Automobile spontaneous combustion insurance cost and compensation standard: the benchmark premium of spontaneous combustion insurance is 200 yuan a year, which is different from general insurance. The older the car age is, the higher the rate is. This is also related to the aging of various performance of the vehicle, which is easy to cause spontaneous combustion. The calculation formula is: spontaneous combustion insurance premium = vehicle age rate vehicle damage insurance amount.

So simply put, the more expensive the vehicle, the higher the premium of spontaneous combustion insurance. The insurance amount of vehicle damage insurance is related to the purchase price of new vehicles. Take a vehicle with a age of 3 years and a value of 100000 yuan as an example, the rate of vehicle age is 0.2%, and the insurance amount of vehicle damage insurance is 100000 yuan. According to the formula, the premium of spontaneous combustion insurance = 0.2% 100000 = 200 yuan.

The insurance amount of spontaneous combustion insurance is generally determined by negotiation according to the actual value of the insured vehicle, and the premium is not high, generally only tens of yuan. After auto ignition, the insurance company will make corresponding compensation according to the extent of vehicle damage. Spontaneous combustion insurance is an additional insurance type of motor vehicle loss insurance. Only on the basis of motor vehicle loss insurance can the owner insure the auto ignition insurance.