Speed limit of auto insurance refers to the rapid development of auto insurance in recent years, which has become a major indicator of the national economy, so it is required by the China Banking Regulatory Commission to limit the development speed. The auto insurance sales market is so big, the regulatory authorities have regulations on the sales market share of various insurance companies. Coupled with the monthly new car business, compared with the same period, it cannot exceed the regulatory requirements. If the upper limit is reached, insurance companies are not allowed to insure commercial insurance again.

Related expansion: vehicle insurance, namely motor vehicle insurance, referred to as auto insurance, also known as auto insurance. It refers to a kind of commercial insurance that bears the responsibility for personal injury or property loss caused by natural disasters or accidents. Automobile insurance is a kind of property insurance. In the field of property insurance, automobile insurance is a relatively young type of insurance, which is due to the emergence and development of automobile insurance with the emergence and popularization of automobiles.