BYD unveils its first car insurance policy: premium is 3,900 yuan, new Dolphin car owners enjoy free gifts

According to news on May 15, Shenzhen BYD Property Insurance Co., Ltd. has recently been approved to use nationally unified compulsory traffic insurance clauses and basic insurance rates in multiple regions. This development is regarded as a signal that BYD Auto’s official insurance service is coming.

It is reported that BYD Property & Casualty Insurance has continued to expand its presence in the insurance field since its acquisition of Yian Property & Casualty Insurance. The approval to use unified compulsory traffic insurance terms and rates in Anhui, Jiangxi, Shandong (excluding Qingdao), Henan, Hunan, Guangdong, Shaanxi and Shenzhen means that BYD Property & Casualty Insurance's auto insurance business has officially entered the substantive operation stage. . It is reported that BYD Insurance's first policy has been issued, and the models involved are 24 Dolphin Honor Edition 420km Free Edition, with a total premium of 3,900 yuan.

According to the editor’s understanding, BYD Property & Casualty Insurance has set up an insurance service portal in the official APP. Although online insurance is not currently supported, this move shows BYD’s ambitions in the auto insurance market. BYD Insurance has a wide range of services, including vehicle insurance products in 7 main categories and 15 subdivisions, with special emphasis on insurance services for new energy vehicles.

Industry experts analyze that BYD’s entry into the auto insurance market is not only to expand its business scope, but also to take a fancy to the huge potential of the new energy auto insurance market. With the popularity and sales of new energy vehicles continuing to grow, the new energy auto insurance market is gradually becoming a new blue ocean for the industry. As a leading company in new energy vehicles, BYD's layout in the auto insurance market undoubtedly has far-reaching strategic significance.

Although BYD Property & Casualty Insurance has been approved to carry out compulsory traffic insurance business in many regions, its insurance services are still in the pilot stage. The subsequent policy pricing and specific service content of each vehicle model must be based on the official announcement of BYD Insurance. shall prevail. The market is full of expectations for BYD's performance in the auto insurance market.

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