Carrot General Insurance announced on the 12th that it has launched a per-mile auto insurance exclusively for electric vehicles.

Carrot General Insurance announced on the 12th that it has launched a per-mile auto insurance exclusively for electric vehicles.

View original image


[Asia Economy Reporter Oh Hyung-gil] Carrot General Insurance announced on the 12th that it has launched a per-mile auto insurance exclusively for electric vehicles.


The per-mile auto insurance exclusively for electric vehicles is introduced through a partnership with Kia EV6 and plans to expand its coverage to all electric vehicles in the future.


It consists of special coverage for electric vehicle battery new value compensation that reimburses battery repairs without depreciation in case of accidents, special coverage for excess repair costs of own vehicle damage up to 150% of the vehicle's value during actual repairs, special coverage for risks during electric vehicle charging including death or injury of the insured and electrical damage to critical parts, and an emergency towing service special coverage that extends the free towing distance to 120 km.


In particular, support for excess repair costs of own vehicle damage is available up to 150%, and the free emergency towing service distance has been expanded to 120 km, strengthening the compensation standards.



When subscribing to the per-mile auto insurance through the Kia Members site, up to 30,000 Kia Members points are awarded. A special event allowing payment of insurance premiums with up to 200,000 Kia Members points is also being held until the end of the year.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing