车均保费762元，交强险却亏了230亿

Average Premium: 762 Yuan. Yet Compulsory Auto Insurance Lost 23 Billion

全文约 1000 字，读完约 6 分钟
About 1,000 Chinese characters · roughly a 6-minute read

9月24日，金融监管总局把2025年度交强险的账本挂了出来。别的数字我都扫得很快，唯独一个数让我停下来：经营亏损230亿元。车越来越多、保费年年收，这个险种怎么会越亏越多？

On September 24, the National Financial Regulatory Administration published the 2025 annual accounts for compulsory traffic insurance. I skimmed most of the figures quickly, but one number stopped me: an operating loss of 23 billion yuan. More cars on the road, premiums collected year after year — how does this line of business keep losing more?

先把账摊开，口径全部来自监管总局9月24日的公告。参保机动车3.86亿辆，同比增长3.8%，其中汽车3.47亿辆。保费收入2852亿元，涨了5.2%。赔付支出2524亿元，涨了11.6%。赔付的增速是保费增速的两倍多——230亿的缺口，就是这么跑出来的。

Lay the accounts out first. All figures come from the regulator's September 24 announcement. Insured motor vehicles: 386 million, up 3.8 per cent, including 347 million cars. Premium income: 285.2 billion yuan, up 5.2 per cent. Claims paid: 252.4 billion yuan, up 11.6 per cent. Claims grew more than twice as fast as premiums — that is how the 23-billion-yuan gap opened up.

再看单价：车均保费762.1元，同比还降了0.1%。这个价格常年基本不动，撞上的却是越来越贵的赔款。官方给了两个原因：人伤保障赔付标准提升，新能源车占比提高。

Now the unit price: 762.1 yuan per vehicle on average, down 0.1 per cent year on year. This price barely moves for years at a time, yet it is running into ever costlier claims. The official explanation names two factors: higher compensation standards for human injury, and a rising share of new energy vehicles.

第二个原因我盯着看了很久。新能源车是怎么把交强险的账拉垮的？

I stared at that second factor for a long while. How exactly do new energy vehicles drag the compulsory insurance books down?

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先说人伤那一头，这个因素好理解：赔偿标准跟着居民收入和司法口径逐年上调，同一起事故，去年和今年赔出来的钱不是一个量级。真正值得掰扯的是第二头。

Take human injury first — that factor is easy to follow. Compensation standards rise year by year with incomes and judicial benchmarks, so the same accident pays out very differently in 2025 than it did a few years back. The second factor is the one worth picking apart.

我的理解是这样的：交强险走全国统一的基础费率，油车电车一个价。但车撞了之后的维修账单不一样——电车的三电系统和传感器集成度高，很多碰撞不是钣金敲敲就能收场的。新能源占比一高，整体赔付就被抬着走。官方没拆这两个因素各占多少，我也不替它编个数，方向是明确的就够了。

Here is my reading. Compulsory insurance runs on a single national base rate — the same price for a combustion car and an electric one. But the repair bill after a crash is not the same: the battery, motor and electronics in an EV are highly integrated, and many collisions cannot be settled with a bit of panel work. As the EV share rises, overall claims get pushed upward. The regulator did not break down how much each factor contributes, and I will not invent a number for it. The direction alone is enough.

那这230亿最后谁买单？我的判断：短期内轮不到车主。2026年1到8月行业车险综合成本率已经压到95.8%，监管在推降本提质，官方的车险好投保平台也上了线，涨价的空间很小。但账不会凭空消失——压力会慢慢往商业险那一端传，新能源车主的感受会最直接。

So who ends up paying for the 23 billion? My view: not car owners, not right away. The industry's combined motor insurance cost ratio was pushed down to 95.8 per cent for January–August 2026, the regulator is pressing for lower costs, and the official insurance-purchasing platform has gone live. There is little room to raise prices. But the debt does not vanish — the pressure will drift toward the commercial policy side, and EV owners will feel it first.

给车主三句实话：交强险没得选，商业险一定要比价，官方平台可以直接用；新能源车主要如实告知使用性质，家用车拿去跑网约车，出险时理赔会出大问题；小剐蹭要不要走保险先算算，几百块的事别随手报案，出险记录影响的是次年折扣。

Three blunt notes for car owners. Compulsory cover is fixed, so shop the commercial policy around — the official platform works. EV owners should declare the vehicle's actual use; running ride-hailing on a private-use policy invites real trouble at claim time. And before filing a claim for a small scrape, do the math on next year's discount — a few hundred yuan is not worth a claims record.

把我的赌注也写明白：我赌交强险费率这几年不会动——3.86亿车主的基本盘，监管不会轻易碰。可能错的地方也说在前头：如果赔付继续按两位数涨，费率改革会比我预计的来得早，762元这个数就该改写了。

Let me put my bet in writing: base compulsory rates will not move for the next few years — with 386 million vehicle owners behind it, the regulator will not touch it lightly. Where I could be wrong: if claims keep growing at double digits, a rate reform could arrive sooner than I expect, and that 762-yuan figure gets rewritten.

这篇转给刚提车或者最近要续保的朋友，签字之前把上面三句看完。

Forward this to someone who just picked up a car or is due for renewal — have them read those three notes before they sign.

你今年的保费是涨了还是降了？电车车主报个数，评论区对一对。

Did your premium go up or down this year? EV owners, drop your numbers in the comments — let's compare.

#交强险#  #车险#  #新能源汽车#  #新能源车险#  #车主关注#  #汽车行业#

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