Will it ever end? Because for some time now, all areas of spending by motorists have a tendency to increase during the months. This, of course, applies to the price of fuel, but not only. In fact, the rate of duty has also increased very sharply, by about 4.75% in February last year. And every year, road operators have the right to raise prices, transferring to them up to 70% of the inflation rate. But that’s not all, because we must not forget that the sum insured also continues to grow.

Car collisions happen more often than you might think, and they often happen during your daily commute. It is important to know how to react. #Hang up #Auto insurance pic.twitter.com/n762b413p4

— C l’Assurance (@ClAssurance) July 6, 2022

Significant growth is expected

In fact, the latter is reviewed every year depending on emergency level previous year And in general, it is on the rise, as in many other areas. Not surprisingly, this will be the case in 2024 as well, according to the estimates of insurance comparator Assurland. The latter has actually just released next year’s rates for car insurance and beware as they are expected to rise dramatically. In fact, we should expect a surge of 3.5% in 2024which remains close to the 4% mentioned in other estimates.

What is the reason?

For his part, the comparator Meilleurtaux mentions an increase from 3 to 5%, which is then quite consistent. Franck le Vallois, director general of the professional federation France Assureurs, explains that “changes in prices only reflect changes in claims. […]insurers, like the French, are suffering from the effects of climate change and inflation.” In addition, this increase is also due to catch-up due to mass unrest this summer.

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