> ## Documentation Index
> Fetch the complete documentation index at: https://docs.korint.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Repricing

> Adjust a policy's premium mid-term based on an external signal, without a renewal.

Repricing is a **mid-term premium adjustment**: the price of an active policy is recalculated and updated part-way through its term, without waiting for renewal. It is driven by an external signal — most notably a telematics driving-behaviour score — so that the premium can reflect how the insured actually uses the covered risk.

Today, repricing is used for usage-based motor products (the VTC products on Yeet and Axece), where the driving score comes from [DriveQuant](/concepts/integrations/telematics). It is enabled per product and does not apply to products that are not configured for it.

## How repricing works

Repricing runs on a dedicated policy branch, separate from renewal, so a repricing never interferes with the policy's renewal cycle. When a repricing is triggered for an eligible policy:

* A new quote is computed on the repricing branch, using the latest external signal (for example the current driving score).
* The branch is **merged automatically** — the new price simply takes effect on the policy.
* The adjusted premium is **prorated against the remaining term**, so the customer is charged the new rate only for the time left to run.

<Note>
  Unlike a [renewal](/concepts/core-lifecycle/renewals), repricing has **no customer accept/refuse step and no notice period**. The updated price applies directly once the repricing merges.
</Note>

## Eligible repricing dates

Eligible repricing dates are computed from the policy's start date plus a configured interval — for example, every three months. Each anniversary of that interval is a candidate repricing date. A policy is repriced at most once per interval: if it has already been repriced for the current period, or if the policy is stopped, no further repricing is applied.

## Repricing vs. renewal

<CardGroup cols={2}>
  <Card title="Repricing" icon="gauge-high">
    Mid-term. Driven by an external signal. Merges automatically — no customer decision, no notice period. Prorated over the remaining term.
  </Card>

  <Card title="Renewal" icon="rotate">
    At the policy anniversary. The customer can accept or refuse (unless tacit renewal is configured). Starts a fresh term.
  </Card>
</CardGroup>

## Related pages

<CardGroup cols={2}>
  <Card title="Renewals" icon="rotate" href="/concepts/core-lifecycle/renewals">
    The anniversary-based cycle that repricing is distinct from.
  </Card>

  <Card title="Telematics" icon="signal" href="/concepts/integrations/telematics">
    The driving-behaviour scoring that drives repricing on usage-based motor products.
  </Card>
</CardGroup>