1, PICC each insurance code is different. To me, PICC insurance code is just another name for insurance, which is really of little use and significance. But for PICC auto insurance, adopting specific insurance codes is to simplify relevant procedures, improve work efficiency and provide customers with faster and better services.
2.PICC's automobile insurance coverage code is just a name used by insurance companies to briefly express the specific coverage. The code of PICC auto insurance is as follows: A is car damage insurance, B is three risks, G is theft insurance, and M is no deductible. The letters A, B, G and M here are simple representatives of different types of insurance.
3.PICC's insurance regulations are inconsistent with those of other insurance companies. In different insurance companies, the insurance codes may not be completely consistent, and some insurance companies don't even have insurance codes. This depends on the regulations of various insurance companies. China CIRC does not require all insurance companies to adopt the same insurance liability code. For example, PICC Auto Insurance uses English letters as insurance codes, while Ping An Insurance has no specific codes at all, and uses words instead. There is no need for PICC to be limited to the form of code, as long as customers can understand and understand it without ambiguity.
To sum up, we can see that PICC's insurance regulations are inconsistent with other insurance companies. Customers can know what insurance they bought as soon as possible through PICC insurance code, so as to clarify their consumption.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.