The whole truth about car insurance prices: not good news for everyone
Every citizen who appears owner of a means of transport, be it a car, moped, van or any other, is obliged to take out and pay annually for civil liability insurance, known as Auto TPL. This must be valid at any time of the year and must be signed even if the vehicle remains stationary in the garage or is unused.
Everything can then be added to this insurance, which is compulsory for everyone a series of additional protections such as that relating to damage from atmospheric events such as hail, theft and fire or that for glass, therefore for damage or breakage of the windscreen or windows.
In recent months, car insurance has increased enormously in price but especially in this last period costs are starting to drop. After the boom of 2022, caused above all by inflation, according to the monitoring done by the Institute for Insurance Supervision everything is partially returning to normal. This, however, may not concern everyone: here’s the detail.
Car Insurance, the truth about prices
According to the monitoring done by Ivass, in May 2024 the costs of motor liability insurance recorded a decreasing trend: the average price, in fact, was 400 euros. Compared to the pre-pandemic period, therefore to 2019, the value has therefore returned to normal and according to the president of Ivass, Luigi Federico Signorini, the trend towards decreasing costs is expected to continue in the coming months.
On the cost of car insurance, however, It’s not just the markets and inflation that have an impact but also the age of the vehicle, the accident rate of the area in which the owner lives, the class of merit of the motorist, his age and also his insurance history. A city, then, may have higher car insurance costs than those in other areas due to the number of successful or attempted scams against insurance companies. The more scams there are, the more car insurance costs: in Italy the cities where this insurance costs the most are Naples, Palermo and Bari. In the latter, the RC Auto has an average cost of 671.41 euros.
Which cities are the cheapest?
Just as there are the most expensive cities, there are also those that stand out for particularly cheap and convenient car insurance prices. In first place in this merit ranking is Aosta, where the average price is 466.39 eurosfollowed by Potenza and Trieste.
Good prices, however, also in Ancona, Bologna, Venice, Campobasso, Milan and L’Aquila, while the first city in the ranking to fall below 500 euros is Trento, with an average of 481.06 euros.
