Motor insurance

	Road transport insurance

Order

EUROPEAN INSURANCE ALLIANCE underwrites road transport (except for railway) both of individuals and enterprises.

Insurance object: the insurable interests of the insured person as regards ownership and use of a vehicle.

The vehicle may be insured against its damage, destruction, or loss as a result of:

• MVA (motor vehicle accident);
• Physical agent (storm, earthquake, hail, and other natural disasters);
• Highjacking;
• TPUA (third party unlawful acts).

Insurance agreement may be concluded both for the total marketing cost of the vehicle and for the part of it.

Main factors influencing on the insurance premium:

• type of vehicle;
• driving experience;
• storing place for the vehicle at night (from 24.00 till 6.00);
• amount of franchise.

Insurance tariff: 2,0% - 8,5% of the sum of insurance of the vehicle (sum insured).

Insurance term: up to 1 year.

Benefit shall be paid to the extent of the sum insured on the basis of the extent of damages and conditions of the insurance agreement.

The discounts are applied in case of the fleet insurance: from 3% to 20%, discounts for the insurance term as high as 5% for each following year if benefits are not paid.