Car insurance rates are never the same for all drivers and vehicles. Insurers charge more for new drivers and powerful cars. However, the difference would not be limited to that! According to the results of a comparison made by the website LeLynx, car insurance rates also differ from one region to another. And the least we can say is that the gaps are huge.
A significant difference in prices between regions
It was known that the rates applied by insurance companies are not always the same from one region to another in the same country. However, we didn’t expect the difference to be so great. At least, that’s what the figures recently published by the site LeLynx on its Twitter account reveal.
Indeed, the difference can apparently be more than a hundred euros for the average price of car insurance. So if you’re planning to move to a new area and buy new car insurance there, don’t expect to get the same rate as in your home area. While the indicators for defining prices are generally the same, it is now clear that insurers do not have the same pricing policy for all locations. And the results of this study, based on a sample of 764,315 auto insurance premiums, make this clear.
The cheapest insurance would be in Brittany
Based on the results of the study mentioned above, living in Brittany would be the best solution if you want to take advantage of the best price for car insurance. The average insurance premium is estimated at €491 per year. It is closely followed by the Pays de la Loire region, which has an average annual fee of €511. The Centre-Val de Loire region is in third place with 541 € per year, the Bourgogne-Franche Comté region is in fourth place with 552 € per year and finally, there is the Occitanie region with an average annual price of 553 €.
These prices are largely low compared to the Ile-de-France region, which records an average price of €647 per year for car insurance. Among the other most expensive regions alongside it are the PACA region (€619 per year), the Hauts-de-France region (€580 per year) and the Auvergne-Rhône-Alpes region (€576 per year). At this time, the exact factors that contribute to these disparities are not known. Nevertheless, it is certain that this has something to do with the risk indicators put in place by insurers.