What are the reasons for the loss of auto insurance of insurance companies?

1, loss-making car insurance, the car with high claim rate is only a few thousand a year, and the claim will cost you tens of thousands a year, as well as administrative expenses of other departments. No loss is fake.

2. There are too many concessions, and the regulatory authorities have restrictions on the degree of concessions given to customers. Usually, companies are not controlled by the market. Giving more proves that the company has less funds and less income.

3. The high cost of the company caused by management confusion is also a common cause of losses.