Home » Business » Annual Auto Insurance Barometer: 2023 Premiums Up 3.3% – Forecast for 2024 +3.5% – Assurland.com Leaders in Online Comparators

Annual Auto Insurance Barometer: 2023 Premiums Up 3.3% – Forecast for 2024 +3.5% – Assurland.com Leaders in Online Comparators

(AOF) – Assurland.com, leader in online insurance comparators, publishes its annual auto insurance barometer. The average car insurance premium is 651 euros at the end of 2023, up 3.3% year-on-year. Among the factors which explain this increase, repair costs have increased by 8.42% in recent months according to the SRA association. Furthermore, according to Road Safety, if the accident figures for 2023 were trending favorably, those for the last quarter turned out to be on the rise.

For 2024, Assurland.com forecasts are +3.5%. The insurance comparator mentions a slight increase to be expected for the insurance of electric vehicles, whose exemption from TSCA (special tax on insurance agreements) declines from 100% to 75% as well as the arrival of more drivers. young people on the market with a license at 17 years old, priced more expensively.

To reduce the amount of your car insurance, Assurland.com points out that bringing in competition and adjusting guarantees to your needs remain the most effective levers.

According to the barometer’s conclusions, the most expensive region to insure your vehicle remains Ile de France (771 euros), while PACA suffers the largest increase (+ 5%).

Conversely, the Western regions are the least expensive in France in terms of car insurance (Brittany, Pays de la Loire and Nouvelle Aquitaine).

2024-02-05 10:19:39
#Assurland.com #annual #auto #insurance #premium

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.