Will the insurance company compensate for the lost time in the car accident?

If the car hits the insurance company, it will not compensate for the lost time, but only for the car repair. Unless someone is injured, he will buy full insurance, and the insurance company may also compensate for the lost time. Traffic accidents happen almost every day. For people injured by such accidents, they need to go to the hospital for treatment, which makes many citizens unable to work in the company. Therefore, at this time, the victim can ask the subject who caused the accident to pay the lost time. Under normal circumstances, the lost time is borne by the insurance company.

How to calculate the lost time in traffic accidents

1. According to the Interpretation of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Personal Injury Compensation Cases, the lost time fee is determined according to the lost time fee and income of the victim.

2. The lost time is determined by the certificate issued by the medical institution. If the victim continues to be absent from work due to injury and disability, the absence time can be calculated to the day before the date of disability.

3. If the victim has a fixed income, the lost time fee shall be calculated according to the actual reduced income; If the victim has no fixed income, it shall be calculated according to his average income in the last three years; If the victim cannot provide evidence to prove his average income in the last three years, it shall be calculated with reference to the average salary of employees in the same industry or similar industries where the Court of Appeal is located in the previous year.

4. The victim's lost time expenses include but are not limited to wages, "three supplements" (such as meal supplement, car supplement and telephone fee supplement), bonuses and allowances.

Legal basis:

Article 7 of the Interpretation of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Personal Injury Compensation Cases.

The lost time fee is determined according to the lost time fee and income of the victim. The lost time fee is determined according to the certificate issued by the medical institution where the victim receives treatment. If the victim continues to be absent from work due to injury and disability, the absence time can be calculated to the day before the date of disability. If the victim has a fixed income, the lost time fee shall be calculated according to the actual reduced income. If the victim has no fixed income, it shall be calculated according to his average income in the last three years; If the victim cannot provide evidence to prove his average income in the last three years, he can refer to the average salary of employees in the same or similar industries where the Court of Appeal is located in the previous year.