Price of Insurance for Most Sold Cars in the Country Has Increased; Check the Prices

Written by Alisson Ficher

Published on 20/02/2024 at 16:50

Updated on 20/02/2024 at 16:59

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The Average Value Of Car Insurance For The Best-Selling Cars In Brazil Is More Expensive. This Happens After A Sequence Of Declines In Values.

Bad news for those who own some of the best-selling cars in Brazil: the price of insurance for these vehicles has become more expensive. This increase comes after a period of declines, to the dismay of Brazilian drivers.

The data comes from the monthly survey by the online broker Minuto Seguros, which revealed that the policy has become more costly compared to the figures recorded in December of last year.

According to the survey, to arrive at the result, the average prices of the insurance for the best-selling cars in Brazil were analyzed for January of this year, with values corresponding to those practiced in São Paulo.

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Car Insurance For Women

In this sense, the survey showed that the Volkswagen Polo Comfortline 1.0 had the cheapest insurance for women. Thus, women paid an average of R$ 1,745 for the car’s policy.

In contrast, the model Jeep Compass 1.3 registered the highest insurance price for women. The average insurance cost for this vehicle was R$ 4,310 in January, meaning it was nearly 2.5 times more expensive than the cheapest policy.

Check the table with the values for women in January:

Car	Average Insurance Price
Volkswagen Polo Comfortline 1.0	R$ 1,745
Chevrolet Onix Hatch 1.0	R$ 1,896
Hyundai HB20 Sense 1.0	R$ 2,162
Fiat Mobi 1.0	R$ 2,178
Hyundai Creta Action 1.6	R$ 2,279
Fiat Argo 1.0	R$ 2,332
Nissan Kicks Active 1.6	R$ 2,341
Chevrolet Onix Sedan 1.0	R$ 2,410
Chevrolet Tracker Midnight 1.0	R$ 2,694
Jeep Compass 1.3	R$ 4,310

Values refer to average car insurance prices for women in January 2024. (Source: Minuto Seguros)

Insurance Prices For Men

For men, the vehicle with the cheapest insurance among the best sellers is the Fiat Argo 1.0 (R$ 2,369). On the other hand, the most expensive is the Chevrolet Tracker Midnight 1.0 (R$ 7,510). Check out the values:

Car	Average Insurance Price
Fiat Argo 1.0	R$ 2,369
Volkswagen Polo Comfortline 1.0	R$ 2,614
Hyundai HB20 Sense 1.0	R$ 2,656
Chevrolet Onix Hatch 1.0	R$ 2,675
Nissan Kicks Active 1.6	R$ 2,701
Hyundai Creta Action 1.6	R$ 2,823
Fiat Mobi 1.0	R$ 2,893
Chevrolet Onix Sedan 1.0	R$ 3,452
Jeep Compass 1.3	R$ 6,351
Chevrolet Tracker Midnight 1.0	R$ 7,510

Values refer to average car insurance prices for men in January 2024. (Source: Minuto Seguros)

In January, car insurance for men became 9% more expensive compared to December. In the survey, Márcia Camacho, operations director at Minuto Seguros, states that “since the insurance price dropped significantly in December and last year, the increase recorded in January is a market adjustment and not necessarily a trend for the year.”

To arrive at these numbers, 15 insurance companies were surveyed, which provided their prices for profiles of a male and a female driver, both 35 years old and married. The companies consulted: Azul; Alfa; Aliro; Allianz; Bradesco; HDI; Itaú; Liberty; Sompo Seguros; Mapfre; Mitsui; Porto; Tokio Marine; Zurich.

The survey found a disparity between the prices for men and women. For example, in the case of the Chevrolet Tracker Midnight 1.0, for which the insurance cost R$ 7,510 for men, the price for women was R$ 2,694, meaning that males pay nearly 179% more for the policy of the same car.

Price of Insurance for Most Sold Cars in the Country Has Increased; Check the Prices

The Average Value Of Car Insurance For The Best-Selling Cars In Brazil Is More Expensive. This Happens After A Sequence Of Declines In Values.

Car Insurance For Women

Insurance Prices For Men

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Price of Insurance for Most Sold Cars in the Country Has Increased; Check the Prices

The Average Value Of Car Insurance For The Best-Selling Cars In Brazil Is More Expensive. This Happens After A Sequence Of Declines In Values.

Car Insurance For Women

Insurance Prices For Men

The Soviet Union spent 22 years drilling into the Earth’s crust and reached a depth of 12,262 meters — they found water where it was thought impossible, hydrogen bubbling from the rock, granite that is 2.7 billion years old, and temperatures of 180 degrees that melted the drill bits.

Ethiopia has banned gasoline and diesel cars, placed over a hundred silent electric buses on the streets of Addis Ababa, and now aims for half a million electric vehicles by 2030, all powered by Africa’s largest dam and a courage that few countries have shown.

Egypt wants to draw 10 million cubic meters of water from the Nile per day into the desert, irrigate a new agricultural frontier, and build a city where there is currently only sand.

Norway is drilling 27 kilometers of rock 392 meters below the bottom of a fjord to build the world’s largest and deepest underwater road tunnel — when completed, a 21-hour journey will be reduced to 10.

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Chinese engineers begin filling a 217-meter dam at an altitude of 3,000 meters and prepare a 2,240 MW hydroelectric power plant to integrate hydropower, solar, and wind energy in the upper Jinsha.

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