South Korea’s Insurtech Carrot Launches Pay-Per-Mile Insurance Designed Specifically for Electric Vehicles

Carrot EV Cover is introduced into the component as a way to provide electric vehicle owners with an insurance option just tailored to sustainable mobility, according to carrot’s spokesperson. taking into account the fixed additional charges, thus charging consumers higher premiums. But Carrot’s policy with moderate rates and still designed to satisfy the express desires of electric vehicle owners, actually proves that the company is at the forefront with strong competitive profits over its peers in this market segment.

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