Catch 車 insurance customers ... Insurance industry discounts mileage riders botmul

[Korea gimmingyeong financial newspaper reporter] is becoming increasingly fierce competition of non-life insurers to ensure loyal customers in the automobile insurance market. Insurance premiums are not reduced to afford the high loss ratio widened the discounts are discounts such as expanding the Mileage rider riders.

Kay and more recently Hyundai Insurance has announced that it will expand its riders mileage discount period from 1 days start next month contractual liability.

The riders will have less mileage mileage system with which the car insurance discounts depending on the distance traveled is greater discounts.

Hyundai if annual mileage is less than 3000㎞ maximizes discounts up to 32% from 22%. It will also have a new mileage 10,000 5000㎞ intervals apply a discount rate of 6%.

The more K Insurance is up to 41% discount applies to more than just a new annual mileage intervals and less than 1 5000km 2000km intervals. Each section is also expanding existing discount rate to less than 3000km from 33% to 38%, 5000km from 23% to below 26%, 10,000 km are higher than the respective discount rate to 19% from 17%.

KB has also joined non-life insurance. KB fiddling less than 15 days from next month 2000㎞ annual mileage is expected to expand its existing 23% discount up to 35%. 4000㎞ less mileage was also established to increase the discount rate to 21% or less, only ㎞ 30%, 1 1 million 2000㎞ period.

However, discounts and expanded temperature is lowered to experience each insurer separately by the consumer needs a substantially product selection to suit your circumstances can vary.

Because auto insurance rates are typically adjusted to reflect each company's loss ratio, etc. Based on the reference rate provided by the Korea Insurance Development Institute.

Car insurance is a product that receives the assessment of conformity to an online subscription to the nature dwaetdaneun formal obligations and insurance products structure. Given these characteristics naenwatda the financial authorities in the policy to allow easy comparison car insurance portal site from the second half of the year.



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