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RnH
Joined: 02 Aug 2006
Location: Korea
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 Posted: Sat Oct 13, 2007 2:34 am Post subject: How much do you pay for car insurance? |
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Hi there,
We are in the process of buying a car - a used hyundai accent. We have a few insurance companies in mind, but we'd like to know what is the average insurance cost for this kind of car? We are under 26, on an E2 visa, teaching at a hagwon- we have heard that there may be discounts for public school teachers, but not hagwon teachers with educar. Any advice would be appreciated! Thanks in advance! |
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Korlingus
Joined: 01 Sep 2007
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| Posted: Sat Oct 13, 2007 3:12 am Post subject: |
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| If you are in Seoul, check Itaewon. I don't recall what I used to pay for liability back in 2003, but it wasn't much. I was with AIG. They have offices in the vicinity of any major military base with English speaking staff. |
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rjrs0510
Joined: 10 Feb 2006
Location: Seoul
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| Posted: Sat Oct 13, 2007 4:29 am Post subject: |
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| i use anycar insurance from samsung, about $400 a year for an SM3 (basic insurance)...u should aim to pay less than $500, but of course it depends on the type of policy u have. |
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butlerian
Joined: 04 Sep 2006
Location: Korea
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| Posted: Sat Oct 13, 2007 5:11 am Post subject: |
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| I had to pay around 700,000 as I'm under 26... |
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hongdae2
Joined: 17 Sep 2006
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pest2
Joined: 01 Jun 2005
Location: Vancouver, Canada
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| Posted: Sun Oct 14, 2007 5:05 am Post subject: |
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Right, it depends on your nationality, too... actually, Koreans have to pay MORE than I do, all else equal....as well as the year of the car. Did you say the year? that affects the rate.
I have a 97 daewoo and I paid about 500,000 for a year. Im from the usa and between 30 and 40.... |
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RnH
Joined: 02 Aug 2006
Location: Korea
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| Posted: Tue Oct 16, 2007 6:23 pm Post subject: |
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| Great, thanx for all the advice! But I have heard that buying your insurance online with companies like Daum Direct are a little cheaper. Does anyone know anything about this? Thanks! |
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Hollywoodaction
Joined: 02 Jul 2004
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| Posted: Tue Oct 16, 2007 11:16 pm Post subject: |
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| 600 000 won a year or so for my SUV. |
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bassexpander
Joined: 13 Sep 2007
Location: Someplace you'd rather be.
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| Posted: Tue Oct 16, 2007 11:23 pm Post subject: |
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This place speaks English, and more importantly, they have an English person you can talk to if you have an accident:
Welcome to our AIG Webpage! Our Auto and property insurance staff has been providing outstanding service to foreigners in South Korea for over 16 years. Our English speaking staff is ready to give you a free insurance quote today. We are conveniently located on the 2nd Fl., Daejin Bldg. #36-39 Itaewon-Dong, Yongsan-Gu, Seoul 140-862 Korea, by Yongsan Gate #52. Call 822-794-7414, 822-793-6903 (Office), 8211-9873-7415 (Mobile) or e-mail: [email protected] for service today. |
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