What if the insurance company refuses to pay compensation?

The practice of insurance company refusing to pay compensation;

1, the insurer can complain to the local China Banking Regulatory Commission about the insurance company's breach of contract or illegal refusal to pay compensation;

2. The insurer may also sue the insurance company in the local court, requiring it to bear the responsibility of claim settlement.

legal ground

Article 158 of the Insurance Law of People's Republic of China (PRC)

The State Council insurance supervision and management institutions shall establish a supervision and management information sharing mechanism with the People's Bank of China and other financial supervision and management institutions in the State Council.

When the insurance supervision and administration institution performs its duties according to law and conducts supervision, inspection and investigation, the relevant departments shall cooperate with it.

Article 4 of the Regulations on Compulsory Liability Insurance for Motor Vehicle Traffic Accidents

The State Council Insurance Regulatory Authority (hereinafter referred to as China Insurance Regulatory Commission) shall supervise and manage the compulsory insurance business of motor vehicle traffic accident liability of insurance companies according to law.