TNBiz (TNBiz)
Car insurance  |  October 02, 2012 15:05:11

Insurance paid last year for compulsory insurance more than they chose for him

PRAGUE (MEDIAFAX) - The cost of accident compensation insurance vehicle liability incurred in 2011 exceeded the selected insurance of one percent. In the near future we can therefore expect more expensive liability insurance, on Tuesday informed the Czech Insurers' Bureau (CIB).

The current situation is untenable because according to the CIB. While the amounts paid by the compulsory insurance is increasing, the average price premium so far because of competition among insurers declined. For example, whereas in 2006 came the mandatory insurance average car for 3,891 crowns a year, this year is 2950 crowns.

According to the Czech Insurance Association since 2000 significantly increased the overall share of the sums paid for injury from 20 percent up on last year's 40 percent. Average commitment of one injury for 2011 is more than 450 thousand.According to statistics, at the same time increasing the cost of disposal of property damage. The average value of the damage is 31 thousand.

A spokesman for Czech Tomas insurance Zavoral stated that the motor insurance in recent years, there is regular price war and therefore liability insurance gets to the very threshold of economic viability.

"At the beginning of last year, prices fell to a new trade annually by as much as 20 percent. It has on the economy of this product, of course, a very negative impact," he concluded Zavoral.

Jan Soukup,

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