The premium for new energy vehicle insurance increased by more than 30% year-on-year last year.

Recently, reporters exclusively learned from the industry that by 2025, the total premium for motor vehicle insurance in the industry will reach about 996.37 billion yuan, an increase of 2.99% year-on-year. The total claims settled will be about 622.46 billion yuan, an increase of 4.06% year-on-year. Among them, the premium for new energy commercial vehicle insurance is about 157.61 billion yuan, an increase of 33.88% year-on-year; the settled claims are about 79.92 billion yuan, an increase of 36.09% year-on-year.