Motor insurance premiums in Italy 2013-2022, by type
The value of motor insurance premiums written in Italy are falling overall, though land vehicle premiums reached a 10-year-high in 2022. In that year, motor and marine liability insurance premiums amounted to 11.7 billion euros and land vehicle insurance premiums climbed to 3.5 billion euros.
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 coverage in case of theft, fire, and damage to own vehicle.