Delivery Motorcycle Insurance Calculator

Delivery Motorcycle Insurance Calculator helps estimate Korea-related auto insurance premium, coverage, indemnity, and driver-risk scenarios in English.

Delivery rider inputs

Motorcycle insurance result

Selected annual premium

₩1,807,313

Selected monthly premium

₩150,609

Comprehensive annual

₩1,807,313

Hourly annual

₩1,454,000

Break-even daily hours

7.2 h

Recommended type

Hourly ON/OFF

Related calculators

Delivery motorcycle insurance for Korea

This English guide follows the Korean calculator logic and preserves the Korean rates, thresholds, statutory periods, and insurance assumptions used by the source page.

Mandatory delivery coverage

For paid delivery use, ordinary personal motorcycle insurance is not enough. The Korean calculator uses delivery-use liability and comprehensive options, including mandatory bodily injury and property coverage. The property coverage floor reflected in the model is KRW 20 million.

Hourly ON/OFF insurance is modeled separately. The source model uses age 21 as the minimum age for hourly coverage eligibility, so younger riders see a warning even if the arithmetic premium can be computed.

  • The default scenario is a 30-year-old rider with 3 years of experience.
  • Default displacement is under 125cc and bike value is KRW 3 million.
  • The result compares liability-only, comprehensive, and hourly annual premium.

2026 self-injury and own-damage assumptions

Self-injury coverage is calculated as 55 percent of liability premium before the 2026 discount. The discount is modeled as 25 percent, reflecting the 20 to 30 percent reduction range described in the Korean source assumptions.

Own-bike damage is modeled at 8 percent of bike value when selected. The hourly option also includes a KRW 200,000 household-use base premium when that switch is enabled.