Motor insurance density decreased steadily in Italy since 2004, mainly due to a decrease in the average price for this type of insurance. As data show, motor insurance density in Italy went from 369 euros in 2004 to 290 euros in 2020.
Insurance density is used as an indicator to evaluate the development of the insurance market within a country and is calculated as the ratio of total premiums to whole population of a given country.
Value of total motor insurance premiums per inhabitant (insurance density) in Italy from 2004 to 2020
(in euros)
Characteristic
Motor insurance premiums per inhabitant in euros
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Insurance Europe. (August 5, 2022). Value of total motor insurance premiums per inhabitant (insurance density) in Italy from 2004 to 2020 (in euros) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1105151/motor-insurance-density-italy/
Insurance Europe. "Value of total motor insurance premiums per inhabitant (insurance density) in Italy from 2004 to 2020 (in euros)." Chart. August 5, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1105151/motor-insurance-density-italy/
Insurance Europe. (2022). Value of total motor insurance premiums per inhabitant (insurance density) in Italy from 2004 to 2020 (in euros). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1105151/motor-insurance-density-italy/
Insurance Europe. "Value of Total Motor Insurance Premiums per Inhabitant (Insurance Density) in Italy from 2004 to 2020 (in Euros)." Statista, Statista Inc., 5 Aug 2022, https://www.statista.com/statistics/1105151/motor-insurance-density-italy/
Insurance Europe, Value of total motor insurance premiums per inhabitant (insurance density) in Italy from 2004 to 2020 (in euros) Statista, https://www.statista.com/statistics/1105151/motor-insurance-density-italy/ (last visited August 25, 2024)
Value of total motor insurance premiums per inhabitant (insurance density) in Italy from 2004 to 2020 (in euros) [Graph], Insurance Europe, August 5, 2022. [Online]. Available: https://www.statista.com/statistics/1105151/motor-insurance-density-italy/