KB Insurance Surpasses 1 Million Customers for Direct Auto Insurance

KB Insurance announced on the 22nd that its direct auto insurance has surpassed a cumulative total of 1 million subscribers.

[Asia Economy Reporter Oh Hyung-gil] KB Insurance announced on the 22nd that its direct auto insurance has surpassed 1 million cumulative subscribers.

KB Insurance's direct auto insurance has established an online and dedicated application system that allows anyone to easily subscribe, offering discount benefits such as ▲Mileage Discount Special Contract ▲Black Box Installation Discount Special Contract ▲T-map Safe Driving Discount Special Contract ▲Public Transportation Usage Discount Special Contract ▲Step Count Discount Special Contract.

This year, the most selected special contract by customers was the 'Mileage Discount Special Contract,' with 78.5% of individual contract customers subscribing. When the annual converted driving distance is 15,000 km or less, customers can receive a refund on their insurance premium based on their actual driving distance.

With the recent increase in remote work reducing vehicle driving distances, interest has grown as more customers can receive greater insurance premium discounts.

It was also explained that many customers subscribe to the Black Box Installation Discount Special Contract. A 3.4% discount is provided for new cars less than 3 years old, and a 2% discount is offered for vehicles between 3 and 12 years old.

In addition to the black box, vehicles equipped with advanced safety devices such as forward collision prevention systems and lane departure warning systems at the time of delivery can receive an additional discount of up to 6%.

Furthermore, KB Insurance sells various auto insurance products, including 'One-Day Auto Insurance,' which allows easy subscription via mobile for periods ranging from a minimum of 1 day to a maximum of 7 days, and 'Direct Two-Wheeler Insurance' exclusively for motorcycles.

Recently, the direct-only app added the 'KB Walk (WALK)' feature, a healthcare service that offers a 3% insurance premium discount through the Step Count Discount Special Contract when customers achieve a certain number of steps.

A KB Insurance official stated, "Direct insurance is expected to continue growing as it allows easy subscription and contract management online without time and space constraints," adding, "We will do our best to provide customers with easier, faster, and more affordable direct insurance services."

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