EC proposes changes to motor insurance

The European Commission has proposed increases in minimum personal injury cover to rise from €350,000 to €1mn (£680,000). The minimum cover for property damage to rise from €100,000 to €500,000 and both to be subject to five-yearly adjustment to take account of inflation. Falling short of the European Parliament’s call for a minimum personal injury cover of €2mn, when passed and implemented this upgrade will only affect Italy, Ireland, Spain, Greece and Portugal as other EU states already have laws providing at least this level of cover.