Car Insurance Fees Will Have More Variety

The insurance fees on cars will be varied starting this month.
Insurance companies which issue coverage for car drivers will provide more varied fees for car insurance based on the driver's sex, the class of car and risk of accident.
Sources at the industry are saying that insurance fees will be lowered in general.
They are expecting that insurance fees for commercial vehicles including buses and taxi will be lowered by 5~15%.
In the case of car owners who are in their 30s or 40s, the fees will be lowered by a maximum of 6% and female drivers will pay on average 2% less than male drivers.
Whereas, insurance fees for male drivers who are in their 20s or more than 50 years old with children will be more expensive.
Sources at the industry are estimating that in case of big insurance companies, insurance fees for cars will be lowered by an average 1~2% and in case of small companies by 2~3%.