Netrisk.hu: Travel insurance prices barely increased this summer

By: Trademagazin Date: 2022. 07. 27. 09:03

Travel insurance premiums have barely risen: according to data from the Netrisk.hu insurance intermediary portal, the average daily premium for travel insurance sold in the first half of the summer was HUF 622, which is only a few percent higher than the level of HUF 607 three years earlier before the epidemic.

According to their Wednesday analysis, the average daily fee in summer is about HUF 100 less than in other parts of the year, as the proportion of car trips within Europe increases at this time, and their provision does not include many covers (airplane reimbursements, winter sports accidents) from the outset.

It was announced: the insurance companies will gradually implement the rising foreign claim payment amounts in their premiums, which is also accompanied by an increase in the reimbursement limits for the given services. Anett Cseh, head of product development at Netrisk.hu, said in the announcement: all of this may cause average premiums to rise by a few percent for the rest of the year, but a significant jump in premiums should still not be expected due to strong market competition.