Tuesday, April 5, 2011

Insurance For Cars: Premiums Could Fall In 2010

As already stated on more than one occasion, insurers are looking to spend a health crisis for which many employers had been killed. But considering that the business of insurance companies is anti-cyclical,

projections for 2010 should invite a number of considerations that may not be glad to investors and managers of insurers.
 
It is estimated that insurance premiums for cars may experience significant declines during the course of 2010, the estimated percentage would be around 4%. To be certain this estimate, the drop would be in the same proportion as that recorded during the previous year. But those who hope that this decline is moderated by an improvement in claims, should be told that do not have much hope.
 
None of the experts on insurance, in general, and specifically car insurance, you think of venturing in that direction. An improved global economic situation, among many other positive things, would also bring greater car use and therefore a higher risk for insurance companies. Thus, to obtain positive numbers is more difficult in times of economic boom in the days that are worse predictions on economic growth and prosperity.
It is almost certain that the insurance industry for cars will not see their premiums increase over 2010, although it is possible for companies to raise their values. We must also bear in mind that the almost three years of economic recession we left a car park less turnover rate, ie the car park circulation, active, old-looking is a faster way usual as the decline in sales of new cars has prevented its renewal, which can also affect the increase in accidents on the road.
 
Also, the sale of used cars has continued a steady pace, driven by the search for better prices to the future economic concerns of buyers, further affecting the aging fleet.
Insurance companies hope that the situation is not as bad for business. According to statements by executives of insurance companies, "out of the economic crisis will be gradual, slow, so do not think that will affect a very negative way in the business of insurance. We trust that way and we prepared for this or any other event of an economic, either global or local character. "
 
And so it seems in a company like Insurance MMT, as its range of car insurance is vast:  Third. A very solid bet, as evidenced by the words of its executives do not seem to make us fear for the course of the business of car insurance .

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