South Korea government plans to introduce AI car insurance services next year to speed up post-accident handling. Based on the picture of the damaged vehicle, AI can determine the severity of damage, the possible repair needed, on top of automatically calculating the repair cost. The system is a combination of AI and Auto Insurance Repair Online Service (AOS), currently in use by insurance companies and auto repair shops. The Korea Insurance Development Institute explains that the AOS system can cover 170 vehicle models, accounting for 90 percent of all types. Its utilization will facilitate and expedite the process of insurance claims, whereby owners will instantly receive an estimated repair cost in the event of an accident.
Source: http://www.businesskorea.co.kr/news/articleView.html?idxno=48830
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I recently read about South Korea using AI for post-accident insurance claims, and honestly, it sounds like a relief. A couple of years ago, I had a minor accident, and the paperwork alone was exhausting. If something like this existed back then, it would’ve saved me so much time and stress. It reminds me of how helpful it was when I called the Vision Service Plan customer service number for a quick issue they handled everything smoothly. Technology like this just makes everyday problems easier, and I’m all for anything that reduces hassle and lets people focus on getting back to normal life faster.