See how much was the increase in the price of car insurance in Rio

See how much was the increase in the price of car insurance in Rio
See how much was the increase in the price of car insurance in Rio

Although the decrease in fuel prices has generated some relief in recent months, it has heavier and heavier in the pockets of drivers the prices of vehicle insurance. According to the Consumer Price Index (IPCA-IBGE), the policies were 2.27% more expensive in the country in the month of August. In the last 12 months, the national average recorded an increase of 43.63%while the city of Rio surprised with a increase by 92.22%.

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The capital of Rio de Janeiro is positioned in the ranking only behind Belo Horizonte (121.36%). Rio is also in second place when the index from january to august: there was an increase in 54.54% in this period. In the capital of Minas Gerais, the increase was 77.84%.

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What explains this rise in the sector is a set of factors covering the impact of the pandemic and the scenario of economic recoverythe difficulties in parts replenishment for replacement, the increase in vehicle trafficbetween others.

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Among the topics that impacted the value of the policies are also the crime rates in the city. Between January and July 2022, were recorded 4280 thefts and 7686 vehicle thefts in the municipality – a number 9% higher than that observed in the same period in 2021 -, according to data from the Instituto de Segurança Pública (ISP).

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