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Starting next year, the price of vehicle insurance will change.
The Financial Supervision Authority has approved the new regulation for calculating the insurance premium, where this time there will not be a standard price for almost everyone.
According to the regulation that comes into force from January 1, 2025, in the calculation of the insurance premium, in addition to the history of accidents, the motor power, the age of the driver, his experience in driving the car, the use of the vehicle, the region of registration of the vehicle will be taken into consideration. vehicle as well as the age of the car.
The assessment of these risks also seals the new insurance that drivers will pay next year. Young age, low experience or old car are all considered risks that make insurance more expensive.
The regulation also states that the insurance company itself can apply other risk factors, in addition to those provided.
The formula for calculating the insurance premium taking into consideration the above-mentioned risks was made by the AMF, and based on this formula the insurance companies will set the insurance premium rates themselves, and it is available to the AMF 30 days before to apply them.
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