While motorists have to contend with in fuel prices on the other hand they can hope to save something withCar Insurance. In fact, average prices have undergone a small decrease and could soon be more consistent if the Government will grant the promised refreshments. In fact, a so-called insurance bonuswhich derives from the savings on car liability accumulated by the companies during the Covid.
Car insurance bonus
The auto insurance bonus comes from savings (or extra profits) accumulated by insurance companies during the lockdown for Covid in 2020in which there was a net decrease in accidents. A possible compensation to motorists was feared by the Government, through the voice of the Northern League’s Undersecretary for the Economy Federico Freni.
The undersecretary talked about it 811 million spared by the companies. The bonus could be paid out in the form of renewal discounts, coverage extensions etc. L‘Ivass estimates a measurable savings for insurance companies between 2.5 and 3.6 billion, which translates into a saving and a hypothetical bonus on the RC car of approx 70 euros.
Car insurance prices after Covid
According to the trade associations the travel restrictions of citizens linked to Covid have brought enormous benefits to insurance companies in the last two years, which have continued to collect policies, while the number of accidents, deaths and injuries on the roads has been lower.
According to Codacons estimates, Italian motorists suffered an overall economic damage on the TPL front in 2020 € 3.9 billion due to the travel bans provided for by the measures linked to the Covid emergency, for a total of approx 100.8 euros per insured, a figure which is obviously higher for residents of southern cities and for novice driverswho pay higher rates.
![Car insurance prices after Covid](https://foto1.newsauto.it/wp-content/uploads/2019/05/assicurazione-polizza-auto-neopatentati.jpg)
Faced with a 40% reduction in road accidents in 2020, TPL rates have dropped by only 5%, giving rise to an evident imbalance and a mockery to the detriment of citizens.
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