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Japan's Voluntary Auto Insurance Rate Rises to 47.2% in 2023
Japan's voluntary auto insurance rate stood at 9% in 1979 and reached 47.2% in 2023, a fivefold climb over 44 years that left more than half of vehicles without coverage, e-Stat data shows.
22 hr ago
Social
Japan's Voluntary Auto Insurance Rate Reaches 47.2% in 2023
Japan's voluntary auto insurance rate rose from 9% in 1979 to 47.2% in 2023, a fivefold increase driven by decades of steady growth, e-Stat data shows.
1 d ago