Who can be an insurer?

Insurers can be legally competent individuals, business entities or legal entities who:

• own a transport facility on the grounds of the property right;

• acquired a transport facility on credit or on leasing;

• were leased out a transport facility;

• manage a transport facility on legal grounds.

What can be insured?

• motor (passenger) cars not older than 10 years;
• freight motor transport not older than 15 years;
• buses not older than 15 years;
• motorcycles;
• special machinery;
• auxiliary equipment installed on transport facilities.

Risks
A vehicle and auxiliary equipment can be insured against damage or loss as a result of:

• road traffic accident;
• misappropriation;
• unlawful acts of third persons;
• fire, explosion or spontaneous combustion;
• natural disaster;
• external impact of foreign objects.

Insurance systems

lump-sum insurance system – the amount of insurance is determined for all passengers and the driver of the transport facility with the limit of indemnity established for each injured person;

insurance based on the seat system - the amount of insurance is determined separately for each seat of a passenger and/or the driver.

What should be done in case of occurrence of loss that may be admitted as such?

Promptly inform the insurance company on the occurrence of loss and follow the guidelines received from it.