In the first quarter, more than 60% of insurance companies had an average vehicle insurance premium below 2000 yuan. Can car insurance prices continue to decrease?

According to incomplete statistics from reporters, as of May 12, a total of 63 insurance companies have announced the average car insurance premium data for the first quarter of this year. From the actual situation, 43 insurance companies had average car insurance premiums below 2000 yuan in the first quarter of this year, accounting for 68%. The median average car insurance premium for the 63 insurance companies was 1500 yuan. However, the issue of high premiums for new energy vehicle insurance still exists. It is widely believed in the industry that there is still significant room for price reduction in new energy vehicle insurance in the future. Fu Jian mentioned that currently, with the rapid technological advancements of new energy vehicles and the continuous reduction of safety risks, insurance companies may reduce premiums accordingly. On the other hand, with improved insurance company data and more precise pricing in the future, risks can be better controlled. Furthermore, from a regulatory perspective, efforts are being made to guide the pricing of new energy vehicle insurance to be more reasonable. A relevant official from the China Banking and Insurance Regulatory Commission has previously stated optimizing the fluctuation range of the self-determined pricing factors for new energy commercial vehicle insurance to promote a better match between car insurance prices and risks, effectively leveraging market mechanisms.