This graph illustrates the Consumer Price Index (CPI) of automobile insurance in France from January 2020 to February 2024. In February 2024, the CPI reached 121.08.

In December 2024, the consumer price index (CPI) for motor vehicle insurance in Israel reached 127.7 points relative to 2022 prices. The CPI recorded for this insurance, product rose significantly in the period under review, peaking in November 2024 at 128.4 points.

Mexico Consumer Price Index (CPI): Weights: Vehicle Use: Car Insurance data was reported at 0.444 % in 2010. This stayed constant from the previous number of 0.444 % for 2009. Mexico Consumer Price Index (CPI): Weights: Vehicle Use: Car Insurance data is updated yearly, averaging 0.444 % from Dec 2002 (Median) to 2010, with 9 observations. The data reached an all-time high of 0.444 % in 2010 and a record low of 0.444 % in 2010. Mexico Consumer Price Index (CPI): Weights: Vehicle Use: Car Insurance data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.I009: Consumer Price Index: Weights: 2002=100.

This statistic shows the Consumer Price Index (CPI) of insurance in the United Kingdom (UK) as an annual average from 2008 to 2024, where the year 2015 equals 100. In 2024, the annual average price index value of insurance was measured at 177.3. This figure takes into consideration the price of house contents insurance, health insurance and transport (vehicle) insurance.

Spain Consumer Price Index (CPI): OG: Insurance: Transport: Motor Vehicle data was reported at 118.447 2021=100 in Jan 2025. This stayed constant from the previous number of 118.447 2021=100 for Dec 2024. Spain Consumer Price Index (CPI): OG: Insurance: Transport: Motor Vehicle data is updated monthly, averaging 88.909 2021=100 from Jan 2002 (Median) to Jan 2025, with 277 observations. The data reached an all-time high of 118.447 2021=100 in Jan 2025 and a record low of 72.678 2021=100 in Jan 2002. Spain Consumer Price Index (CPI): OG: Insurance: Transport: Motor Vehicle data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.I004: Consumer Price Index: 2021=100.

Cyprus - Harmonised index of consumer prices (HICP): Motor vehicle insurance was 112.62 points in January of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Cyprus - Harmonised index of consumer prices (HICP): Motor vehicle insurance - last updated from the EUROSTAT on March of 2025. Historically, Cyprus - Harmonised index of consumer prices (HICP): Motor vehicle insurance reached a record high of 112.62 points in January of 2025 and a record low of 95.49 points in December of 2017.

Switzerland Consumer Price Index (CPI): OG: Insurance: Vehicle data was reported at 88.841 Dec2005=100 in Dec 2010. This stayed constant from the previous number of 88.841 Dec2005=100 for Nov 2010. Switzerland Consumer Price Index (CPI): OG: Insurance: Vehicle data is updated monthly, averaging 91.458 Dec2005=100 from May 2000 (Median) to Dec 2010, with 128 observations. The data reached an all-time high of 100.459 Dec2005=100 in Dec 2006 and a record low of 85.383 Dec2005=100 in Dec 2001. Switzerland Consumer Price Index (CPI): OG: Insurance: Vehicle data remains active status in CEIC and is reported by Swiss Federal Statistical Office. The data is categorized under Global Database’s Switzerland – Table CH.I006: Consumer Price Index: December 2005=100.

Household spending on motor insurance in the United Kingdom reached its peak in 2020 and has since fallen year-on-year. In 2023, the total household expenditure on insurance related to transport amounted to roughly 2.9 billion British pounds, down from four billion British pounds four years earlier. The United Kingdom is the second-largest motor insurance market in Europe, after Germany. Who leads the UK motor insurance industry? In 2024, Admiral Group was the leading motor insurance company in the United Kingdom, holding approximately 13 percent of the market share. Other major insurers, including Aviva, Direct Line Group, and Hastings, also played a significant role in the industry. These companies have maintained their strong market positions through robust brand portfolios, competitive pricing strategies, and a focus on digital innovation. How have motor insurance prices evolved in the UK? In recent years, the consumer price index for the transport insurance industry in the United Kingdom has seen a significant increase, reflecting the growing financial strain on consumers and the rising cost of motor insurance. Rising claims costs, regulatory changes, and inflation have contributed to this upward trend. While there have been some fluctuations, the overall pattern has shown consistent growth.

FIPE: Consumer Price Index (CPI): MoM: Transportation: Other Transport Expenses: Vehicle Insurance data was reported at 0.018 % in Feb 2025. This records an increase from the previous number of -3.025 % for Jan 2025. FIPE: Consumer Price Index (CPI): MoM: Transportation: Other Transport Expenses: Vehicle Insurance data is updated monthly, averaging 0.693 % from Jan 2000 (Median) to Feb 2025, with 302 observations. The data reached an all-time high of 5.084 % in May 2012 and a record low of -3.682 % in May 2021. FIPE: Consumer Price Index (CPI): MoM: Transportation: Other Transport Expenses: Vehicle Insurance data remains active status in CEIC and is reported by Institute of Economic Research Foundation. The data is categorized under Brazil Premium Database’s Inflation – Table BR.IB006: Consumer Price Index: June1994=100: São Paulo: São Paulo: Month-on-Month: FIPE.

