Motor Insurance

The motor fleet of the insured can be covered under four basic types of policy:

1. CASCO Insurance for accidental damage and theft, under one policy for the entire motor fleet.

2. Mandatory motor liability insurance (RCA) for each calendar year covers the legal liability of the insured for the accidents in which the motor vehicles are involved. The maximum limit of liability covered under this policy varies from year to year and it is set by governmental decision.

3. For losses that might exceed the maximum limit of liability covered by the mandatory insurance it is recommendable to bind Excess Motor Liability insurance. The excess limits are at client's appreciation.

4. Green Card Insurance - motor liability abroad. It is a mandatory insurance with effect outside the borders of the country where the vehicle is registered.

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