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The Warsaw Voice » Business » January 2, 2018
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Automotive insurance prices up
January 2, 2018   
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Poland’s automotive insurance prices are likely to increase further in 2018 due to planned changes in the regulations on compensations, Puls Biznesu daily reports citing representatives of insurance chamber PIU.
Claims paid out in 9M of 2017 were up by 8.3% year on year and this tendency will likely hold, especially in the light of the new legislation.
A team coordinated by financial market regulator KNF is working on solutions simplifying the process of determining compensations for families of car accident victims without the need to go to court. The team will propose a list of concrete sums for specific cases.
Results of these works will serve as basis for regulatory changes likely to be implemented next year.
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