Young men face significantly higher automotive insurance costs in the United States than young women, with the average monthly premium for a 20-year old man being 142 U.S. dollars, compared to 126 U.S. dollars for a woman of the same age.

What factors into the cost of motor insurance? Requirements regarding auto insurance in the U.S. differ from state to state, but in most states some form of minimum insurance coverage is compulsory. The cost of insurance is determined by a variety of factors, including location, gender, age, type of vehicle, and personal factors such as how many accidents the driver has had and their credit score. These factors can create major price differences, with average insurance costs of the most expensive state (Michigan) being over ten times higher than the cheapest state (Iowa).

Why is there such a large motor insurance market in the U.S.? There hundreds of millions of motor vehicles registered in the United States, creating an enormous market for auto insurance. However, there is a reason that most states require a minimum level of insurance – each year millions of vehicle crashes occur, which lead to incurred losses for auto insurers.

Sweden Consumer Price Index (CPI): Weights: RB: TC: Operating for Vehicles: Inspection, Driver Education, Car Insurance data was reported at 15.250 Per 1000 in 2018. This records an increase from the previous number of 14.950 Per 1000 for 2017. Sweden Consumer Price Index (CPI): Weights: RB: TC: Operating for Vehicles: Inspection, Driver Education, Car Insurance data is updated yearly, averaging 11.700 Per 1000 from Jan 1980 (Median) to 2018, with 39 observations. The data reached an all-time high of 16.260 Per 1000 in 2010 and a record low of 2.000 Per 1000 in 1988. Sweden Consumer Price Index (CPI): Weights: RB: TC: Operating for Vehicles: Inspection, Driver Education, Car Insurance data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.I014: Consumer Price Index: Weights: by Riksbank Grouping.

Brazil IPCA: Weights: Sao Luis: Transport: Transport: Own Vehicle: Voluntary Car Insurance data was reported at 0.063 % in Jun 2018. This records a decrease from the previous number of 0.064 % for May 2018. Brazil IPCA: Weights: Sao Luis: Transport: Transport: Own Vehicle: Voluntary Car Insurance data is updated monthly, averaging 0.063 % from May 2018 (Median) to Jun 2018, with 2 observations. The data reached an all-time high of 0.064 % in May 2018 and a record low of 0.063 % in Jun 2018. Brazil IPCA: Weights: Sao Luis: Transport: Transport: Own Vehicle: Voluntary Car Insurance data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Inflation – Table BR.IC067: Consumer Price Index: POF 2008-2009: Broad Category (IPCA): Dec1993=100: Weights: By Municipality: Sao Luis.

Thailand Consumer Price Index (CPI): SO: TC: Registration Fees and Auto Insurance data was reported at 100.000 2015=100 in Jul 2018. This stayed constant from the previous number of 100.000 2015=100 for Jun 2018. Thailand Consumer Price Index (CPI): SO: TC: Registration Fees and Auto Insurance data is updated monthly, averaging 100.000 2015=100 from Dec 2001 (Median) to Jul 2018, with 200 observations. The data reached an all-time high of 110.300 2015=100 in Apr 2002 and a record low of 100.000 2015=100 in Jul 2018. Thailand Consumer Price Index (CPI): SO: TC: Registration Fees and Auto Insurance data remains active status in CEIC and is reported by Bureau of Trade and Economic Indices. The data is categorized under Global Database’s Thailand – Table TH.I006: Consumer Price Index: 2015=100: By Region.

Thailand Consumer Price Index (CPI): LI: TC: Registration Fees and Auto Insurance: Others data was reported at 99.560 2011=100 in Dec 2016. This stayed constant from the previous number of 99.560 2011=100 for Nov 2016. Thailand Consumer Price Index (CPI): LI: TC: Registration Fees and Auto Insurance: Others data is updated monthly, averaging 99.560 2011=100 from Dec 2008 (Median) to Dec 2016, with 97 observations. The data reached an all-time high of 100.270 2011=100 in Oct 2010 and a record low of 99.560 2011=100 in Dec 2016. Thailand Consumer Price Index (CPI): LI: TC: Registration Fees and Auto Insurance: Others data remains active status in CEIC and is reported by Bureau of Trade and Economic Indices. The data is categorized under Global Database’s Thailand – Table TH.I013: Consumer Price Index: 2011=100: Low Income.

IPCA: Year to Date: Aracaju: Transport: Transport: Own Vehicle: Voluntary Car Insurance data was reported at 6.030 % in Feb 2025. This records an increase from the previous number of 3.190 % for Jan 2025. IPCA: Year to Date: Aracaju: Transport: Transport: Own Vehicle: Voluntary Car Insurance data is updated monthly, averaging 4.830 % from Jan 2020 (Median) to Feb 2025, with 62 observations. The data reached an all-time high of 25.860 % in Nov 2021 and a record low of -19.180 % in Nov 2023. IPCA: Year to Date: Aracaju: Transport: Transport: Own Vehicle: Voluntary Car Insurance data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Inflation – Table BR.ID054: Consumer Price Index: Broad Category - IPCA: POF 2017-2018: Dec1993=100: Year to Date: by Municipality: Sergipe: Aracajú.

