The car insurance premium will increase in 2024, as in 2023. Thanks to the MoneyVox Market Intelligence tool, we offer you a Top 10 of the least expensive car brands to insure against all risks. Follow the leader.
Despite the government’s call for price moderation, the 2024 car insurance premium is expected to increase again. The average increases will revolve around inflation, admitted to AFP Adrien Couret, general director of the Ama group which brings together Macif, Asio and Abeille. For its part, the Facts & Figures firm anticipates a peak in prices of between 6 and 8% in 2024 when the Assurland comparator is more measured with an estimate of 4%.
These price increases are justified by the rising prices of spare parts (+8% over one year), automobile repairs (+3.5% over one year) and climate losses. Faced with their multiplication and their ever-increasing costs, the natural disaster regime, fueled by a tax on home and auto insurance contracts, should increase from 12 to 18% by 2025.
Isn’t it time to compare your contract to market offers? You will have to pay 630 euros on average to insure your vehicle in 2023, compared to 611 euros last year. Thanks to the MoneyVox Market Intelligence tool, which analyzes the database of the broker Meilleurtaux, we have deciphered more than a million quotes issued since the start of the year to present to you the car brands whose average annual premium is the most attractive.
Furthermore, we chose to retain the all-risk guarantee, certainly more expensive, but also more protective for the consumer. It is also the majority since it is subscribed to in 55% of the contracts for the 48 million vehicles (2 and 4 wheels) in circulation.
Car Insurance : save up to €380 thanks our online comparator
A Dacia, Kia and Suzuki podium
According to our ranking, 10 brands manage to keep the premium level below the symbolic bar of 1000 euros per year. Remember that the age of the driver, his place of residence and his bonus-malus influence the final price, but with 666 euros on average per year, or 55 euros per month, the Dacia brand is the best bidder on the French market. Asian brands Kia (South Korea) and Suzuki (Japan) complete the podium with an annual bonus of 838 and 846 euros per year respectively.
| Mark of vehicle | Average annual amount of car insurance premium |
|---|---|
| Dacia | 666 euros |
| Kia | 838 euros |
| Suzuki | 846 euros |
| Nissan | 875 euros |
| Hyundai | 887 euros |
| Toyota | 899 euros |
| Ford | 920 euros |
| Opel | 932 euros |
| Lemon | 937 euros |
| Fiat | 944 euros |
Source: MoneyVox Market Intelligence – September 20, 2023
Peugeot and Renault, which in terms of volume provide many vehicles on French soil, are above 1000 euros annually. Mini and Tesla, for their part, are around 1150 euros per year while BMW, Audi and Mercedes are above 1200 euros per year. Audi is even the most expensive brand with an average premium of 1287 euros, or 107 euros per month.