European Insurance Premium Tax (IPT) comparison table
Rank Country Rate
1 FINLAND 24% (Motor and Fire)
2 ITALY 21.5% (Liability, Fire, Theft, Other),
12.5%
(
Motor
,
A
g
ricultural liabilit
y
and fire
)
3 NETHERLANDS 21% (Most – Marine, Travel, Health, Goods in transit = Exem
p
t)
4 GERMANY 22% (Fire, Business interruption),
19%
(
Home/Buildin
g
s
,
Livestock
,
Goods in German transit
,
Other
)
5 GREECE 20% (Fire, Motor fire)
15%
(
Liabilit
y,
Motor
,
Marine/aviation
,
Health
,
Accident
,
Goods in transit
)
6 UK 12% Most UK risk
20% Travel
,
Hire car insurance
,
extended warrant
y
7 MALTA 11% (Most)
8 AUSTRIA 11% (Most)
9 HUNGARY 10%
(
exce
p
t Motor at 30%
)
10 BELGIUM 9.25%
11 FRANCE 9.0% (except Motor 33%, Fire 30%, Marine (Sport, pleasure) 19%, Motor (Accidental
dama
g
e
)
18%
,
Le
g
al Protection 12.5%
)
12 PORTUGAL 9.0% (except Marine and aviation, goods in transit, Agriculture, Personal accident all
5%
)
13 SLOVENIA 8.5%
14 SLOVAKIA 8.0%
15 SPAIN 6.0%
16 CROATIA 5% (exce
t Motor liabilit
15%, motor dama
e 10%)
17 IRELAND 5% (non-life)
1%
(
life
)
18 LUXEMBOURG 4.0%
19 ROMANIA 2% Motor
1% Non-Life
20 BULGARIA 2.0%
21 CYPRUS 1.5% Life
(BUT 5% Motor (Guarantee Fund))
Mostl
y
stam
p
dut
y
22 DENMARK 1.5%
(
Exce
p
t Motor 42.9%
)
23 SWEDEN EXEMPT (but 32% for Motor)
24 POLAND EXEMPT (but 10% fire bri
g
ade tax on Fire)
ESTONIA No IPT
LATVIA No IPT
LITHUANIA No IPT
CZECH REPUBLIC No IPT
LIECHTENSTEIN 5.0%
NORWAY No IPT
SWITZERLAND 5% (but Accident, A
g
ricultural, Marine exem
p
t)
ICELAND 0.0045% Fees
0.03%
p
revention tax (avalanches)
EU Countries
Non-EU Countries