Dash cams cut premiums

Dash cams cut premiums

An order forcing insurers to give a 5-10% discount on net auto insurance premiums for vehicles equipped with dash cam TV cameras has become effective.

The order, signed by Suthiphon Thaveechaiyagarn, secretary-general of the Office of Insurance Commission, was published in the Royal Gazette on Friday with immediate effect.

According to the order, insurance companies are required to reduce auto insurance premiums by 5-10% for customers who present photographic evidence of dash cam installation in the front of their cars. Car owners are also required to ensure the cameras are functional during the period of insurance coverage.

The rule applies to all types of vehicles.

The cameras are deemed a useful tool that will help reduce disputes after road accidents.

Do you like the content of this article?
COMMENT

Ratchanok crashes out of badminton World Tour Finals

Ratchanok Intanon suffered a shock defeat at the hands of her Thai compatriot Pornpawee Chochuwong at the HSBC BWF World Tour Finals 2020 which started on Wednesday.

20:56

Jabs for 19m

PM Prayut says 19 million targeted in first phase of Covid-19 inoculations starting on Feb 14, amid criticism government has been slow in rolling out vaccines.

20:36

End of the role

Democrat MP Thepthai Senpong disqualified by Constitutional Court for poll fraud, clearing way for new election in Nakhon Si Thammarat.

19:39