Car insurance to rise 4% to 15%

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la-gal-320834Citing increased car theft and inflation among other factors, the principle car insurance companies of the Mendoza region have already started announcing increases again. San Cristóbal has announced a 4% increase, Bernardino Rivadavia announced a 5% increase last month, while Triunfo Seguros has indicated they will raise rates between 10% and 15% depending on various factors with their clientel. Mendocinio insurance company Federación Patronal, which accounts for about 62,000 insured cars (aprox 10% of the market) has indicated an approximate 10% increase.

Material retreived and translated from: http://www.losandes.com.ar/notas/2010/7/5/economia-500585.asp  written by Miguel Angel Flores for Los Andes

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