<Anchor>

accidents were caused by expensive luxury cars, but the insurance premiums of the victims, the owners of the low-cost cars, often increased. This is because the premium premium was applied based on the amount of compensation, which ameliorates this absurdity.

Reporter Yoo Deok-ki reports.

<Reporter>
As the number of high-priced vehicles on the
road increases, so do the number of drivers who drive defensively.

[Kim Young-seok/Driver: Even if the other party's fault is 7 and my fault is 3, (if the other party is an expensive vehicle), the insurance bill will be higher and the repair fee will be higher...].

In fact, in the event of an accident in which the fault rate was 80% for the Mercedes and 20% for the Sonata, only the owner of the Sonata had a premium increase.

A Mercedes car only needs to pay 50,5 won, but the Sonata has a compensation of 200 million won, which is well above the material surcharge of 8 million won.

The current auto insurance premium is based on the amount of damage indemnified to the other party.

As a result, owners of high-value vehicles and low-cost vehicles who have been involved in an accident have suffered additional damage, at least if they are at least at fault, and their insurance premiums will go up.

Especially with the increase in expensive vehicles, the equity debate has grown.

Last year, the number of expensive vehicles over 55 million won nearly doubled to 4,3 units, and the average repair cost was more than three times that of ordinary vehicles.

The Financial Services Authority has come up with an improvement plan.

In addition to the existing accident score, a separate score is newly established and reflected in the premium increase.

Insurance premiums are increased by adding 1 extra point to the existing accident score for high-cost damaged vehicles, and the surcharge is suspended for low-cost damaged vehicles by applying only 0.5 extra points instead of the existing accident score.

It is applied if the amount of compensation for the low-cost damaged vehicle is more than three times that of the offending vehicle and exceeds 3 million won.

The amendments will apply to incidents that occur from next month.

(Video Interview: Lee Sang-hak, Video Editing: Choi Hye-young, VJ: Kim Young-rae)