WHY DOES A POLICY  OBLIGATORY INSURANCE OF CIVIL RESPONSIBILITY OF OWNERS OF VEHICLES NEED?

The policy of  obligatory insurance of civil responsibility of owners of vehicles protects you from unexpected expenses in case of an accident:

• If you become the culprit of an accident, your insurance company will indemnify you for damage to property and health of the victims. You will have to repair your car yourself (if you have not purchased an auto casco policy in advance).
• If you crashed your car, the insurance company will pay for the repair of the accident.
• If both drivers are guilty of an accident, the insurance companies will pay both of them - usually they pay half of the damage. In controversial cases, the degree of responsibility of each party to an accident and the ratio of payments determines the court.

The maximum amount of payment for repairs on the obligatory insurance of civil responsibility of owners of vehicles is 600 MCI. If the restoration of the car is more expensive, the victim has the right to demand from the person responsible for the accident to pay the difference between the actual damage and insurance compensation.

The insurance contract is concluded in writing based on the application of the Insured.

The list of documents for the conclusion of the contract for legal entities:​​​​​​​

• copy of the certificate of state registration / re-registration of a legal entity;
• copy of vehicle registration certificate;
• a document certifying the address of the legal entity, phone number, bank details;
• a copy of the charter or a document confirming the fact of the Insured’s activities;
• a copy of the identity of the person authorized to sign the documents;
• a copy of the constituent document, or another document of a similar nature, as well as an identity document of the founders of the legal entity (with the exception of JSC documents);
• copy of the state license (in case the client’s activity is licensed)