A "Riot Tax" of 0.8% Could Affect Auto and Home Insurance
10 Articles
10 Articles
After the recent riots, are we all going to pay for this violence? The government is relaunching its "riot tax" project; plus 0.8% on all home and auto insurance contracts. The scheme will come into effect on January 1st. To compensate for the loss of profits and repair the damage, traders will be able to count on the support of the insurers, the government, but also, perhaps soon, on our own money, an incomprehensible decision for some resident…
A new mechanism for pooling the risks associated with riots could be introduced in France as early as 1 January 2027, after the damage caused in October during the demonstrations, whose bill exceeds the...
Through this measure, which was created in 2023 and concerns individuals, businesses and communities, the executive hopes to raise 400 million euros. The sum will help insurers and the state to pay for the deteriorations of 17 and 24 October, estimated at more than 1 billion euros.
The Elysee discusses a horizontal "tax" on insurance policies under the pretext of the devastation caused by vandalism and looting in France The post "riot tax" in France again in the spotlight appeared first on in.gr.
A report by Siegrid Piérard de Misouard and Enzo Venuto.
A compensation fund for the victims of "casseurs" is due to enter into force on 1 January. The vast majority of this fund will be financed by a tax paid by insurers equivalent to 0.8% of the premiums paid on insurance contracts. However, the damage of 17 and 24 October will not be covered by this new scheme.
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