DB Insurance Launches 'UBI Rider' to Promote Safe Driving Habits for Cargo Truck Drivers

DB Insurance announced on September 18 that it launched the "Electronic Driving Record Information-Based Safe Driving UBI (Usage-Based Insurance) Rider" for commercial auto insurance targeting drivers of cargo trucks over 1 ton on September 11.

This rider was introduced through a business agreement with the Korea Transportation Safety Authority. It utilizes driving record data collected via the Digital Tachograph (DTG) installed in vehicles. By analyzing risky driving behaviors such as speeding, rapid acceleration, and sudden braking, the company offers premium discounts to drivers who demonstrate safe driving habits.

To enroll in this rider, customers must submit their cargo truck driving records to the Korea Transportation Safety Authority. If a driver has logged more than 2,000 kilometers in the past 12 months and has a safety driving score of 81 points or higher, they are eligible for a 10% premium discount.

DB Insurance stated that the development of this rider aims to encourage cargo truck drivers to voluntarily practice safe driving, thereby preventing traffic accidents and enhancing the safety of cargo truck operations, ultimately improving both customer satisfaction and social benefits.

A DB Insurance representative said, "Due to the long-distance travel and heavy load characteristics of cargo trucks, traffic accidents involving these vehicles can result in significant damage. We expect that this UBI rider will support the development of safe driving habits among drivers and provide tangible premium reduction benefits, thereby contributing to the spread of a safety culture and a reduction in social costs."

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