From June 1 day, 2006, all preferential amounts given by insurance companies to policyholders shall not exceed 30% of the benchmark interest rate of auto insurance products. This means that the minimum discount for commercial auto insurance of insurance companies can only be 30% off. In addition, it should be noted that for auto insurance, once there are too many accidents, not only can you not enjoy preferential treatment, but the premium will also rise.
In addition to the insurance discounts stipulated by the state, insurance salesmen may give some rebates in order to attract customers, which is strictly in violation of the provisions of the CIRC, but in fact many telemarketers will have the gray behavior of cashback. Generally speaking, the rebate level is around 20%.