Inflation: FMA Warns About Underinsurance | Safe | 11/18/2022

In view of high inflation, insurance contracts should be reviewed to avoid underinsurance, advises the FMA. Therefore, it is advisable to assess whether there is sufficient damage coverage, especially in the case of long-term contracts. The authority announced this in a press release on the occasion of its annual report on the situation in the … Read more

Why car insurance will soon be more expensive

20 October 2022 at 10:00 Higher premiums for motorists : Why car insurance will soon be more expensive Auto insurers will soon raise premiums significantly. Photo: dpa-tmn/Benjamin Nolte Munich Drivers can change their car insurance again on November 30. The new policy is unlikely to be cheaper than the old one. For insurers, an increase … Read more

Almost 10 times higher premiums for a young driver with a foreign license…

Every year, the online comparison portal bonus.ch conducts its annual survey of car insurance premiums in Switzerland. To compare rates, a survey was conducted for three different age profiles (18/30/70 years old) among all major insurers in early August 2022. The result: Certain characteristics such as age and nationality continue to have an extremely strong … Read more

Policyholders are threatened with higher prices for home and auto policies

storm damage Losses from natural disasters are expected to be above average again this year. (Photo: dpa) frankfurt German property and casualty insurers are again burdened by the high costs of damage caused by natural catastrophes this year. “From an earnings perspective, 2022 is likely to be another tough year for the industry,” said Dennis … Read more

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