Cheaper insurance for well-behaved drivers

A first for the insurance sector in Romania: women will be able to pay up to 10% less than men for their mandatory auto liability insurance (RCA) for 2007, while individuals who have not caused a single accident in the last three years may pay half as much as those who did. Asirom and Unita are the two companies that sell insurance with different premiums for men and women. Unita is also applying the bonus-malus system, meaning that it charges different rates depending on the accidents caused by the car owner. The insurers published their 2007 rates in order to be able to sell their insurance policies for the next twelve months, which already include part of 2007. The 2007 auto liability insurance policies also include the Green Card insurance required for trips to the EU, regardless of whether the buyer has plans to travel to the West or not. Most companies have doubled their RCA prices for 2007 compared with the price for this year. ZF