As we have said on more than one occasion, insurers are watching the economic crisis with a health that many businessmen had been killed. But, considering that the business of insurance companies is anti-ciclico, the forecasts for 2010 should invite a number of considerations. It is estimated that premiums of insurance for cars could experience significant decreases during the course of 2010; the estimated percentage would be around 4%. Be certain this estimate, the drop would be the same proportion that the that occurred during the previous year.However, those who expect this low to moderate thanks to an improvement in the loss ratio, there is to say that they do not have high hopes. Specifically, occurs when none of the experts on insurance companies, in general, and on insurance for cars venturing in this regard.An improvement in the global economic situation, among many other positive things, would also bring increased use of the automobile and, therefore, an increased risk for the insurance companies.
In this way, obtaining positive figures is more difficult in times of economic prosperity than in times in which forecasts are worse. It is almost certain that the car insurance industry will not grow your premiums over the course of 2010, although it is possible that companies raise their values.It must also take into account that the nearly three years of economic recsion has left an automotive fleet with fewer renewal rate, i.e. it has aging in a faster way than usual now that the decline in the sale of new cars has prevented their renewal, which can also affect the increase in accidents on the road. In addition, the sale of used cars your has followed a certain pattern constant, incidienco even more in the aging of the fleet. Insurance companies specialised in insurance for cars, is confident that the situation is not so serious for your business. According to statements by some directors of insurance companies, the output of the economic crisis is going to be gradual, slow, so we do not believe that it will affect in a very negative way in the insurance business. In MMT insurance, one of the main companies of insurance for cars, are trusted so and they prepare for this or any other event of economic type, either global or local.