Financial insurance
Voluntary civil liability insurance of owners of motor vehicles
The voluntary civil liability insurance of owners of motor vehicles involves indemnity to third parties (Beneficiaries) for damage to life, health or property of third parties (beneficiaries) as a result of the operation by Insured of the motor vehicle as a source of increased danger.
Insurance risks:
- Injured (third party) disablement or death resulted from vehicle operation by Insured;
- destruction of, or damage to, property belonging to injured (third party) resulting from vehicle operation by Insured
Insured sum
The insured sum is agreed in the contract of insurance by the Parties.
Insurance premium
The insurance premium is determined based on the size of insured sum and the tariff rate.
Voluntary civil liability insurance of owners of motor vehicles
| Name of risk group (type) | Minimum rate, % | Base rate, % | Maximum rate, % |
| Risk full package | 0,045 | 0,302 | 7,57 |
| Injured (third party) disablement or death resulting from vehicle operation by Insured | 0,022 | 0,151 | 3,78 |
| destruction of, or damage to, property belonging to injured (third party) resulting from vehicle operation by Insured | 0,022 | 0,151 | 3,78 |
Deductible
Insurance contract specifies a deductible, which type and amount are determined by the agreement between the Parties, and set either a percentage of the insured sum, or in absolute terms. If more than one insured event occurs, deductible is deducted from each of them.