The cost of compulsory insurance for a 4.2 meter truck, again, varies by region, insurance company and specific model. In China, usually, the cost of compulsory insurance for a 4.2-meter truck may range from 800-1200 yuan per year. This price range is for reference only and the actual price may vary.

In order to get an accurate quote, please contact your local insurance agent or consult your insurance company directly (e.g. Ping An of China, China Life, China Pacific, etc.). They will provide you with detailed quotes based on your location, vehicle type and other relevant information. When purchasing compulsory insurance, please make sure you choose the right channel and read the terms and conditions of the contract carefully.

It is also recommended that you compare the products and prices of several insurance companies in order to find the best program for your needs and budget.

Compulsory insurance is a kind of vehicle insurance that is mandatory for the state to purchase. If the insured vehicle has a traffic accident that causes casualties or property damage, the insured insurance company will give appropriate compensation within the scope of liability.
I. 2023 rates for compulsory insurance.
1. For family-owned vehicles with less than six seats, the first year's compulsory insurance premium is 950 yuan.
2. For family-owned vehicles with 6 seats and more than 6 seats, the first year's compulsory insurance premium is 1,100 yuan.
3. The first year's compulsory insurance premium for enterprise non-business vehicles with less than six seats is 1,000 yuan.
4, enterprise non-business vehicles 6 seats and more than 6 seats of the vehicle, the first year of compulsory insurance coverage is 1130 yuan.
5, the operating class of trucks carrying capacity of less than 2 tons of trucks, the first year of compulsory insurance coverage is 1850 yuan.
6, the operating class of trucks carrying capacity greater than or equal to 2 tons, less than 5 tons of models, the first year of compulsory insurance coverage is 3070 yuan.
7, the operating class of trucks carrying capacity greater than 5 tons, less than 10 tons of models, the first year of compulsory insurance coverage is 3450 yuan.
Secondly, how much does it cost to renew your insurance policy for 2023?
1, driving the vehicle did not have a traffic accident, did not touch the traffic insurance claims: 950 for example
1) 10% off the second year premium if you don't have an insurance policy within the first year; that's $855.
2) For two consecutive years with no insurance, the third year premium is discounted 20%, which is $760 after the discount.
3) 30% discount on the next year's premium for no insurance for three or more years; $665 after discount.
2, driving the vehicle has been in a traffic accident, and there are traffic insurance claims: 950 for example
1) 1 occurrence in the same year, no increase or decrease, premium reverts to original rate, $950.
2) 2 times in the same year, premium increase 20%, $1140
3) 3 times in the same year, premium increase of 50%, $1425
4) 4 times in the same year, premium increase 75%, $1662.5
(5) 5 or more times of insurance in the same year, premium increase of 100%, $1900
(7) A 30% increase in premium if there is a liable road traffic accident within the previous year.
I hope many of you will understand, forward, and bookmark it for future reference.
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