18/06/2026
Q: Why is car insurance expensive for first-time drivers in South Korea?
A: First-time drivers in South Korea pay higher premiums because insurers have no prior claims history to assess their risk. Without a track record, you are considered a higher statistical risk. Premiums typically decrease significantly after one or two claim-free years. Comparing quotes across multiple insurers is especially valuable for new drivers, as pricing for this group varies widely between companies.