Motor and home insurance in France: higher rates expected in 2025

According to consulting firms Fact & Figures and Addactis, French policyholders should expect a further rise in the cost of their insurance policies in 2025.

Addactis forecasts an average increase of 6% and 8% for motor and home insurance respectively.

For its part, Fact & Figures expects an increase of 4% to 6% in motor insurance premiums and 10% to 12% in home insurance premiums.

This price hike is due to inflation in the cost of vehicle repairs, building materials and labor, as well as more frequent weather-related claims.

For the home insurance activity, another factor is added: the additional premium that finances the natural disasters scheme will rise from 12% to 20% starting 1 January 2025.