{"id":1671550,"date":"2022-10-04T08:50:57","date_gmt":"2022-10-04T12:50:57","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1671550"},"modified":"2022-10-04T08:51:27","modified_gmt":"2022-10-04T12:51:27","slug":"drivers-in-germany-face-higher-insurance-premiums-industry-executive","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/drivers-in-germany-face-higher-insurance-premiums-industry-executive\/","title":{"rendered":"Drivers in Germany face higher insurance premiums \u2013 industry executive"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdrivers-in-germany-face-higher-insurance-premiums-industry-executive%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1671550&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>MUNICH (Reuters) \u2013     German drivers should brace for higher auto insurance premiums next year, following three years of price declines, an industry executive told Reuters.<\/p>\n<p>Higher insurance prices are the latest headache for drivers, who already must contend with soaring fuel costs, parts shortages and long waiting times for new vehicles. Annual inflation in Germany was 10.9% in September, the fastest pace in more than a quarter of a century.  <\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>Klaus-Juergen Heitmann, chief executive of Germany\u2019s market leader for car insurance HUK-Coburg, said price increases can be expected at the turn of the year. <\/p>\n<p>\u201cSome insurers have already announced increases,\u201d he said.<\/p>\n<p>\u201cWhether the expected jump in revenues (in 2023) is enough to avoid being in the red remains to be seen,\u201d he added.<\/p>\n<p>Rising repair costs are making it difficult for car insurers to be profitable, and Heitmann predicted HUK-Coburg\u2019s operating profit for car insurance in 2022 would be around zero.<\/p>\n<p> (Reporting by Alexander Huebner; writing by Tom Sims; editing by Miranda Murray)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/drivers-in-germany-face\/attachment\/cars-jam-on-the-motorway-a8-between-salzburg-and-munich\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/tagreuters.com2022binary_LYNXMPEI930OG-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI930OG-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUNICH (Reuters) \u2013 German drivers should brace for higher auto insurance premiums next year, following three years of price declines, an industry executive told Reuters. Higher insurance prices are the<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1671550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1671550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1671550"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1671550\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1671550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1671550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1671550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}