Breakfast Show 6:30am - 10:00am

Listen Live

Search

Car insurance rates set to climb

Monday, 11 December 2023 06:30

Car insurance rates are set to climb significantly next year, and inflation is to blame.

Motorists could see an average hike of 15%.

Insurers say the price for new vehicles has increased by 6%, used cars are up by as much as 20%. They also point out the cost of spare parts and labour is higher.

Consumer rights groups point out the insurance company must notify clients of any increases in good time – and then the client has 30 days to cancel and find another insurer if they can. 

That piece of information is often missing from the official communication, say rights groups. 

 

 

Share

More from Bitesize News

  • Geneva could foot the G7 bill

    Geneva fears it will be left with the security bill from a G7 summit just across the border in Évian, according to 24 heures.

  • US NGO discovers Swiss child abuse cases

    Switzerland relies too heavily on an American NGO to detect child sexual abuse online, raising questions about the country's ability to protect children on its own.

  • French singer banned by Paleo

    The Paléo Festival in Nyon says it will no longer invite French singer Patrick Bruel, after a former volunteer accused him of inappropriate behaviour.

  • Cars going uninspected

    The cantons are struggling to keep up with mandatory vehicle inspections, leaving more than 550,000 checks overdue nationwide.

  • War may lead to rent rises

    Rents may rise again, says the bank Raiffeisen.

  • Not a heatwave, yet

    Summer has arrived, with temperatures climbing past 30 over the long weekend. Basel reached 31 and Sion hit 32.4, but MeteoSwiss, says this does not yet count as an official heatwave.

Follow WRS

Download our app

  • Available on the App Store
  • Available on Google Play