According to Netease, there are two reasons for the increase in Lincoln premium in Jilin Province:
1. Rising costs of insurance companies: insurance companies need to pay various expenses when making claims, such as maintenance fees, compensation fees, investigation fees, etc. These expenses are borne by the insurance company.
2. Increased risk pressure of insurance companies: the income of insurance companies mainly comes from premium income, and the amount of compensation is the expenditure of insurance companies.
The higher the safety of the vehicle, the less likely the accident is, and the insurance cost can also be reduced. Owners can improve the safety of vehicles by installing anti-theft devices, airbags and other equipment.