The average premium for comprehensive car insurance in Hungary dropped to 206,400 forints ($540) in the first nine months of 2025, down 4.7% from the same period last year, according to new data from Insura.hu.
Thus, the average cost of comprehensive (casco) insurance for new cars fell 1.6% to 254,000 forints, while used car buyers saw a 3.8% decrease, paying an average of 219,400 forints.
The lowest premiums, 173,100 forints, were paid by those renewing policies on their car’s insurance anniversary, a trend that has become more pronounced online, where average premiums are significantly lower at 165,100 forints.
Thirty percent of policyholders now purchase additional coverage, with glass damage excess insurance being the most popular (22%), followed by depreciation-free payouts (12%). Common add-ons include accident insurance, legal protection, and coverage for in-car electronics.
Online channels now account for 17% of all comprehensive insurance contracts, with offline brokers handling the remaining 54%. The share of check payments has plummeted from 8% to 3.7% in two years, as customers increasingly opt for bank card payments and the convenience of annual lump-sum payments, which now make up 52% of all transactions.
Coverage gaps persist
Despite the drop in premiums, only one-fifth of Hungary’s cars are covered by comprehensive insurance, leaving millions vulnerable to theft, accidents, and increasingly common natural disasters such as storms and floods.
The low coverage rate is partly due to insurers typically only offering comprehensive policies for cars up to 15 years old—yet the average age of Hungary’s vehicle fleet is 16.3 years.
