In just one year, the average cost of car insurance in Germany has shot up by an average of 20%. According to the Verivox car insurance index, taking out mid-range insurance for a new car in April 2024 is 18% more expensive than it was in the same month last year. Partial comprehensive insurance is 19% more expensive, and a fully comprehensive policy will set you back 21% more than in April 2023. If you change insurers without buying a new car, the latter two rates go…
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Car insurance up 20% in Germany due to expensive repairs
