The value of gross written premiums on the Italian motor insurance market increased considerably between 2020 and 2021. Motor insurance can be divided into two categories: motor and marine liability, and land vehicle. In 2021, the value of premiums in the first category increased by 17.6 percent compared to 2020, while the value of land vehicle insurance premiums increased by 22.5 percent between 2020 and 2021.
The motor insurance segment in Italy is divided into two categories: motor liability (in Italian Responsabilita' Civile Auto), and land vehicle (in Italian Corpi Veicoli Terrestri). Motor liability insurance provides protection for damages caused while driving in case of accidents and covers injuries or damages to third parties and their property. On the other hand, land vehicle insurance is not mandatory and provides a coverage in case of theft, fire, and damage to own vehicle.
Percentage change in motor insurance gross written premiums in Italy from 2013 to 2021, by category
Characteristic
Motor liability
Motor hull
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Istituto per la vigilanza sulle assicurazioni - IVASS. (May 17, 2022). Percentage change in motor insurance gross written premiums in Italy from 2013 to 2021, by category [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1105460/change-in-motor-insurance-premiums-in-italy-by-type/
Istituto per la vigilanza sulle assicurazioni - IVASS. "Percentage change in motor insurance gross written premiums in Italy from 2013 to 2021, by category." Chart. May 17, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1105460/change-in-motor-insurance-premiums-in-italy-by-type/
Istituto per la vigilanza sulle assicurazioni - IVASS. (2022). Percentage change in motor insurance gross written premiums in Italy from 2013 to 2021, by category. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1105460/change-in-motor-insurance-premiums-in-italy-by-type/
Istituto per la vigilanza sulle assicurazioni - IVASS. "Percentage Change in Motor Insurance Gross Written Premiums in Italy from 2013 to 2021, by Category." Statista, Statista Inc., 17 May 2022, https://www.statista.com/statistics/1105460/change-in-motor-insurance-premiums-in-italy-by-type/
Istituto per la vigilanza sulle assicurazioni - IVASS, Percentage change in motor insurance gross written premiums in Italy from 2013 to 2021, by category Statista, https://www.statista.com/statistics/1105460/change-in-motor-insurance-premiums-in-italy-by-type/ (last visited August 25, 2024)
Percentage change in motor insurance gross written premiums in Italy from 2013 to 2021, by category [Graph], Istituto per la vigilanza sulle assicurazioni - IVASS, May 17, 2022. [Online]. Available: https://www.statista.com/statistics/1105460/change-in-motor-insurance-premiums-in-italy-by-type/