Local insurance companies raise car insurance premiums, effective from early next month

주요 손보사들 내달 6∼15일 車보험료 최고 1.6% 인상

Car insurance premiums in Korea will be higher from early next month, following a Supreme Court ruling that raised the working life expectancy from 60 to 65.
Major insurance firms will raise rates between one and 1-point-6 percent and they are set to increase even further before the end of the year.