Minden Real Estate

Business Updates for the Real Estate Industry

Car Insurance

The forecast of the car insurance remains unchanged the car insurance industry faces the new year without excessive changes, following the trend in 2010. However, we must emphasize that in auto premiums continue to fall. Anyway, in the financial year 2010 has become the trend of gradual improvement with a 1% decrease in the volume of premiums compared to the fall of 5.4% from last year. Thus, Jose M Dot, President of Grupo Liberty, believed that auto insurance will have this year an evolution similar to the 2010, due primarily to the stagnation of the average premium. In terms of results, he warned of the consequences of the progressive ageing of the fleet, which can lead to a clear increase in claim frequency, which are already noticing the companies in attendance.

Also warned the sector on the impact on costs of the increase in VAT and the oxidation process that produces not finish out of the crisis, which will result in more claims, due to that increasingly We have more policies that allow you to claim for more concepts. Dot also believes that bouquet should pay attention to changes in the consumer mindset, more concerned about price and more informed about your fees thanks to Internet options, not allowing upload the average premium. With regard to distribution, it considers that mediators must find their placement in a market where stronger competitors will appear and the comparators of insurance, such as Seguros.es, will increasingly shape purchase. And it is that they are key tools so that the user can save time and money when hiring your policy. Source. Drafting Seguros.es source: Press release sent by anamuruais.