曙光乍现！新能源车险降价潮来袭？_老虎社区_美港股上老虎

曙光乍现！新能源车险降价潮来袭？

汽车点评AC01-04

长久以来，新能源汽车高昂的保险费，已成为车主心头一根刺，也常是“油电之争”中燃油车阵营拿来反击的有力论据。然而，深陷车主喊贵、险企喊亏怪圈的新能源车险市场，正悄然迎来转折。多方迹象表明，保费高企的坚冰开始松动，一场由政策、市场与行业新玩家共同驱动的深刻变革已然拉开序幕。高保费之谜长期以来，新能源车险“车主嫌贵、险企亏损”的双输格局，并非单一因素导致，而是多重因素共同作用的结果。将其简单归咎于...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

暂无评论

热议股票

7x24

全部

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/2600414460?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2026-01-04 15:49","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2600414460","market":"hk","top_or_hot":-1,"title":"曙光乍现！新能源车险降价潮来袭？","media":"汽车点评AC","content":"<div>\n<p>长久以来，新能源汽车高昂的保险费，已成为车主心头一根刺，也常是“油电之争”中燃油车阵营拿来反击的有力论据。然而，深陷车主喊贵、险企喊亏怪圈的新能源车险市场，正悄然迎来转折。多方迹象表明，保费高企的坚冰开始松动，一场由政策、市场与行业新玩家共同驱动的深刻变革已然拉开序幕。高保费之谜长期以来，新能源车险“车主嫌贵、险企亏损”的双输格局，并非单一因素导致，而是多重因素共同作用的结果。将其简单归咎于...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260104155205a49a19b2&s=b\">网页链接</a>\n\n</div>\n","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>曙光乍现！新能源车险降价潮来袭？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n曙光乍现！新能源车险降价潮来袭？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-04 15:49 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260104155205a49a19b2&s=b><strong>汽车点评AC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>长久以来，新能源汽车高昂的保险费，已成为车主心头一根刺，也常是“油电之争”中燃油车阵营拿来反击的有力论据。然而，深陷车主喊贵、险企喊亏怪圈的新能源车险市场，正悄然迎来转折。多方迹象表明，保费高企的坚冰开始松动，一场由政策、市场与行业新玩家共同驱动的深刻变革已然拉开序幕。高保费之谜长期以来，新能源车险“车主嫌贵、险企亏损”的双输格局，并非单一因素导致，而是多重因素共同作用的结果。将其简单归咎于...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260104155205a49a19b2&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HK0000320264.USD","symbol_name":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260104155205a49a19b2&s=b","article_id":"2600414460","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260104155205a49a19b2&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2600414460","pubTimestamp":1767512984,"columns":[],"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"长久以来，新能源汽车高昂的保险费，已成为车主心头一根刺，也常是“油电之争”中燃油车阵营拿来反击的有力论据。相关数据显示，2024年新能源汽车车均风险成本是燃油车的2.2倍，行业综合成本率高达107%，这意味着险企每收取100元保费，就要承担107元的成本支出。这种风险首先源于新能源汽车的技术特性带来的维修成本飙升。