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Car Insurance in Italy

Wow! It’s expensive to insure a car here. I pay over 1,400 Euros for what in the UK would be 3rd party fire and theft.

I can’t even think about fully comp cover here – it is prohibitively expensive.

Back in the UK I could probably insure three cars fully comp for what I pay here. Tried to pay the insurance online, but the bank’s server seems to be down. Will try again later. My car is nearly ten years old, by the way but has a big engine and 4 wheel drive – which seems to up the insurance cost a little. Road tax is also pricey at €250 a year. The thing is I don’t even use the car here in Milan, I use public transport and walk.

Finding a parking place is virtually impossible or very expensive. Maybe I’ll get rid of the car, or get something that is cheaper to insure. I pay €150 a month for the privilege of keeping the thing in a garage, too. Luckily the VAT (IVA here) is deductible, and I avoid having the poor vehicle broken into or getting some fine for leaving it in the wrong place, or forgetting to move it when they come and clean the roads.

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About Alex Roe

Alex Roe is from the UK, but has lived and worked in Milan, Italy for more than a decade. He founded Italy Chronicles in 2005 as Blog from Italy. Alex is a Business Insider Europe contributor.

When not working on Italy Chronicles, Alex teaches English at a business school in Milan, translates, writes articles for other web sites and runs training courses.

Alex tweets news and information about Italy to his 7400+ Twitter followers via @newsfromitaly.

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