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Cost of car insurance in Korea--- liability only?

 
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PeterDragon



Joined: 15 Feb 2007

PostPosted: Thu Feb 28, 2008 7:12 am    Post subject: Cost of car insurance in Korea--- liability only? Reply with quote

How much would the bare minimum--- liability only--- run me for car insurance in Korea? And what are the best companies to go through?
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dr. love



Joined: 09 Oct 2007
Location: Seoul

PostPosted: Thu Feb 28, 2008 7:00 pm    Post subject: Reply with quote

It is around 500-600 000 won.

That is the basic insurance.
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PeterDragon



Joined: 15 Feb 2007

PostPosted: Thu Feb 28, 2008 8:28 pm    Post subject: Reply with quote

dr. love wrote:
It is around 500-600 000 won.

That is the basic insurance.


Is that per month? Per quarter? Per year?
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safeblad



Joined: 17 Jul 2006

PostPosted: Thu Feb 28, 2008 8:47 pm    Post subject: Reply with quote

try Daum Direct

I forget the figure but me and my gf are both insured on a 1.5 '99 Lanos for somewhere in the 300,000 range.
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PeterDragon



Joined: 15 Feb 2007

PostPosted: Thu Feb 28, 2008 8:50 pm    Post subject: Reply with quote

Thanks for the tip.

Once again though, is that per month, per quarter or per year?
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safeblad



Joined: 17 Jul 2006

PostPosted: Thu Feb 28, 2008 8:52 pm    Post subject: Reply with quote

PeterDragon wrote:
Thanks for the tip.

Once again though, is that per month, per quarter or per year?


per year
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TheChickenLover



Joined: 17 Dec 2007
Location: The Chicken Coop

PostPosted: Thu Feb 28, 2008 9:38 pm    Post subject: Reply with quote

Absolute nonsense.

I paid 540,400 for the YEAR with MAX coverage on my new car.

LIG insurance

Cheers

Chicken
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discostar23



Joined: 22 Feb 2004
Location: getting the hell out of dodge

PostPosted: Thu Feb 28, 2008 10:11 pm    Post subject: Reply with quote

i think i paid 400 from AIG near crown hotel in itaewon
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dr. love



Joined: 09 Oct 2007
Location: Seoul

PostPosted: Thu Feb 28, 2008 11:19 pm    Post subject: Reply with quote

That's for a year. I paid about 550 000 won on my car this year. Maybe I should get a quote from another company.
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cbclark4



Joined: 20 Aug 2006
Location: Masan

PostPosted: Fri Feb 29, 2008 6:24 am    Post subject: Reply with quote

What's the libility cap on that 500Kw max insurance?
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ajuma



Joined: 18 Feb 2003
Location: Anywere but Seoul!!

PostPosted: Thu Mar 20, 2008 12:22 am    Post subject: Reply with quote

Does anyone know of an English-speaking agent I could call for car insurance? Since I changed my place of employment, I can no longer get insurance though my schoo.

Phone numbers, names, links would be appreciated!
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bassexpander



Joined: 13 Sep 2007
Location: Someplace you'd rather be.

PostPosted: Thu Mar 20, 2008 12:53 am    Post subject: Reply with quote

For English-speaking car insurance agents, call these guys. I get mine done there. Gina Insurance agency:

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]
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nobbyken



Joined: 07 Jun 2006
Location: Yongin ^^

PostPosted: Thu Mar 20, 2008 12:59 am    Post subject: Reply with quote

My first year, Korando 700K.
Got a letter showing max (7 years) no-claims from the UK, and this year paying 400K on a 2000 Matiz.
Both were for me and my wife.
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