Toss to Launch Car Insurance Premium Comparison and Recommendation Service with Insurers Starting from the 19th

Financial Services Commission's Car Insurance Comparison and Recommendation Service 2.0
First Released in the Industry... Earn 50 Toss Points Just by Checking

Toss announced on the 18th that starting from the 19th, it will provide the same car insurance premiums on its application as those offered on each insurer's online channel (CM).

This service was implemented in accordance with the Financial Services Commission's 'Car Insurance Comparison and Recommendation Service 2.0' policy, and Toss is the first in the industry to introduce it.

With this update, consumers can compare and purchase car insurance premiums at the same rates both on the insurers' online channels and on Toss.

Toss has partnered with 10 major insurers including Samsung Fire & Marine Direct Insurance, DB Insurance, Hyundai Marine & Fire Direct Insurance, KB Insurance, Meritz Fire & Marine Insurance, Carrot General Insurance, AXA Direct Insurance, Hana Insurance, Heungkuk Fire & Marine Insurance, and Lotte Insurance.

In addition to premium comparisons, various discount riders can also be checked within the Toss app. Discount options that vary based on driver conditions such as public transportation usage, navigation apps, car accessories, and whether the driver has children can be easily selected. If using the Toss pedometer, users can receive step-count-based discounts without installing a separate app.

Additional benefits have been prepared for customers using the 'Compare Car Insurance' service. Customers who check insurance premiums will receive 50 Toss Points once for the first time. This applies to new car buyers, insurance renewal candidates, and all users who used the insurance comparison and recommendation service before the 21st.

After comparing car insurance on Toss, if payment is made via Toss Pay, some products offer up to a 30,000 KRW discount on the insurance premium.

A Toss representative said, "About half of the entire population subscribes to car insurance annually," adding, "We will continue to enhance our services to provide more convenient comparison and recommendation services and richer benefits."