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
ricultural liabilit
and fire
3 NETHERLANDS 21% (Most – Marine, Travel, Health, Goods in transit = Exem
t)
4 GERMANY 22% (Fire, Business interruption),
19%
Home/Buildin
s
Livestock
Goods in German transit
Other
5 GREECE 20% (Fire, Motor fire)
15%
Liabilit
Motor
Marine/aviation
Health
Accident
Goods in transit
6 UK 12% Most UK risk
20% Travel
Hire car insurance
extended warrant
7 MALTA 11% (Most)
8 AUSTRIA 11% (Most)
9 HUNGARY 10%
exce
t Motor at 30%
10 BELGIUM 9.25%
11 FRANCE 9.0% (except Motor 33%, Fire 30%, Marine (Sport, pleasure) 19%, Motor (Accidental
dama
e
18%
Le
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
stam
dut
22 DENMARK 1.5%
Exce
t Motor 42.9%
23 SWEDEN EXEMPT (but 32% for Motor)
24 POLAND EXEMPT (but 10% fire bri
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
ricultural, Marine exem
t)
ICELAND 0.0045% Fees
0.03%
revention tax (avalanches)
EU Countries
Non-EU Countries