Forecast: Motor Vehicle Partial Own Damage Insurance Claims in Germany

The forecast for motor vehicle partial own damage insurance claims in Germany shows a gradual decline from 2024 to 2028. Starting at 963.51 thousand units in 2024, the claims are projected to decrease each year, reaching 889.7 thousand units by 2028. Compared to the actual figures of 2023, this marks a consistent downward trend. The year-on-year variations indicate a slight reduction, reflecting an average annual decrease likely driven by factors such as better vehicle safety technology and possibly changing insurance market dynamics.

Future trends to watch for in this market include the impact of technological advancements such as autonomous vehicles, which could further reduce accident rates and claims. Additionally, shifts in regulatory frameworks and consumer behavior towards insurance usage could alter the volume of claims. Monitoring these factors will be crucial for stakeholders aiming to adapt and capitalize on the evolving automotive insurance landscape.

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