Regulators have told insurers to give a 5-10% discount on net auto insurance premiums for vehicles equipped with closed-circuit TV cameras, including dashboard cameras.
Suthiphon Thaveechaiyagarn, secretary-general of the Office of Insurance Commission (OIC), signed the order on Friday, according to Thai media.
The rule applies to all types of vehicles.
Customers eligible for the discount must provide photos of the installed cameras in their vehicles as proof when entering into contracts or renew insurance policies. They must also keep the equipment in place throughout the insured period.
The move aims to promote the equipment use to help provide evidence in cases of accidents and to improve traffic discipline.
Dashboard cameras have been popular over the past few years as their prices have been increasingly affordable and their features enhanced. Footage has been used widely, especially in social media.