Brazil IPCA: Weights: Recife: Transport: Transport: Own Vehicle: Voluntary Car Insurance data was reported at 0.219 % in Jun 2019. This records a decrease from the previous number of 0.224 % for May 2019. Brazil IPCA: Weights: Recife: Transport: Transport: Own Vehicle: Voluntary Car Insurance data is updated monthly, averaging 0.261 % from Jan 2012 (Median) to Jun 2019, with 90 observations. The data reached an all-time high of 0.311 % in Dec 2017 and a record low of 0.194 % in Jul 2016. Brazil IPCA: Weights: Recife: Transport: Transport: Own Vehicle: Voluntary Car Insurance data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Inflation – Table BR.IC063: Consumer Price Index: Broad Category (IPCA): POF 2008-2009: Dec1993=100: Weights: by Municipality: Recife.

In 2023, Türkiye Sigorta AS was the leading insurance company operating in Turkey, recording 59.5 billion Turkish lira in gross written premiums. Germany-based Allianz Sigorta AS ranked second on the list, with gross written premiums amounting to over 46.6 billion Turkish lira. Furthermore, Anadolu Anonim Türk Sigorta Şirketi registered more than 44 billion Turkish lira in gross written premiums, making them the third-largest insurance group in the country. Insurance ownership among Turkish people Even though the insurance market demonstrated promising growth in the past couple of years, the insurance density in Turkey followed a fluctuating trend. In 2022, insurance density in the country amounted to 157 U.S. dollars per capita, an increase of 23 U.S. dollars over the previous year. As the Consumer Price Index (CPI) for insurance has been skyrocketing lately, many Turks may not be able to afford it as much as they used to. This is also supported by the results of a survey conducted in 2021, where almost half of the respondents stated that they would not be able to afford to take out any insurance in the future. As for the most popular types of insurance among Turks, the vast majority owned health insurance, followed by car insurance. On the other hand, some types of insurance are compulsory in Turkey, such as earthquake insurance, which has been required for residential buildings in urban areas since 2001. The policies cover the material losses which are directly caused by an earthquake and any fire, explosion, tsunami, or landslide that might occur as a consequence of an earthquake. By the end of 2023, the number of earthquake insurance policies in the country reached nearly 11.7 million.

Brazil IPCA: YoY: Belo Horizonte: Transport: Transport: Own Vehicle: Voluntary Car Insurance data was reported at -7.280 % in Jun 2019. This records a decrease from the previous number of -2.920 % for May 2019. Brazil IPCA: YoY: Belo Horizonte: Transport: Transport: Own Vehicle: Voluntary Car Insurance data is updated monthly, averaging 1.340 % from Jan 2012 (Median) to Jun 2019, with 90 observations. The data reached an all-time high of 17.320 % in Mar 2015 and a record low of -17.970 % in Aug 2018. Brazil IPCA: YoY: Belo Horizonte: Transport: Transport: Own Vehicle: Voluntary Car Insurance data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Inflation – Table BR.IC039: Consumer Price Index: Broad Category (IPCA): POF 2008-2009: Dec1993=100: YoY: by Municipality: Belo Horizonte.

Brazil IPCA: MoM: Fortaleza: Transport: Transport: Own Vehicle: Voluntary Car Insurance data was reported at -0.130 % in Jun 2019. This records a decrease from the previous number of 0.620 % for May 2019. Brazil IPCA: MoM: Fortaleza: Transport: Transport: Own Vehicle: Voluntary Car Insurance data is updated monthly, averaging 0.095 % from Jan 2012 (Median) to Jun 2019, with 90 observations. The data reached an all-time high of 16.540 % in Mar 2015 and a record low of -14.030 % in Apr 2015. Brazil IPCA: MoM: Fortaleza: Transport: Transport: Own Vehicle: Voluntary Car Insurance data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Inflation – Table BR.IC009: Consumer Price Index: Broad Category (IPCA): POF 2008-2009: Dec1993=100: MoM: by Municipality: Fortaleza.

IPCA: YoY: Curitiba: Transport: Transport: Own Vehicle: Voluntary Car Insurance data was reported at 1.610 % in Feb 2025. This records an increase from the previous number of -1.330 % for Jan 2025. IPCA: YoY: Curitiba: Transport: Transport: Own Vehicle: Voluntary Car Insurance data is updated monthly, averaging 10.300 % from Dec 2020 (Median) to Feb 2025, with 51 observations. The data reached an all-time high of 72.950 % in Nov 2022 and a record low of -9.920 % in Mar 2024. IPCA: YoY: Curitiba: Transport: Transport: Own Vehicle: Voluntary Car Insurance data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Inflation – Table BR.ID042: Consumer Price Index: Broad Category - IPCA: POF 2017-2018: Dec1993=100: Year-on-Year: by Municipality: Paraná: Curitiba.