Repair costs for imported cars to drop in South Korea

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Repair charges for imported cars are expected to come down as South Korean non-life insurers make a deal with foreign carmakers after their decision to reduce insurance premiums for drivers by 2%.

According to reports in The Chosunilbo, Samsung Fire and Marine Insurance "agreed with Mercedes-Benz and BMW late last year to cut repair charges, and recently with Audi", a spokesman said.

Mercedes

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