expense of 2000 yuan can be deducted 1000 yuan annually.

However, the dealer said that since Ms. Zhang is buying insurance herself, the 2000 yuan deposit can only be refunded after the mortgage expires.

People in the industry remind consumers that many auto dealers now sign unequal terms for mortgage purchase customers, collect bonds and bundle up high priced insurance, in addition to earning high insurance agency fees, and even make use of margin deposits.

In this regard, consumers should be vigilant.