Posts Tagged ‘insurance’
Of all the news that has come out lately, we can say that the most important might be that of the falling price of car insurance. Since during the month of June has seen a 5% drop in the price of auto insurance.
According to the Security Price Index Direct Insurance which developed in collaboration with consulting Cronos, the price of car insurance down 5% in June from the previous month. And although it was not the only category of insurance in which prices have fallen, if you can say it was the largest drop.
According to the study, the average price in the category of third grade is down 1% from an average price of 402 euros in May to 397 in June, although the annual rate up to 3%.
Another case is the most peculiar without excess, in which there has been a monthly decline of 2%, with an average price of 1095 euros in June and variations of up to 4% price increase or a 6 % downhill, according to insurers.
As an important note should say that the study has analyzed the evolution of prices in the eleven insurers referenced in Spain within the four types of insurance: Third Grade, Third Expanded with excess and without excess.
According to a study published by the insurance company Direct Line; there has been an increase of 30% of fraud or crime of defrauding insurance companies. This is now assuming a loss of 780 million euros.
It seems that young people under 26 years are the most deceiving insurance companies. According to these surveys, it is assumed that it is the sector most affected by this crisis. The unemployment rate so high in this age requires a small sector, it is not good to generalize to seek an alternative to often over the scam.
As I said before, the study said that fraud in the auto insurance have grown by 30% in Spain in the last year. As the director of corporate governance has admitted Hotline:
“Each insured pays annually more than 10% on their insurance because of the fraud”
It also ensures that not all the fault of the young, as the brunt of this increase in the percentage of fraud lies in the organized gangs involved in the scam in a professional manner.
Of all the statistics that summarizes the report highlights a higher rate of automobile fraud, reaching 75% of the total.
The company also has focused on the provinces where this practice is more common Granada (3.1% of claims reported are scam), Ciudad Real (2.9%) and Malaga (2.8%). The provinces most honest, the study said, are Ávila (0.2% of claims reported are scam), La Rioja (1.5%) and Albacete (1.5%).