Higher Risk Classification for Drivers with Comprehensive Insurance in Rhineland-Palatinate

Worse classification for drivers with comprehensive insurance

For hundreds of thousands of drivers in Rhineland-Palatinate deteriorates risk assessment for the car insurance. “In Rhineland-Palatinate, according to the regional statistics published today, over 40 percent of the approximately 2.1 million people with comprehensive insurance are in higher regional funds classified,” explained the General Association of the German Insurance Industry (GDV) on Thursday, August 24th, 2023.

Damages are evaluated every year

Regional classes are a Tariff featurewith which insurers die Amount of car contributions establish. cause of the development storm damage.

Every year, the GDV evaluates the damage balance of the approximately 400 registration districts in Germany and divides them into regional classes. The decisive factor is not the location of the damage, but the Place of residence a car driver. Where insurers have had to pay a particularly large amount, premiums can rise. The lower a district is classified, the cheaper the insurance premium is usually.

This is where insurance comes in

In Rhineland-Palatinate, the districts of Ahrweiler, Koblenz and Mayen-Koblenz have risen by two classes in the classification of partially comprehensive insurance, and in Ahrweiler also that of fully comprehensive insurance. “A key reason for the reclassifications was a Severe weather in May 2022which caused damage of around 100 million euros to cars with gusts of wind and hailstorms in the former administrative district of Koblenz,” the association announced.

Little has changed in motor vehicle liability insurance: In 35 of the 38 Rhineland-Palatinate districts and for over 90 percent of drivers, the regional classes of the previous year remain the same. Only Altenkirchen im Westerwald and Bad Dürkheim an der Weinstraße are classified in a lower regional class, Speyer in a higher regional class.

German press agency