[Korea gimmingyeong financial newspaper reporter] was to have been a 'car insurance mileage interlocking riders' subscribers to discount shorter than half that mileage discount car insurance premiums. Rider subscription rate was increased 3.2-fold in four years to 36.3%.
Insurance Institute has told reporters over the 24 days' car insurance mileage linkage analysis Up rider status and main characteristics.
Currently 11 domestic insurers are working to sell works mileage rider to apply differential premiums based on actual mileage. In 2011 during the introduction period is discounted mere 7000km was expanded in March 2017 to 1.8 Up to 10 000 km. Discount also increased significantly by introducing the current 38.0 to 11.9 percent at the time.
95.1% of subscribers are mostly riders opted for the 'after discount "scheme under the spirit after the expiration of the policy period. Even the same mileage because "good discount" more premium size of the discounts before receiving a discount.
Join the driver's gravity riders actually received the premium discount was found to be 61.2% in 2015 based on the subscriber. 6 out of 10 riders signed up for the talk to conform to the rider off conditions of the insurance company received a premium discount. It was compiled by the average mileage of 5630km these drivers. Mileage rider discounts interval trend to increase the average mileage 10 000 to 1 in accordance with the expansion of the existing 8000km 7000km.
Looking detail showed particularly high subscription rate of "online, women, small cars. Agents such as offline subscription rate was 20.1% more than the online channel subscription rate is higher than doubled to 55.4%, female subscribers outnumbering males 35.5% to 38.5%.
A vehicle type has the most compact car Up to 41.4% HOV This was the lowest with 30.7%.
The subscription rate, was the 20th most common for the "over '70 years By age and '50 for" somewhat low. Insurance Institute's '50 versus child if driving as the cars gotta adults and parents more mileage after retirement, while 60 stands for a temporary increase mileage child is always in effect, such as to buy own car he seems to have increased rider to join 'he said.
Seongdaegyu Insurance Institute chapter 'is goods and price competition for insurance products, price superior subscriber gain of liberalization measures after the insurer's financial authorities have become more intense, it said it selected a low-risk subscribers as' mileage Products lowers the premiums paid said it would be a core competence in determining the competitive advantage is product development strategy in the future. "
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