“We have one of the highest premiums for car insurance policies in Europe, namely EUR140 for (voluntary car insurance – e.n.) Casco and EUR150 for RCA. Still, these numbers are explainable. Romania has the highest damage frequency in Europe, of 7-8%. Moreover, the local infrastructure is faulty. Over 90% of the deaths in car accidents occur in countries with low income (…) there is a direct relation between income, accidents and infrastructure,” Rosu stated.
The UNSAR representative added that the implementation of the direct compensation system on the insurance market, allowing the damaged driver to choose between the RCA insurer of the culprit or his own insurer, could trigger an increase of the RCA tariffs.