What should be done if a Hong Kong car is involved in a traffic accident on the mainland?
Summary of the previous article
As mentioned earlier, once the "Hong Kong cars going north" policy is implemented, car owners will be able to drive their vehicles directly to Guangdong Province for business, visiting relatives, or tourism. The "Hong Kong cars going north" policy has aroused a lot of expectations, but it has also raised concerns, such as the Guangdong Provincial Low-Cost Car Repair Association threatening the local car repair business and the plans for northbound trains to go south
AWM — Details on "Hong Kong Cars Going Mainland" Application Qualifications and Scheme:
Hong Kong private cars do not need to obtain regular quotas, but due to differences in traffic laws and road designs between the two places, car owners need to be extra careful when driving in the Mainland. If an accident occurs due to unfamiliarity with the area, will the car insurance purchased in Hong Kong be valid? What are the procedures for handling a car accident in the Mainland?
How to purchase car insurance in mainland China?
The Hong Kong insurance industry has largely integrated with its mainland counterparts, meaning Hong Kong drivers can now purchase mainland compulsory traffic accident liability insurance through Hong Kong insurance companies. For example, AWM can provide Hong Kong car owners with quotes for mainland insurance for their vehicles in two or three regions, allowing one insurance policy to meet the legal requirements of both the mainland and Macau, ensuring you can enjoy optimal protection even when you are abroad
What should you do if you get into a car accident in mainland China?
If you have insurance, you don't need to worry if an accident happens. Generally speaking, if a third party is involved, you need to contact the local police and the corresponding insurance company to handle the situation; if not, you can contact the local and Hong Kong insurance companies for assistance
Is the northward journey to oil fields a trigger?
Indeed, due to the lower cost of living in mainland China, car maintenance and refueling are more affordable than in Hong Kong. According to data from the Consumer Council as of December 30, 2022, gasoline in China cost ¥8.145 per liter, approximately HK$9.14 per liter; while the price of gasoline in Hong Kong was HKD$23.09 per liter. The price of gasoline in Hong Kong is more than double, which is a significant economic incentive for Hong Kong car owners. However, whether most Hong Kong car owners will specifically travel to mainland China to refuel in order to save money remains to be seen
Latest news on "Hong Kong cars heading north"
According to the latest reports, the implementation of the "Hong Kong vehicles traveling north" policy will be accelerated. The successful experience of the "Macau vehicles traveling north" policy will also be utilized, with an online information system for declaration. Aiming for faster customs clearance at the Zhuhai port, the fastest journey to the mainland will take only a few minutes. The "Hong Kong vehicles traveling north" policy will also adopt their system at the Zhuhai port of the bridge; vehicle owners only need to complete vehicle inspection, document verification, and fingerprint and facial recognition to pass through customs
However, the specific implementation date for "Hong Kong vehicles traveling north" has not yet been announced. Currently, the governments of Guangdong and Hong Kong are striving to finalize the implementation details as soon as possible
AWM offers customers protection plans from multiple insurance companies across Hong Kong. Whether it's car insurance, medical insurance, workers' compensation insurance, or home insurance, AWM can carefully select the most suitable plan for your needs. Checkcar insurance quotes.