Carrot Sonbo partners with GS Homeshopping to sell Per Mile auto insurance

Carrot General Insurance announced on the 15th that it has partnered with GS Home Shopping to sell per-mile auto insurance.

[Asia Economy Reporter Oh Hyung-gil] Carrot General Insurance announced on the 15th that it will sell per-mile auto insurance in partnership with GS Home Shopping.

When searching for auto insurance on the GS Home Shopping mobile app, information and subscription routes for per-mile auto insurance are provided. Even just calculating the insurance premium enters customers into a draw where 1,000 people will receive 10,000 KRW in GS Shop points.

Additionally, it offers expanded coverage including driver insurance benefits such as criminal settlement fees, attorney fees, fines, as well as support for plastic surgery and dental prosthesis expenses.

Carrot General Insurance expects active product guidance targeting female customers through the partnership with GS Home Shopping.

Per-mile auto insurance is a postpaid auto insurance linked to driving distance. The Carrot Plug device, installed in the vehicle's cigarette lighter socket, measures travel distance, and the insurance premium is paid monthly based on the distance driven. Drivers who drive less than 15,000 km annually can save approximately 8-30% on insurance premiums compared to traditional insurance.

Jung Young-ho, CEO of Carrot General Insurance, said, "We expect to promote per-mile auto insurance to more customers through our partnership with GS Home Shopping, a leading domestic distribution channel," adding, "We will actively work on securing channels and focus on promoting a reasonable insurance lineup."

This content was produced with the assistance of AI translation services.