Press
GIROJ has published "Automobile Insurance in Japan 2023"
Release Date: October 31, 2023General Insurance Rating Organization of Japan (GIROJ) has published “Automobile Insurance in Japan 2023”, which contains the most up-to-date and reliable information regarding Japanese automobile insurance scheme.
Outline of revision:
1. Changes to major systems which has changed after the issue of 2020 version
・ The revision of the Road Traffic Act
(The motor classification for electric scooters was newly set in July, 2023.)
・The revision of the Automobile Liability Security Act
(System in the Government Plan for Automotive Safety & Victim’s Aid and levy has changed in April, 2023.)
・The revision in the standard policy
(Reference Loss Cost Rates of the bodily injury indemnity coverage were set additionally in June, 2021.)
2. Addition of the recent trend in automated driving
It is available to all interested parties via https://www.giroj.or.jp/english/pdf/Automobile.pdf.
