What is car insurance in France?
Car insurance is one of the biggest forms of insurance cover in France. If you’re planning on driving in France, you’ll need a minimum level of liability insurance as a legal requirement if you have a vehicle on the road. To help you understand car insurance in France, this guide will discuss the key issues, including: Need car insurance in France?
What happens if you don’t insure your car in France?
Failure to insure a vehicle can lead to fines of up to €3,750. Car insurance in France covers the vehicle rather than the driver, meaning that other licensed drivers can driver your car if the policy allows it. Because insurance is applied to the vehicle, every car in France needs to be separately insured.
How big is the insurance industry in France?
France is one of the world’s most developed insurance markets, ranking fifth globally and second in Europe (behind only the UK). The French insurance sector brought in a revenue of €293 million in 2017 and there are 285 insurance companies operating in the country.
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