The Italian Institute for Insurance Supervision (IVASS) published its survey of effective prices for compulsory motor third party liability (R.C. Auto) policies for contracts signed in November 2024. The average premium was EUR 416, unchanged from October, and up 6.6% year on year in nominal terms, or 5.3% in real terms. Across provinces, annual price changes ranged from +2.3% in Crotone to +10.5% in Rome. The premium gap between Naples and Aosta was EUR 258, up 4.2% year on year and 42.7% lower than in the same month of 2014. By merit class, the average premium rose 6.0% for first-class policyholders and 9.0% for those in worse merit classes, with further national and provincial detail made available in tables published on IVASS’s website.
Italian Institute for Insurance Supervision (IVASS) 2025-01-15
Italian Institute for Insurance Supervision reports November 2024 motor third party liability insurance premiums at EUR 416 with a 6.6% annual increase
The Italian Institute for Insurance Supervision (IVASS) released its survey on effective prices for compulsory motor third party liability policies for November 2024, showing an average premium of EUR 416, unchanged from October and up 6.6% year on year. Annual price changes varied across provinces, with Crotone at +2.3% and Rome at +10.5%. Premiums increased by 6.0% for first-class policyholders and 9.0% for those in worse merit classes.