Car insurance, average price at €423: the biggest increases in Rome, Milan and Vercelli

In the first quarter of 2026, the average price of a motor third-party liability insurance policy stood at 423 euros: a figure still more than three percentage points higher than a year earlier, but down on previous quarters, confirming a cooling-off phase following the sharp price rises of 2023–2024.

According to the latest Iper survey by Ivass, the year-on-year increase stands at 3.2 per cent in nominal terms (1.5 per cent after adjusting for inflation), compared with +7.2 per cent in the first quarter of 2024 and +4.1 per cent in 2025.

At a regional level, the picture remains mixed. Half of the provinces have an average premium exceeding 395 euros, and a quarter exceed 427 euros. The sharpest annual increases are concentrated in Vercelli (+5.8%), Milan (+5.6 per cent) and Rome (+5.4 per cent), whilst the historical gap between the most expensive province, Naples, and the cheapest, Aosta, has narrowed slightly to €257, down from €262 last year.

It was against this backdrop that the annual competition bill was introduced on Thursday, having been approved by the Council of Ministers following a proposal by the Minister for Enterprise, Adolfo Urso. The bill grants the government the power to reform compulsory motor third-party liability insurance, with the stated aim of linking premiums to the actual risk assumed by the insurer, improving the operation of direct compensation and stepping up the fight against fraud and insurance evasion.

The review is also expected to cover the bonus-malus system, with a view to rewarding safe driving behaviour and reducing the impact of regional factors which currently penalise motorists in certain areas regardless of their driving behaviour. The implementing decrees must be issued within nine months of the law coming into force; the bill will now be examined by Parliament.