降价曙光背后进入2025年，新能源车险市场出现了积极的边际变化。","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"82318":"中国平安-R","601318":"中国平安","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","IE00BMCWC346.EUR":"GUINNESS EMERGING MARKETS EQUITY INCOME \"C\" (EUR) ACC","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","LU0315179316.USD":"EASTSPRING INVESTMENTS ASIAN DYNAMIC \"A\" (USD) ACC","LU0043850808.USD":"HSBC GIF ASIA EX JAPAN EQUITY \"AD\" INC","LU0348788117.USD":"ALLIANZ EMERGING ASIA EQUITY \"A\" (USD) INC","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","LU0762542818.HKD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM\" (HKD) INC","SG9999004220.SGD":"Nikko AM Shenton Asia Dividend Equity Fund  SGD","PNGAY":"中国平安ADR","LU1051768304.USD":"贝莱德新兴市场股票收益A6","SG9999002562.SGD":"LionGlobal Asia Pacific SGD","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","LU0051755006.USD":"摩根大通中国A (dist)","LU1044876610.USD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"ZU\" (USD) ACC","HPAD.SI":"Ping An Ins HK SDR2to1","LU0650527681.SGD":"Fidelity China Consumer A-SGD","LU0196878994.USD":"MANULIFE GF CHINA VALUE \"AA\" (USD) INC","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","LU1719994722.HKD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (HKD) ACC","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","IE00BF5LJ272.USD":"Legg Mason Martin Currie - Global Emerging Markets A Acc USD","LU0181495838.USD":"施罗德新兴亚洲A Acc","03145":"华夏亚洲高息股","02318":"中国平安","LU0348827113.USD":"ALLIANZ RCM CHINA \"AT\" ACC","LU0165289439.USD":"HSBC GIF ASIA EX JAPAN EQUITY \"AC\" ACC","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","LU0819123356.HKD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED GROWTH \"AC\" (HKD) ACC","LU1282649067.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AMG\" (USD) INC A","LU0630378429.USD":"HSBC GIF ASIA PACIFIC EX JAPAN EQ HD \"AM2\" (USD) INC","LU0865486749.SGD":"Eastspring Investments - Asian Equity Income AS SGD-H","LU0164872284.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","LU0918141705.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AM\" (HKD) INC","LU0762541174.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM2\" (USD) INC","LU0235996351.USD":"UBS (LUX) KEY SELECTION SICAV - ASIAN EQUITY (USD) \"P\" (USD) ACC","LU0762540952.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AC\" (USD) ACC","LU1769817179.HKD":"UBS (LUX) EQUITY SICAV - GLOBAL EMERG MARKETS OPPO \"P\" (HKD) INC","LU1880383440.USD":"AMUNDI FUNDS CHINA EQUITY \"A2\" (USD) INC","LU2476274720.SGD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (SGDHDG) ACC","LU1146622755.USD":"安本中国A股股票基金A Acc","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","BK1521":"挪威政府全球养老基金持仓","LU0228367735.SGD":"Eastspring