The first beneficiary of auto insurance is SAIC Finance.

Hello, the mortgaged vehicle belongs to the bank or company you borrowed during the loan period. So when you buy insurance, you get the first beneficiary. There are many special agreements in the insurance policy. For example, if you specify a driver, it will tell you how much the deductible is and under what circumstances the deductible will occur. So you can check whether there is a special agreement in your insurance list (usually near the types of insurance) that "the first beneficiary is: XXXX." If yes, you can directly scan a copy of the company that issued the loan to you. If not, please contact the insurance company or business personnel who issued the bill. The first beneficiary needs to be added and corrected: XXXX

. I hope I can help you understand the insurance-related knowledge. thank you