I recently learned that I can get a discount in my car insurance rate depending on my good driving score on a navigation app of a wireless carrier I use. The call center staff of an insurance company told me that I could get a...
KB Insurance, Hyundai Motor, Kia Motors, the Korea Transportation Safety Authority and Hyundai Commercial inked a memorandum of understanding (MOU) Tuesday to collect and utilize driving data and contribute to growing the mobility ecosystem.
Drunk drivers and offenders in hit-and-run accidents may have to pay compensation up to 154 million won ($124,000) starting next month for death and damage they cause on the road, according to an announcement from the FSS Wednesday.
As drivers rush to beef up their insurance plans in the wake of tougher penalties for traffic violations, the Financial Supervisory Service (FSS) is warning consumers to educate themselves on both the new laws and the new policies being offered.