Variation in homeowners' insurance claims in France 2019, by type
Home insurance rates in France will continue to rise due to an estimated increase in claims of 2.5 percent to 3 percent in 2020. The lockdown linked to the COVID-19 had a moderate and favorable impact on claims, resulting in a drop in the frequency of theft and fire, respectively 10 percent and 4 percent. On the other hand, the climactic events of the first quarter, with notably heavy rainfall, have strongly deteriorated the claims experience for hail and snowstorms as well as for water damage, which accounted for the main cause of claims.