Investments - Asian Equity Fund AS SGD","LU0417516571.SGD":"Allianz Oriental Income Cl AT Acc SGD"},"translate_title":"The dawn flashed! Is the wave of new energy auto insurance price cuts coming?","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"82318":0.6,"601318":0.6,"PNGAY":0.6,"PAImain":0.6,"03145":0.6,"HPAD.SI":0.6,"02318":0.9},"content_text":"长久以来，新能源汽车高昂的保险费，已成为车主心头一根刺，也常是“油电之争”中燃油车阵营拿来反击的有力论据。然而，深陷车主喊贵、险企喊亏怪圈的新能源车险市场，正悄然迎来转折。多方迹象表明，保费高企的坚冰开始松动，一场由政策、市场与行业新玩家共同驱动的深刻变革已然拉开序幕。高保费之谜长期以来，新能源车险“车主嫌贵、险企亏损”的双输格局，并非单一因素导致，而是多重因素共同作用的结果。将其简单归咎于保险公司“定价过高”，显然忽视了背后的风险本质。相关数据显示，2024年新能源汽车车均风险成本是燃油车的2.2倍，行业综合成本率高达107%，这意味着险企每收取100元保费，就要承担107元的成本支出。全年57亿元的承保亏损，以及137个赔付率超100%的车系，印证了新能源车险业务的高风险属性。这种风险首先源于新能源汽车的技术特性带来的维修成本飙升。为追求设计感与集成化优势，多数新能源车型采用一体化零部件设计，这种设计在提升车辆性能的同时，也大幅抬高了维修成本。更关键的是，电池、电机等核心配件本身价格高昂，且对维修渠道、设备及零部件品质有严格要求，进一步推高了定损赔付的门槛。其次，市场结构的畸形则加剧了风险的无序扩散。2024年数据显示，新能源汽车中营运车占比高出燃油车10个百分点，且使用强度更大；35岁以下车主占比高出同年龄段燃油车主14个百分点，驾龄偏短导致出险概率更高。更严重的是，部分网约车主为规避营运车险的高额保费，违规混入家用车投保池，这种风险错配不仅拉高了整体出险率与赔付率，更让合规私家车主沦为冤大头，间接推高了家用新能源车险的保费水平。这种市场乱象的存在，让新能源车险的定价体系从源头就失去了公平性与科学性。降价曙光背后进入2025年，新能源车险市场出现了积极的边际变化。保费增速放缓、部分车型甚至有所回落，头部保险公司也首次宣布在该板块实现承保盈利。车叔认为，将这些情况解读为行业拐点到来固然合理，但过度乐观地认为降价潮将持续则明显是忽视了背后的阶段性特征。目前来看，政策层面的破冰是本轮降价潮的关键推手。年初多部门联合发布的《关于深化改革加强监管促进新能源车险高质量发展的指导意见》，直指行业核心痛点，一方面细化新能源车险分级，推动保费与风险精准匹配；另一方面针对网约车伪家用投保乱象，提出基本+变动的组合产品模式，试图通过产品创新厘清家用与营运的风险边界。这种政策纠偏，从制度层面遏制了风险错配带来的保费虚高。与此同时，市场结构的优化亦为险企盈利提供了基础。数据显示，家用车在新能源车险保费中的占比从2020年的42%升至2024年的67%，而家用新能源车赔付率远低于营运车辆，直接拉低了行业整体风险水平。2025年前11个月我国新能源车险保费同比增速放缓至34.52%，与31.2%的销量增速基本匹配，保费与风险的错配问题得到缓解。此外，头部险企的盈利数据印证了这一趋势。2025年上半年，人保财险、平安产险、太保产险车险业务收入分别同比增长3.4%、3.6%、2.8%，其中平安产险、太保产险明确披露新能源车险实现承保盈利。主机厂入局当新能源车险展现出盈利潜力时，产业链上游的主机厂再也按捺不住。比亚迪、广汽、吉利等车企早已通过收购或设立的方式，将触角伸向保险领域。主机厂的入局在部分消费者眼中是打破传统险企垄断、推动保费下降的积极变量，但深入分析不难发现，其背后同样暗藏风险与争议。主机厂涉足保险的优势显而易见，一是成本优势，依托自有销售渠道，无需支付高额中介手续费，费用率显著低于传统险企；二是数据优势，掌握车辆核心运行数据与用户驾驶习惯，可实现更精准的风险定价；三是生态优势，能打通从车辆销售到保险服务，再到售后维修的产业链闭环，提升用户黏性。从数据来看，2025年前三季度，广汽众诚、比亚迪财险等四家主机厂系险企合计保费收入61.02亿元，净利润2.26亿元，其中比亚迪财险净利润突破1亿元，展现出较强的增长势头。可需要注意的是，尽管主机厂系险企实现了盈利，但核心的综合成本率仍全部超过100%，盈利主要依赖投资端收入，而非承保业务本身。以比亚迪财险为例，其2024年综合成本率曾高达308.81%，即便2025年上半年降至101.23%，仍未实现真正意义上的承保盈利。更值得警惕的是，保险业务的核心是风险管控，而主机厂在精算、核保、理赔等专业领域存在天然短板，过度依赖投资收益覆盖承保亏损，难以实现可持续发展。车叔总结新能源车险的降价趋势，本质上是政策纠偏、市场成熟与行业竞争共同作用的阶段性结果，而非行业进入良性发展的终极标志。对于消费者而言，不必过度迷信降价潮的噱头，理性看待保费与服务的匹配度才是关键。新能源车险的变革才刚刚开始，一个透明、高效、公平的市场生态，仍需政策、企业与消费者的共同推动。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}