Car liability insurance premiums to rise for drunk drivers

Taipei, Premiums for compulsory auto liability insurance will be increased by NT$3,600 (US$123.5) for every time a motorist is caught driving under the influence of alcohol, starting from March 1, according to Taiwan's Financial Supervisory Commission (FSC).

The commission said it has decided to increase premiums for drunk driving again given that the latest hike of NT$2,100 per year for each drunk driving offense in March 2014 was not effective in reducing the number of casualties caused by the behavior.

Citing statistics compiled by the National Police Agency, the FSC said about 200 people were killed and more than 10,000 people injured a year on average in car accidents caused by drunk drivers from 2009 to 2017, bringing incalculable losses to society.

The premium for compulsory car liability insurance is currently about NT$1,866 a year for male drivers 25 to 30 years old and NT$1,457 for female drivers of the same age group, FSC data showed.

The adjustment of liability insurance premiums for drunk drivers will be calculated based on the number of drunk driving violations reported in a year, without any ceiling, the FSC said.

Source: Focus Taiwan News Channel