Car insurance: 3 million vehicles are on the road without RCA

Almost 3 million vehicles circulate without RC cars, according to ANIA. During the last annual meeting, the association shared interesting numbers on the world of car insurance.

Almost 3 million vehicles circulate without RC cars, according to ANIA. During the last annual meeting, the association shared interesting numbers on the world of car SunCoast insurance.

The numbers of those who drive without car insurance are always high: according to the ANIA annual report in 2016, the number of vehicles without RCA was almost three million.

In 2016, uninsured vehicles in circulation on roads were 2.9 million, 6.7% of the total. To say it is ANIA that presented the data during the usual annual meeting.

The numbers of uninsured cars are still very high, but down from previous years. Between 2015 and 2016 the number of vehicles without RCA decreased by half a million units. Since 2014, the decrease has reached one million.

Europe remains in first place in Europe for the number of cars without insurance. According to ANIA, the greatest concentration on vehicles without car insurance is in the regions of southern Europe. Here at least 10% of cars in 2016 did not have insurance (in 2015 the percentage was 11.1% and in 2014 13.5%).

Car insurance: premiums decrease, accidents increase

The reduction in the number of uninsured cars may be partly because insurance premiums continue to decline. Compared to five years ago, the cost of auto RC has dropped by more than 25%.

The average cost of car insurance in March 2012 was 567 euros, while in March 2017 it was 412 euros. In 2017, the downward trend in prices was confirmed. In 2016 the average premium was 420 euros, while in 2015 it was 439 euros.

Premiums are decreasing, but accidents are increasing: in 2016, the claims reported and for which compensation was awarded by the insurance companies were 2.2 million, almost 3% more than the previous year.

In Europe, people spend less and less on car insurance, but prices remain higher than the European average. The difference between the Europen premium and the one in force in France, Spain, Germany, and the United Kingdom is around 100 euros per year.

The higher costs for European policyholders are also due to the high number of frauds.