Antena 3 CNN Romania Prohibitive auto insurances prices in 2016

Prohibitive auto insurances prices in 2016

Prohibitive auto insurances prices in 2016
de S.T.    |    08 Ian 2016   •   14:17

The transport workers' protest last month had the same impact on auto insurance policies as the recently reduced VAT on shelf prices. It had exactly the opposite effect. Young people have to pay twice as much money for car insurance compared with last year. Experienced drivers too must pay more.

Transporters are desperate because they are bled dry. They say the new auto insurance costs will drive them into bancruptcy.

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