Germany insurance market: value of motor claims paid out 2004-2020

Published by Statista Research Department, Nov 1, 2024
The statistic shows the total value of motor claims expenditure paid on the insurance market in Germany from 2004 to 2020. The claims payments noted a stable growth until 2019 and slightly decreased in 2020, reaching the value of 22.06 billion euros at the end of that year.

Total motor claims expenditure paid on the insurance market in Germany from 2004 to 2020 (in billion euros)

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Release date

August 2022

Region

Germany

Survey time period

2004 to 2020

Supplementary notes

* Constant exchange rates.

Total motor insurance (MTPL and damage): claims expenditure.

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