Dashcam discounts 'not an option'

Regulators have stressed all insurance companies must give motorists discounts of 5-10% on auto insurance premiums for all vehicles equipped with closed-circuit TV systems (CCTVs) or be fined.

The move followed consumer complaints that some companies had refused to do so.

Suthiphon Thaveechaiyagarn, secretary-general of the Office of Insurance Commission (OIC), confirmed on Saturday vehicles with dashboard cameras also qualified for the privilege, not just those with CCTV systems, so long as they could record video clips.

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