Premium calculation · Vehicles
Taxi insurance
In our own estimate, the basic example costs from €650 to €764, depending on the company. From there, 7 tables with 41 bands in all raise or lower the price: the same steps at every company, at another height.
The prices are our own estimates, and they can be wrong. They are not offers or an official ranking, and we sell no insurance. The algorithm is public. Why
The prices of each company are our own estimate. They come from our own research of the market and our judgement as people of the industry. They are not a price that the company publishes. We can be wrong, and the order of the ranking is more reliable than the exact price. Only the company gives the real price, with all your details. None of the 10 companies gave us a price.
The reference case
The price of the example is the one the comparison shows for these answers: the base of each company, the rates on the sums insured, the factors and the extra covers of the example.
- Engine size
- 1,600
- Year of first registration
- 2020
- Value today (€)
- 12,000
- Driver's age
- 46
- Years licensed
- 24
- Postcode
- no postcode - the average of Greece
- Last at-fault claim
- 10+ years ago or never
- Vehicles in the household
- One
- The reference tier
- Third-party liability
- €650 - €764
The tiers
The price of the basic example by tier, base and percentages on the sums insured, at the company with the cheapest and the company with the dearest estimate.
| Plan | Cheapest | Dearest | Spread |
|---|---|---|---|
| Third-party liabilityCovers only what the law asks. · the reference tier | €650Personal Insurance | €764Interamerican | +18%10 companies |
| With legal and roadsideThis is the professional driver’s package. | €793Personal Insurance | €931Interamerican | +17%10 companies |
| Fully comprehensiveCovers the taxi itself as well. | €1,590Personal Insurance | €1,824Interamerican | +15%10 companies |
The factors
Every insurer has the same bands, but its own coefficients
Every figure is one table of the calculation. The two columns in each band are the cheapest and the dearest estimate for the basic example.
From × 0.80 to × 1.63 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | Personal Insurance | Interamerican |
|---|---|---|
| up to 900 cc | × 0.80 | × 0.86 |
| 901 - 1,200 cc | × 0.85 | × 0.90 |
| 1,201 - 1,400 cc | × 1.00 | × 1.00 |
| 1,401 - 1,600 cc | × 1.09 | × 1.06 |
| 1,601 - 1,800 cc | × 1.18 | × 1.12 |
| 1,801 - 2,000 cc | × 1.25 | × 1.17 |
| 2,001 - 2,500 cc | × 1.44 | × 1.30 |
| over 2,500 cc | × 1.63 | × 1.43 |
From × 0.91 to × 1.00 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | Personal Insurance | Interamerican |
|---|---|---|
| new, up to 2 years old | × 0.91 | × 0.94 |
| 3 - 5 years old | × 1.00 | × 1.00 |
| 6 - 9 years old | × 1.00 | × 1.00 |
| 10 - 14 years old | × 1.00 | × 1.00 |
| 15 - 19 years old | × 0.98 | × 0.98 |
| 20 years and older | × 0.95 | × 0.97 |
From × 0.98 to × 1.75 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | Personal Insurance | Interamerican |
|---|---|---|
| 18 - 22 | × 1.75 | × 1.51 |
| 23 - 24 | × 1.44 | × 1.30 |
| 25 - 29 | × 1.19 | × 1.13 |
| 30 - 39 | × 1.05 | × 1.03 |
| 40 - 54 | × 1.00 | × 1.00 |
| 55 - 69 | × 0.98 | × 0.98 |
| 70 - 74 | × 1.10 | × 1.07 |
| 75 and over | × 1.31 | × 1.21 |
From × 1.00 to × 1.25 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | Personal Insurance | Interamerican |
|---|---|---|
| under 1 year | × 1.25 | × 1.17 |
| 1 - 2 years | × 1.13 | × 1.09 |
| 3 - 4 years | × 1.05 | × 1.03 |
| 5 - 9 years | × 1.01 | × 1.01 |
| 10 years and over | × 1.00 | × 1.00 |
From × 0.94 to × 1.12 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | Personal Insurance | Interamerican |
|---|---|---|
| Attica | × 1.12 | × 1.12 |
| Thessaloniki | × 1.06 | × 1.06 |
| Large cities | × 1.00 | × 1.00 |
| Rest of mainland Greece | × 0.94 | × 0.94 |
| Islands | × 1.00 | × 1.00 |
| Greece, national average | × 1.03 | × 1.03 |
From × 0.96 to × 1.38 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | Personal Insurance | Interamerican |
|---|---|---|
| within the last year | × 1.38 | × 1.26 |
| 1 - 2 years ago | × 1.19 | × 1.13 |
| 3 - 4 years ago | × 1.08 | × 1.05 |
| 5 - 9 years ago | × 1.00 | × 1.00 |
| 10+ years ago or never | × 0.96 | × 0.97 |
From × 0.93 to × 1.00 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | Personal Insurance | Interamerican |
|---|---|---|
| one vehicle | × 1.00 | × 1.00 |
| two vehicles in the same household | × 0.95 | × 0.97 |
| three or more vehicles | × 0.93 | × 0.95 |
Rates on the sums insured
Whatever is priced on a sum you declare, the value, the building, the capital, enters the price before the factors.
| Cover | In tiers | Cheapest | Dearest |
|---|---|---|---|
| Damage to your own vehicle: 3.5% of €12,000on €12,000 | Covers the taxi itself as well. | 34.92‰€419 · Personal Insurance | 38.16‰€458 · Interamerican |
Extra covers
A flat price a year, unless the tier already includes it.
| Cover | Inside the tier | Cheapest | Dearest | Spread |
|---|---|---|---|---|
| Roadside assistanceThey come to get you when you break down - not only after an accident, but also with a flat battery or a puncture, if the policy says so. | This is the professional driver’s package.Covers the taxi itself as well. | €26Personal Insurance | €31Interamerican | +19%10 companies |
| Broken glassThe windscreen and the windows of the car, when they break, for example from a stone on the motorway. | Covers the taxi itself as well. | €28Personal Insurance | €34Interamerican | +21%10 companies |
| Legal protectionA lawyer at the expense of the company when the other party is at fault and its insurer refuses to pay. | This is the professional driver’s package.Covers the taxi itself as well. | €9Personal Insurance | €11Interamerican | +22%10 companies |
| Driver accidentThird-party liability covers whoever you hit, not you. This covers you, if you are at fault. | This is the professional driver’s package.Covers the taxi itself as well. | €11Personal Insurance | €13Interamerican | +18%10 companies |
| Replacement carThey give you a vehicle while yours is in the workshop. It makes sense if the car is how you get to work and there is no second one. | - | €54Μινέττα Ασφαλιστική | €62Interamerican | +15%3 companies |
Minimum premium: from €361 to €430 depending on the company. No price falls below its own.
Instalments: in two halves the year costs 8% to 8% more, and in four quarters 16% to 16%, by company.