Car collisions happen more often than you 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 Insurance (@ClAssurance) July 6, 2022
The same thing every year. Over the years, everything has been increasing. Of course, the price of fuel, as well as spare parts, maintenance, as well as customs and insurance. Only in 2022, it really increased by 3%. And, unfortunately, it shouldn’t be better. Indeed, it will cost even more in 2023, when inflation has risen significantly since the start of last year. And this, of course, will affect the budget of motorists. Because, like the price of fees, the price of insurance is also revised upward according to the economic situation in the country.
Using an insurance comparator will help you find a contract that suits your needs. What guarantees can be expected from insurance? https://t.co/cfCFVyKYIg
— AutoPlus (@AutoPlusMag) July 1, 2022
Moderate increase
However, growth may not be as catastrophic as we might expect. Indeed, this is what a study conducted by Assurland, the results of which are quite encouraging for us motorists. Really, insurance comparator predicts some but relatively modest growth in premiums over the next year. Indeed, it will only be on the order of 2.5% to 3%. A figure that, of course, remains high, but below inflation, which is 6.2% for the year and which should not fall below 5% in 2023. So this is very relative good news.
Price increase
It limited increase so it may seem a little surprising since last year the prices of parts increased by 10% and for repairs by 3.5%. In addition, weather-related losses were also significant during the past year. But because the competition is so fierce, insurance companies are forced to lower their rates to attract customers. This explains this relatively reasonable increase, which will thus benefit motorists in 2023.
According to a recent study, more than one in three French people are willing to cheat on their insurance to reduce costs or get better coverage. https://t.co/YYoEEOGuyx
— AutoPlus (@AutoPlusMag) June 30, 2022
Source: Auto Plus
Robert is an experienced journalist who has been covering the automobile industry for over a decade. He has a deep understanding of the latest technologies and trends in the industry and is known for his thorough and in-depth reporting.