Core Viewpoint - The Tianjin Financial Regulatory Bureau issued a risk alert regarding "Traffic Safety Coordination" for motor vehicles, highlighting the increase in complaints about misleading sales practices by entities posing as legitimate insurance companies [1][2]. Group 1 - "Traffic Safety Coordination" is not equivalent to formal insurance, and consumer rights are not protected. This service is a non-operational mutual assistance behavior initiated by transportation enterprises, and entities offering this service are not licensed insurance companies [1]. - Consumers are advised to be cautious of entities with names similar to legitimate insurance companies and to avoid contracts that do not explicitly use the term "insurance" [2]. - To ensure adequate protection of rights, consumers should recognize the risks associated with "Traffic Safety Coordination" and seek insurance from licensed institutions [2].

Core Viewpoint - The Tianjin Financial Regulatory Bureau issued a risk alert regarding "Traffic Safety Coordination" for motor vehicles, highlighting the increase in complaints about misleading sales practices by entities posing as legitimate insurance companies [1][2]. Group 1: Nature of "Traffic Safety Coordination" - "Traffic Safety Coordination" is not equivalent to formal insurance, and consumer rights are not protected. It is a non-operational mutual assistance behavior initiated by transportation enterprises aimed at enhancing risk resilience, and it is not regulated by the national financial supervisory authority [1]. - The entities involved in "Traffic Safety Coordination" do not possess the necessary licenses to operate insurance business and are not recognized as insurance companies under the law [1]. Group 2: Consumer Precautions - Consumers should be cautious of entities with names similar to legitimate insurance companies that include terms like "coordination," "mutual assistance," or "vehicle safety service." Contracts that mention "commercial electronic service order" or "safety mutual service" should be approached with skepticism [2]. - It is advised to resist temptations of low premiums and avoid purchasing insurance through unverified links or unfamiliar phone calls. Payments should not be made through personal transfer methods like WeChat or Alipay [2]. Group 3: Recommendations for Insurance Purchase - Consumers are encouraged to have a realistic understanding of the risks associated with "Traffic Safety Coordination" and to seek insurance from licensed institutions to ensure their rights are adequately protected [2]. - Before purchasing insurance, consumers should verify the legitimacy of insurance institutions through the official website of the national financial supervisory authority [2].