Insurance, Rc car remains among the highest in Europe (and there is a reason) – Intelligonews

Insurance, Rc car remains among the highest in Europe (and there is a reason)

Despite the increased supervision, new technologies, the millions of cameras spread throughout the country, any other business, the insurance companies have continued to ask forgiveness for the high rates, the highest in Europe because of the scams perpetrated insurance by motorists villains.

the fact remains: RC Car 2015 is the least expensive in recent years in Italy, yet it remains among the most expensive in Europe. This is the picture that Ivass, the Institute of Insurance Supervision of draws in its last report just published. According to reports from the Ivass, in 2015 the Italian RC Auto average decreased by 7.5% over the previous year, and following further decreases in other years, but still remains among the most expensive in Europe.

Indeed the lowest rates are those practiced by insurance companies which are not established in Italy, and then one of the two, if the English insurance ensure the Italian vehicles at significantly lower costs, perhaps the problem are the home insurers our own.

fraud should be falling, to force! They can not (thankfully) do a robbery or a theft without a camera films the event, only the insurance can not access to the images captured by the cameras scattered throughout the territory?

The frauds are falling, but the case remains unsolved have been introduced the black boxes, the new method, compared to a discount of 10% on RC Cars, allows associations to install gps are required into whether the incident happened for real or if a request for reimbursement from the insurance is the result of a scam. Thanks to this system, prices fell to a paltry percentage, 1.5%, though this is not a sign of unwillingness to adjust the prices!

But there are probably other reasons for which the RC car in Italy does not go as it should. There is for example an integrated archive fraud; also shortly you will have the results of the new tool in the field by the European Union called Solvency II, which should meet the companies.

What is Solvency II? is a financial instrument that has the intention to extend the risks of Pillar I of Basel II (credit risk, market risk and operational risk) to all those typical of the insurance industry and to harmonize the capital requirements for their coverage. Most likely the insurance companies are adapting to the assets of the insured expenses? ‘A populist joke, but think the worst …

The turnover of insurance in general is enormous: 150 billion euro in 2016, as many as 9 points of GDP, up 2.5% compared to ‘previous year, mainly due to the increase in life insurance. As for the only car insurance, the collection has instead fallen by 6.5%.

Despite the decline, as mentioned at the beginning, the Italian RC Cars remain among the highest in Europe . The comparison is merciless: on average, a motorist French, German or Spanish pay 150 euro less than an Italian. The only good news is that, thanks to falling prices, this difference is narrowing: just four years ago was 234 euro.

But the fact remains that if a globalization positive thing there is, is to contact the insurance companies less voracious to pay less, so those at home do not yield a meter of their power!