Arrears of consumers and entrepreneurs against insurers amounts to PLN 387 mil.

Consumers and entrepreneurs owe insurance companies PLN 387 million, according to the data of the National Debt Register of the Economic Information Bureau (KRD). The debt has been decreasing since the fourth of June last year, which is influenced, among others, by fall in insurance prices.

There are currently 177,000 in the KRD database. debtors who have not paid their premiums for their policies. Of which 141.6 thous. are individual clients, and 35.4 thous. companies. Consumers have PLN 156 million to donate, and enterprises over PLN 231 million, it was reported.

"At the beginning of the pandemic, i.e. in March 2020, the total debt to insurers amounted to nearly PLN 410 million. In June last year it increased to the historic record of PLN 430 million and has been decreasing since then. This is due to, among others, the fall in insurance prices. This can be seen on the example of third party liability insurance policies that dominate the market," said the president of KRD, Adam Łącki.

The average debt of a natural person is PLN 1,101, while the average debt of an entrepreneur is PLN 6,530, it was also indicated.

The most common cases for debt collection are TPL and AC premiums for vehicles, additional insurance, such as accident insurance, corporate fleet insurance, life insurance and, to a lesser extent, real estate and home movable property insurance (TVs, laptops, etc.), explained.

Among consumers, the inhabitants of Mazovia have the most arrears - PLN 26 million. The second place is taken by people from Wielkopolska with the amount of PLN 17 million, and the third - from Silesia, where PLN 16 million was collected from unpaid policies. In the case of companies, the Mazowieckie Voivodeship also dominates - the debt amounts to PLN 66 million there. Next on the list are enterprises from Silesia with a total of PLN 26 million, and the podium is closed by the Greater Poland Voivodeship - companies did not pay insurers there with PLN 25 million in premiums, it was also announced.

3/4 of the insurance debtors listed in the KRD are men. Usually the car in the family is registered for a man and he is the one who goes to the KRD in the event of failure to pay the premium from the motor policy. Arrears also arise because many customers do not know what to do after the sale. You should then send the insurer the termination of the civil liability insurance policy together with the contract concluded with the buyer.

Source: ISBnews and Economic Information Bureau