Do not buy a specified car insurance will not refund security deposit, Roewe Guarantee Corporation questioned.
source: Xinhua
"by Shandong Roewe Company limited by guarantee as a guarantee to a bank loan to buy a car. 3 years to the time, the loan is also on schedule, but Guarantee Corporation did not want to refund the security deposit on the grounds that we did not buy the designated vehicle insurance. In May 9th, Ms. Cui told reporters that it was bundling.
Ms. Cui said that when the contract was signed, she and her husband did not see the content of "buying a car insurance for a designated insurance company". In the first year of buying a car, they bought insurance at the vehicle management office. In the second year, I learned that I needed to buy it at a designated insurance company and bought it as required. When buying insurance for third years, consulting Guarantee Corporation, the other side said they could choose insurance companies by themselves, so they bought safe car insurance. "Now we say that we default, and for this reason, we refuse to refund a guarantee deposit of 3000 yuan." At 15:26 on the 9 day, the Roewe Company limited by guarantee, Shandong, was responsible for the car loan guarantee business, Ms. Wang told reporters that the reason why the insurance company was designated to buy car insurance, mainly for two reasons. On the one hand, this is a request from Guarantee Corporation to avoid risks. Guarantee Corporation has agreements with banks, so they need to be implemented. On the other hand, if customers buy insurance on their own, most of them agree that the first beneficiary is themselves. The vehicle purchased by the loan is mortgaged and the customer has the right to use before paying off the loan. Therefore, the first beneficiary should be the loan bank. If the customer buys the car insurance with the first beneficiary, during the loan period, once the car is lost or lost, the insurance company may lose money to the customer, and the client may not return the loan due to the loss of the mortgage, and the Guarantee Corporation will have to bear the loan cost.
for Guarantee Corporation's comment, Ms. Cui thinks it's an excuse. "We bought the insurance ourselves, and handed the policy to the bank for their supervision and examination. Is that all right?" As for Ms. Cui's idea, Ms. Wang, which is guaranteed by Roewe, is not reliable, and there is a possibility that a customer will buy insurance to cope with the bank and the Guarantee Corporation, and then to the insurance company to return to the insurance company.
interpretation of Guarantee Corporation, Ms. Cui still can not agree, said it will continue to reflect.
according to media reports, similar cases are more common throughout the country. Wuhan Evening News reported that a former manager of an investment company, Mr. Liu, said the "mystery": the highest security fee in the last few years can reach 4% of the car's total, and now it is regulated and received less, and the guarantee is less than a loan, and if a bad debt appears, the Guarantee Corporation is busy. So some companies rely on other means to get some profit, such as margin deposit. In fact, customers can buy them by themselves, so long as the policy is reclaimed, the first beneficiary is the bank.