Auto insurance in Italy is twice as expensive in France ..

According to a report presented this week by the Italian Authority for Insurance Supervision, the average auto premiums paid by policyholders Italian would be two times higher than in France. Prices that would be due in part to high rates of loss observed in Italy.

Auto insurance: an average tariff Italian high compared to neighboring countries

According to a recent report published by Giancarlo Giannini, president of the ISVAP, the Italian control of the insurance sector, the average cost of car insurance in Italy will reach 407 euros. An amount approximately twice the average rate recorded by insurers in France. And Italy far exceeded the averages shown in neighboring countries. Thus, the average price of auto insurance in Spain is 229 euros, while France and Germany have even lower prices. Rates displayed in France produced an average of 172 euros 222 euros against the Germans.




Italian insurers widely criticized

The Isvap adds that in seven years, the amount of insurance premiums paid by the Italians to secure their car would have increased by 17.9% against 7.1% increase on a continental scale. Giancarlo Giannini said that some regions of Italy are experiencing very high premiums. Auto insurance rates yet paid by young drivers may exceed 7000 euros for a car of average power. Ultimately, the high cost of these tariffs may disadvantage the insurance sector in Italy, warns Isvap in its report. One criticism that is added to that of the Italian press has accused his own insurers to charge rates "ethnic" differences with 20% by nationality.

The association of insurers to defend Italy

The Ania, a group representing insurers in Italy, said in a statement, the reason for these premium cars very expensive. He said the loss ratio recorded in Italy are the highest in Europe, with a percentage of 8.6% for 2009. An actual rate twice that of France which has a ratio of loss of 4.4%. The Association points to the non-homogeneity of the Italian legislation regarding the criteria of damage, compared to that applied in all countries in the area. It also denounces the lack of Fraud in Italy for insurance claims.

Increase in auto insurance in 2011

How much insurance do they increase in 2011?

The rising cost of auto insurance will range from 2.5 to 4.5% (instead of 8% for housing and health) according to the companies and contracts but we can already see evidence on some forums that talk of 10 % on certain brands.
MMA For example, MAIF and Maaf are those that increase the least with about 3% for 2011. Axa would increase rather than 4.5% as Direct Insurance.

Please feel free to testify at the bottom of page stating your own case the increase you have suffered.

The French market for the automobile in 2011

Despite very favorable state devices and car insurance with a relatively moderate cost, the French auto market has been a sad year 2010. Now, the question arises as to the reality of the market in 2011 even though the scrapping has been removed and that car insurance will be increased gradually. In this regard, it behooves us to emphasize the impact of the cost of auto insurance home builders. Indeed, a very expensive automobile insurance does not encourage the purchase of vehicles grows and consumers towards smaller-scale cars. Therefore the 12 months of 2010, with 2,251,736 registrations, the French market for passenger cars was down 2.2% unadjusted and 3.0% at comparable number of working days compared to the same period of 2009 (254 days of January to December 2010 and 252 days from January to December 2009).

Thus, with 417,674 registrations from January to December 2010, the French market for new light commercial vehicles (under 5.1 tonnes) were up 11.7% unadjusted and 10.8% in comparable number of working days compared to the same period of 2009. In addition, 2,669,410 new light vehicles (passenger cars and light commercial vehicles under 5.1 tons) were registered during the first twelve months of 2010, down slightly from 0.3% in raw data and 1.0% and comparable number of working days over the same period of 2009.Finally with 34,224 registrations from January to December 2010, the French market for commercial vehicles over 5 tons is down 3.7% over the same period of 2009. However, the automotive sector retains a degree of confidence to the extent that the effects of the crisis now seem behind us.