Car insurance - price war
Price war of car insurers
Every year, particularly insurers vying for vehicle change season to win the favor of customers. With affordable premiums they want to shine at the beginning to make as much new business well. With battle cries like "we are the Aldi of the insurance industry" is offensive HUK-Coburg into the race. The Group has recently completed the alliance in the retail business of the automotive division replaced as leader. For six years, the industry's premiums have fallen by an average of 11 percent. Many vendors have the floor pulled out from under the feet, such as the Incas, which went bankrupt in the past summer.
Compared to last year prices for car insurance have risen slightly. The harsh winter of 2010 and the disproportionately high numbers of accidents were crucial for this. A general trend of premium increases in the insurance industry but distinguishes itself from no. On the contrary - high competitive pressures in the industry and the relentless struggle for market shares, the price level constantly low.
Keywords: affordable insurance, vehicle insrance, car insurers, insruance customer, insurance season