In 2024, Italians paid more to insure their vehicles, but insurance companies profited less. Premiums collected in the third-party vehicle insurance sector totaled €13 billion, a 6.5% rise from 2023. The average yearly premium per vehicle increased to €338, almost €22 more than the previous year. The increase was mostly due to higher repair and spare parts prices, rather than an increase in the number of insured vehicles, which actually declined somewhat. Despite greater sales, insurance earnings fell: the net profit per policy dropped to €9, compared to €15 in 2023. Without financial investment returns, companies would have recorded losses. Accidents were consistent at roughly 5% of insured vehicles, but each claim cost an average of €5,422, which is 21% higher than in 2019. Significant geographical differences remain: enterprises in the North profit more, while regions such as Crotone and Foggia lose money. Naples and Caserta are outliers: while having a large number of claims, they have healthy margins because a substantial percentage of accidents—more than 35%—are reported as suspected fraudulent, and hence settled with lower or no payout. The national average for potentially fraudulent claims is 10.8%. Premiums continue to climb in the first half of 2025, albeit at a slower rate (+3.8%).