Interest in hull insurance has increased considerably. The reason is the renovation of the country’s parking lot.
According to Xezerxeber.az, a sharp increase in interest in hull insurance can lower insurance premiums.
Experts say that drivers who already own a new car are more frequently turning to car insurance to cover damage.
Insurance expert Vusal Badalov believes that the increase in interest on hull insurance may also influence the price. In the coming years, as the car park is completely renovated, hull insurance premiums are expected to decrease.
It should be noted that currently the hull insurance rate is calculated at a rate of 2.5 to 3.5 percent of the value of the car. However, these figures are expected to fall by 1 to 1.5 percent after increased interest in comprehensive insurance affects the price.
In the detailed plot:
Helmet insurance CAN BE CHEAP
