Vehicle Insurances
Vehicle Insurances
Is Comprehensive Insurance obligatory insurance?
Comprehensive Insurance is not obligatory. However, it could protect your vehicle against a wide variety of potential risks, such as collisions, fires, and theft.
I have Traffic Insurance. Do I need to get Comprehensive Motor Insurance?
Traffic Insurance and Comprehensive Motor Insurance are different things. Traffic insurance is a type of obligatory insurance that covers the compensation of third parties in the event that you may cause them financial loss or death. Comprehensive Motor Insurance is important because it protects you and your vehicle in the event that you lose your vehicle due to great risks, like collisions, fires, and theft. In such cases, your insurance company covers the costs of your loss for you.
Under what circumstances does Traffic Insurance not provide coverage?
Obligatory Traffic Insurance does not cover damages due to racing, test driving, safety testing, speed testing or similar situations, as well as transporting passengers as a rental or paid service, incurring damages after serving as a trailer for a broken-down vehicle, or operating a vehicle under the influence of excessive alcohol or drugs as stated by law.
When should I report damages to my vehicle due to a collision?
A claim form must be filled and submitted within 24 hours of the incident.
From what risks does Comprehensive Motor Insurance protect my vehicle?
Comprehensive Motor Insurance protects your vehicle from many risks including theft, fires, collisions, explosions, lightning, and sabotage.
What are the advantages of Comprehensive Motor Insurance?
The advantages of Comprehensive Motor Insurance are: • Mini repair services,
• Validity in the south of Cyprus,
• Replacement Vehicle,
• Towing services,
• No Claim Discount.
What is covered by Elite Comprehensive Motor Insurance?
Elite Comprehensive Motor Insurance protects your vehicle from incurred damages due to collisions, fires, lightning, explosions, theft, sabotage, earthquakes, flood and flooding, hail, storms, strikes, lockouts, commotion, civil uprising, and terror.
What does Partial Comprehensive Motor Insurance cover?
Partial Comprehensive Motor Insurance protects your vehicle in collisions. Additionally, it gives the option of providing Personal Accident Insurance for the driver and passenger(s).
What does Total-Loss Comprehensive Motor Insurance cover?
Total-LossComprehensive Motor Insurance covers your vehicle should it get ‘totaled’ as a result of burning, theft, or a collision.
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