AUTO INSURANCES HOLD BACK THE MARKET
As in the previous years, in 2008 the damage costs have increased faster than earnings for the insurance companies. Thus, if subscribed gross premiums rose by 11%, the damage rate of growth almost doubled, up to 21%. In this context, there are voices that claim that the insurance companies need...
CASCO INSURANCES, RATED SECOND AMONGST ROMANIAN’S OPTIONS
CASCO policy, rated second amongst Romanians’ options, was contracted at their own initiative by almost three quarters of the drivers, while more than a quarter of the CASCO policy holders have contracted it following to a leasing contract or to a car credit. ”60.6% of those interviewed own a car,...