The rate of car theft in the Italian provinces Car theft was most common in southern Italian cities: all of the cities in the top ten were in the south. Furthermore, one of the variables contributing to higher car insurance premiums in this macro-region was the poor quality of the road network.
Is car insurance mandatory in Italy?
If you’re an expat living in Italy and plan to drive, you’ll need to purchase Italian auto insurance. In Italy, you are legally required to get car insurance with at least third-party liability coverage.
In order to get insured in Italy, you need not need an Italian driver’s license. We can provide you with Italian auto insurance as long as you have a valid driver’s license.
What is the most expensive car insurance in the world?
The BMW i8 is the first of its kind. The BMW i8 is the most expensive vehicle to insure in the country. The manufacturer suggested retail price (MSRP) for this high-performance vehicle is $147,500, with an average annual insurance cost of $4,303.
Why is Volvo insurance so expensive?
Volvos have a greater actual cash value because they are considered premium vehicles. Because the cost of parts and labor will be higher, insurance firms may demand higher rates to compensate. Furthermore, with financed vehicles, your lender requires full coverage, which raises your insurance prices.
How much is car tax in Italy?
The current value added tax (VAT) rate is 22%. A one-time provincial tax applies to vehicles registered in Italy. For example, in the province of Rome, where Alphabet’s legal domicile is, this now costs 151,00 for vehicles with a power output of less than or equal to 53 kW. It is 3,51 per kW for automobiles with a power output of 54 kW or less.
Can a foreigner buy a car in Italy?
In general, a person who does not live in Italy or one of the EU Member States is unable to buy or possess an automobile in the country.
Even if you own a property, run a business, or have genuine interests in Italy, you are not legally allowed to possess a car in Italy if you are a foreigner with a domicile in another country.
In this aspect, Italian law is both restrictive and absolute. To further elucidate this matter, we’ll distinguish between:
How long can I take my car to Italy for?
“Anyone who has resided in Italy for more than 60 days is prohibited from driving a vehicle registered overseas,” according to the Highway Code. So, if you relocate to Italy with your car, you must register it with Italian license plates within two months of getting Italian residency.
Can you drive someone elses car in Italy?
Car insurance in Italy is applied to the vehicle rather than the individual driver. This has the advantage of allowing anyone with a valid driver’s license to drive your automobile without needing to be added to the policy. This is especially useful for families because it means fewer expensive plans must be purchased.
Registering your car in Italy
If you move to Italy from an EU nation, Liechtenstein, Norway, or Switzerland and bring a car with you, it will be protected for third-party responsibility in Italy if it is insured in one of those countries. If you plan to stay in Italy for a long time, you should probably register your car with the Automobile Club d’Italia.
Do Mercedes cost more to insure?
Because of their higher value and repair costs, luxury vehicles such as the Mercedes-Benz cost more to insure than less expensive vehicles. If you have your heart set on a high-end vehicle from this iconic brand, though, a little research can help you find a reasonable auto policy.