Carrot Sonbo sells Per Mile Auto Insurance on TMON

Carrot General Insurance announced on the 14th that it will also launch its per-mile auto insurance on TMON, a time-commerce company.

[Asia Economy Reporter Oh Hyung-gil] Carrot General Insurance announced on the 14th that it will also launch pay-per-mile car insurance on TMON, a time commerce company.

Pay-per-mile car insurance features paying insurance premiums only for the distance driven each month in addition to a basic monthly fee. It has established a network with over 1,200 SK Networks Speedmate locations and more than 400 partner repair shops.

Through a partnership with TMON, Carrot General Insurance expects to actively approach millennial customers who are familiar with using time commerce platforms and need car insurance by appealing to digital convenience and reasonable pricing.

An event offering up to 30,000 KRW in TMON Cash to subscribing customers will also be held. TMON Cash is paid at the end of the month following the subscription date and the benefit is maintained when paying insurance premiums exceeding 300,000 KRW annually. The same benefit can be received for each vehicle if owning two or more cars.

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