Insurance Post

Deductibles distrust blamed for Thailand's high motor premiums

car crash

A reluctance to apply deductibles may be keeping Thai motor premiums unnecessarily high, according to the country's General Insurance Association.

Choosing a deductible, the amount paid by the consumer in the event of an accident before the insurance kicks in, can reduce premiums by 5%- 20%.

But despite this, insurers and drivers remain

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