Vladimír Urbánek (Kurzy.cz)
Car insurance  |  December 05, 2012 15:35:42

Generalli PPF: The cost liability insurance in international comparison are large differences


·          Motorists in the Czech Republic pays for liability insurance of at least nearly the whole region (an average of 1,800 crowns a year for long-running drivers without accidents with the vehicle 1.2 liter)

·          Experts warn: The market is not behaving rationally, they can be vulnerable to future demands of today's corrupted

·In the Balkans, we find both the cheapest and the most expensive liability insurance

·          In large cities, the cheapest insurance in Serbia, in villages in Hungary

·          Prices for liability insurance will surely grow

·          Western European average price (converted) 6000 crowns a year but in the region of Central Europe there is no

Prague 4 December 2012 - Prices liability insurance among the countries of Central and Eastern Europe differ (converted) in thousands of crowns. In the category of cars 1.2L (50 kW) at 35 years of age of the driver, which runs for ten years without accidents, prices range from 2,000 to almost CZK 5500 CZK. At-risk drivers with short practice, or drivers who cause accidents, prices rise more than doubled. Cheapest liability insurance to good drivers in Serbia, where can i get the two thousand, and the Hungarian countryside. Dearest while in Croatia, where prices climb to nearly six thousand. Results of the latest international survey among companies of Generali PPF Holding (GPH), which took place in 9 countries of Central and Eastern Europe.While the Czech Republic has one of the lowest prices in the region. For example, in Croatia's liability insurance up to three times more expensive than the national average, Slovenes pay twice as much.

"The low price of liability insurance in the Czech Republic compared to other comparable countries is related to the current economic performance of individual countries, with the price of vehicles on the market, or the number of cars on the roads. Primarily, however, are the result of supply and demand in the market, the system of granting of discounts and bonuses and malus, both for current clients as well as for companies"Explains George Střelická, Head of Product Competence Center Generali PPF Holding. The same trend is also confirmed by a recent report of the Czech Insurers' Bureau, which says that the amount of insurance in the Czech Republic is below the long-term costs associated with the liquidation of damages from traffic accidents.

"Long-term trends in the insurance market are not from the perspective of market stability positive. The question is whether liability insurance already reached lows and the market in this segment will behave rationally. Car online insurance certainly grow, it is only a matter of how quickly. It is expected that the first to suffer the worst drivers.I expect the same trend as in Western countries, where insurance these drivers can be several times higher than average premiums, "says George Střelická. According to him, the problem of compulsory insurance is that it is the obligation of the insurance company to pay the victim compensation premiums now and in the future, for example, even within 50 years. In some countries, regulation is not sufficient, so forcing insurance companies to create sufficient reserves for these future obligations. Irrational market behavior and in these countries threatens the future demands of today's victims.

The survey also pointed to specific market situation liability insurance in different countries. For example, the list price in Hungary, although some of the highest in the region, but due to the sharp price war from previous years and a number of discounts and bonuses that have no analogues in other countries, the final price for the clients ultimately very low and there is a long-term insurance loss. In Hungary, you can get discounts of up to 3/4 price of the basic premium. The situation is similar in Poland, where 80% of people go with the maximum bonus. It can reach up to 60% of the liability insurance.


According to the latest available statistics, the European Insurance and Reinsurance Federation (CEA), the average price of compulsory insurance for European countries (both Western and Central and Eastern Europe) € 230, almost 6 thousand. CZK. Even among the countries of Western Europe are huge differences. Italy, as one of the largest markets, for example, has twice the price of liability insurance than France. Price differences across countries are set by supply insurance, which is derived from the cost of claims and they depend on the risk behavior of drivers. Therefore, for anyone who has experience of the Italian roads, it can not be surprising that this is where prices are highest. The Czech Republic is the European scale, almost at the very end, which is confirmed by current research Generali PPF Holding."The average price of 6 thousand. Czechs still safe. Overall, however, the average price of liability insurance must grow by at least 20-30% to the market and eliminate straightened his loss, "says George Střelická of Generali PPF Holding.

 

Survey results: *

 

75pt; BORDER-TOP: # 000000; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm; mso-border-alt: solid windowtext .5 pt; mso-border-left-alt: solid windowtext .5 pt; mso-border -top-alt: solid windowtext .5 pt "width = 209 nowrap>

5,600

75pt; BORDER-TOP: # 000000; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm; mso-border-alt: solid windowtext .5 pt; mso-border-left-alt: solid windowtext .5 pt; mso-border -top-alt: solid windowtext .5 pt "width = 198 nowrap>

3,475

75pt; BORDER-TOP: # 000000; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm; mso-border-alt: solid windowtext .5 pt; mso-border-left-alt: solid windowtext .5 pt; mso-border -top-alt: solid windowtext .5 pt "width = 209 nowrap>

2,925

75pt; BORDER-TOP: # 000000; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm; mso-border-alt: solid windowtext .5 pt; mso-border-left-alt: solid windowtext .5 pt; mso-border -top-alt: solid windowtext .5 pt "width = 209 nowrap>

2,175

75pt; BORDER-TOP: # 000000; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm; mso-border-alt: solid windowtext .5 pt; mso-border-left-alt: solid windowtext .5 pt; mso-border -top-alt: solid windowtext .5 pt "width = 198 nowrap>

1,175

75pt; BORDER-TOP: # 000000; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm; mso-border-alt: solid windowtext .5 pt; mso-border-left-alt: solid windowtext .5 pt; mso-border -top-alt: solid windowtext .5 pt "width = 209 nowrap>

1,790

5pt; mso-border-left-alt: solid windowtext .5 pt; mso-border-top-alt: solid windowtext .5 pt "width = 198 nowrap>

1,790

 

The driver 35 years
1.2L, 50 kW
Capital

The driver 35 years
1.2L, 50 kW
Village, town

Croatia

3,175

Slovenia

3,475

Romania

3,250

3,075

Poland

1,850

Bulgaria

2,450

2,350

Slovakia

1,900

Hungary

1,925

CR

1,813

1,680

Serbia

 

* Prices are for clarity in CZK. Prices include normal commercial discounts and bonus for 10 years of accident-free driving.

Generali PPF Holding BV operates in 14 countries in Central and Eastern Europe. Through its subsidiaries, Generali PPF Holding manages assets of nearly € 15 billion and serves more than 13 million clients throughout the region. Generali PPF Holding is registered in the Netherlands and its main branch is based in Prague, Czech Republic. Generali PPF Holding BVis a joint venture of Assicurazioni Generali (51%) and PPF Group (49%).

Více zpráv k tématu PPF

Was this article: 10 | 8 | 6 | 4 | 2 | 0


Last news from the section Car insurance:

29.07.2017  Autonehoda nebo porucha. Máte sjednané asistenční služby? Volkswagen Financial Services (Volkswagen Financial Services)
15.06.2017  Za škodu způsobenou autem bez povinného ručení zaplatí viník max. 300 tisíc Ekonomický deník (Ekonomický deník)
06.06.2017  Vyplatí se střídat pojišťovny? Inzerce (Inzerce)


Generalli PPF: V cenách povinného ručení v mezinárodní srovnání jsou velké rozdíly

Diskuze a názory

Na dané téma nejsou žádné názory.


Zobrazit sloupec 
Moner | ISIN database | Weather forecast
Česká verze
Kurzy.cz - Akcie cz, kurzy měn, forex, zlato.
Favorite: Prague Stock Exchange Czech crown Czech economy Commodities Gold Trademarks Prague Weather

Copyright © 2000 - 2018

Kurzy.cz, spol. s r.o., AliaWeb, spol. s r.o.,

ISSN 1801-8688