These are a few extra pennies to your insurance premium, which will give a breath of fresh air to the accounts of the Guarantee Fund for Victims of Terrorist Acts and Other Offenses (VGTI). The “attack” tax levied on each car and home insurance contract will increase from 1 July from €5.90 to €6.50 per year. An increase of 60 cents would release around 60 million extra euros over the entire year, while the attack tax brought in around 580 million euros last year.
The amount of this contribution, applied to almost 100 million contracts, has already increased from 3.30 euros to 4.30 euros in 2016 and then to 5.90 euros a year later after various attacks (November 13, 2015, Nice…) hit France.
These increases were not enough to ensure the financial sustainability of the FGTI, which was created in 1986 to provide compensation to victims of assault and has been extended since 1990 to victims of common law crimes (murder, rape, sexual assault, etc.). Because the Fund’s own resources are negative and amount to -5.6 billion euros at the end of 2022.
The Accounts Chamber has already predicted a deterioration in the financial situation in the medium term in 2021, with “particular concern” due to the “growing cost of full compensation for the damage suffered by victims.”
New missions of the guarantee fund
And with constant resources, the situation did not promise to improve. Because the Justice Orientation and Programming Act, passed last fall, gives the fund new compensation missions.
Victims of domestic violence and minors will now be able to contact the Crime Victims’ Compensation Commission (Civi) to assert their rights. Specifically, this includes assistance to victims of domestic and child abuse and, where resources are available, to owners experiencing squatters.
After compensation has been paid to the victim, the FGTI turns, as happens, for example, in the case of an accident caused by a driver without insurance, to the culprit who was found guilty of committing an offense, and demands compensation for the damages paid. But he still must be solvent.
Source: Le Parisien
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