We Are Afraid to Have Car Insurance at Increasing Prices!

A study by Arabam.com showed that automobile insurance prices have now greatly reduced the tendency towards automobile insurance. A dramatic change was observed compared to the situation just 11 months ago.

Owning a new vehicle has already become extremely difficult with inflation and the increase in foreign exchange rates. However, overcoming this difficulty, those who own a vehicle faced high vehicle expenses this time. Costs such as vehicle insurance and car insurancehas grown tremendously this year.

The latest data shared by Arabam.com, the used vehicle advertisement platform, clearly showed the negative impact of this increase on vehicle owners. vehicle owners the vast majority of them no longer think of insurance. reported. In fact, more than two-thirds of the participants stated that they were not even aware of the automobile insurance prices.

More than half of the vehicle owners said that they will not have insurance:

In the research carried out with the participation of 907 people this month, the participants 52.5% will not have their vehicles insured reported.

The biggest obstacle in front of the insurance is the prices:

  vehicle insurance

65.4% of the participants who do not think about having a motor insurance, explained the reason for this thought. increased insurance costs tied up. 18.4% stated that they thought the traffic insurance was sufficient, and 16.2% stated that they would not have automobile insurance because they trusted themselves in traffic.

There is a similar table in traffic insurance:

  vehicle insurance

  vehicle insurance

While 78.6% of the participants announced that they would have traffic insurance for their vehicles, 21.4% of the participants, who said they would not, shared the reasons for this as follows:

  • As traffic insurance costs increase: 44.8%
  • Because my vehicle is old: 41.4%
  • Because it benefits the other party, not me: 13.8%

The preference of those who have made insurance is in favor of full insurance:

  vehicle insurance

46.1% of the participants who stated that they would have insurance for their vehicles full insurance He shared his preference. 30.6% of them stated that they were in favor of general insurance, 17.1% of them were in favor of extended insurance and 6.2% of them were in favor of narrow insurance.

As soon as New Year’s Eve, the picture was different:

In the same research that Arabam.com conducted in January, the participants 60.9% of them will have insurance for their vehicles. had revealed. The conditions reached in just 11 months have changed the minds of the majority of vehicle owners.

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