Insurance
Motor Casco Insurance for road vehicles (excluding rail vehicles)

What is "CASCO for Road Vehicles" insurance?

• It is voluntary insurance intended for owners and users of road vehicles with Bulgarian registration numbers.

Total loss or partial damage to the insured road vehicle caused by:

• fire and natural disasters: damage from insured events, accidental falling objects, falling trees, branches;
• road traffic accident: damage from insured events as a result of a road traffic accident, including damage to the insured land vehicle while parked by another vehicle;
• malicious acts of third parties: damage to the motor vehicle caused by third parties through mechanical impact or pouring of chemically active substances (acids, bases, etc.)

Insurance coverage:

"FULL CASCO" CLAUSE:

✓ Theft and robbery of the entire motor vehicle:

✓ Theft by breaking into the engine of the same.

✓ Intentional arson or explosion.

✓ Transport costs for repatriation from the place of the event;

In the event of partial damage, the amount of compensation shall be determined on the basis of a list of damaged parts drawn up during the inspection and shall be provided in one of the following ways:

✓ by EXPERT ASSESSMENT, in accordance with the Insurer's current Methodology for determining insurance compensation.

• Repair at an Official/Authorized Service Center specified by the Insurer, with the cost of the repair being paid by the Insurer to the service center where the road vehicle was repaired, including:

✓ The right to repair at a service center. Road vehicles that are up to 4 years old on the date of commencement of the insurance are eligible for this right. Road vehicles up to 6 years old may also benefit from this right, under the conditions specified in the Tariff.

✓ right to repair at an Authorized Service Center for road vehicles up to 13 years old, provided that the agreed premium is equal to and/or greater than the required premium for the right to an authorized service center, which is specified in the current Tariff on the date of conclusion of the insurance.

Road vehicles up to 15 years old can also benefit from this right, under the conditions specified in the Tariff.

✓ upon presentation of original expense documents - for motor vehicles entitled to Official and/or Authorized Service, only after the Insurer's consent and upon presentation of a preliminary calculation of the repair cost. In this case, the road vehicle is repaired at a service center chosen by the Insured, and the repair costs are paid by the Insured, while the Insurer pays compensation up to the pre-agreed amount after presentation of expense documents.

Territorial coverage:

The risks of theft or robbery of the entire motor vehicle; fire and/or explosion, arson and explosion are covered in the territory of

• the member states of the European Union, as well as Norway, Iceland, Liechtenstein, the Swiss Confederation, the Republic of Andorra and the Republic of Turkey;
• All other covered risks:
• Except for those listed above, and within the territory of all other member states of the International Green Card Agreement.

Term of coverage:

• coverage begins on the date and time specified as the start date in your policy. Insurance coverage ends on the date and time specified as the end date in the policy;
• in case of non-payment or partial payment of an installment by the due date specified in the policy, the coverage under the policy shall terminate at 24:00 hours on the 15th day from the due date or on another date expressly specified in the policy.

When and how do I pay?

• The insurance premium is paid in a lump sum or in installments, in the manner and amount agreed in the insurance contract.
• You can pay at the offices of JSIC "OZK - Insurance" throughout the country, by bank transfer, or through your insurance broker.