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Caution on Italian roads PDF Print E-mail
Jul 01, 2014 at 07:01 PM
ImageIn 2013 3.5 million vehicles, or 8 percent of the total on Italian roads, did not have insurance coverage according to a report published by the Italian association of insurance companies (ANIA) on Tuesday.
This compared to 3.1 million uninsured vehicles in 2012, the report said.
There were considerable differences according to geographical area, with southern Italy showing the highest percentage of uninsured vehicles (13%) followed by the centre (8.1%) and the north (5.3%).
Southern Italy also held the record for the number of potentially fraudulent accident claims, at around 25%, ANIA said.
The premium for third-party insurance cost an average of 410 euros in March 2014, down 6.3% over the same month in 2013, according to the report. The average cost of car insurance has dropped by 10% over the last two years, ANIA added.
Consumer association Codacons slammed the figures, saying if third-party rates had dropped "Italian motorists hadn't noticed".
Insurance premiums in Italy continue to cost twice as much as those in other European countries, the association. (ANSA)
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