The prices of motor liability policies decreased by 6% in 2014 thanks also to the lower use of vehicles linked to the economic crisis and to the new rules on compensation for minor damages. This is what emerges from the latest survey conducted by Ania among insurance companies. In particular, explains the Association of Insurance Companies, the average price went from 437 euros in 2013 to 411 euros per vehicle (excluding taxes).
“In two years – underlines ANIA – the average prices of policies have fallen by 10%. In fact, the reduction process that began in November 2012 continued and which, since then, has never stopped, as confirmed by Eurostat, in contrast to what happened in all the other European countries where the liability premium cars in 2014 increased, in some cases even significantly”.
This has led to the reduction of the gap between Italian premiums and those of the other main countries. If, in fact, between 2008 and 2012, as the Boston Consulting Group study on motor liability prices in Europe has revealed, Italian policies were more expensive by 213 euros than the average in Germany, France, Spain and the United Kingdom, in the last two years the margin was reduced to 177 euros.
"The reduction - explains ANIA - is a consequence of the prolongation of the economic crisis which has limited the use of cars and actually decreased the frequency of accidents but also of the greater competitiveness of companies which allows consumers to choose the most convenient offer ”.
"The positive impact - adds the president of ANIA Aldo Minucci - was also determined by the law which made the criteria for compensation for minor personal injury more stringent, a sign that if effective structural reforms are adopted, they can actually be reduced over time the prices of the policies”.
“It is essential – he added – that the next interventions announced by the government introduce concrete measures to combat the expensive motor liability in Italy. I am referring to an effective action to combat fraud and, above all, to the approval of the tables on compensation for damages from serious injury or death which, in the latter case, provide for compensation 4 times higher than the rest of Europe" .
