Rates of car insurance policies are soaring. If in the first six months of 2023, net of taxes, the average policy stood at 312 euros, in November it reached 391 euros, with an increase of +7.8% on an annual basis. Assoutenti states this, commenting on the data provided today by the Ivass Statistical Bulletin on insurance activity in the motor sector. “Car insurance rates recorded constant growth during 2023, to the point that the effective average price of a policy rose by 29 euros in November to 391 euros,” explains the honorary president of Assoutenti, Furio Truzzi.
“In the first half of 2023, premium collection is positive for insurance companies, reaching 6.1 billion euros with an increase of +2.9% compared to the corresponding period of 2022. If it is true that, due to inflation , the costs of claims increase, on the other hand the Ivass data certifies the strong reduction in the number of claims registered in Italy, which in 2022 collapsed by -15.6% compared to 2019, bringing their frequency to 5.13% compared to 5.89% in the pre-covid period. Precisely to shed light on the escalation of car insurance rates, on February 14th we will analyze the data during the meeting called by Mimit and the Rapid Price Alert Commission, in order to focus on the anomalies of the Italian insurance market”, concludes Truzzi.
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