Average loss insurance premiums will increase by 14.2% next year

The premium for indemnity insurance will increase by an average of 14.2% next year.

First of all, the premiums of the 27 million people who subscribed to the old indemnity insurance before 2017 are expected to increase by an average of 16% next year.

From then on to the first half of this year, the premiums of 8 million so-called third-generation subscribers also rose by an average of 8.9%.

Since most insurance premiums are renewed every 3-5 years, it is expected that insurance premiums will rise by more than 50% if several years' worth of increases are applied at once.