Motor Vehicle Insurance
Comprehensive Coverage for Your Vehicles
Protect Your Vehicles with Our Motor Vehicle Insurance
Frequently asked question
Is motor vehicle insurance required by law?
Third-party motor vehicle insurance is mandatory by law in Cyprus.
What is covered under third party motor vehicle insurance?
Third party motor vehicle insurance covers damages or injuries to a third party (other than the policyholder) in the event of an accident involving the policyholder’s vehicle. This includes damages to property, injuries to other drivers, passengers, and pedestrians, and even death. However, it does not cover damages to the policyholder’s vehicle or personal injury to the policyholder.
What is covered under a full comprehensive policy?
A full comprehensive policy covers a wide range of incidents involving the policyholder’s vehicle. This includes accidental damages, theft, fire, and more. In addition, it covers damages or injuries to third parties and personal injury to the policyholder. It is a more comprehensive coverage option compared to third-party insurance.
What factors influence the cost of motor vehicle insurance?
The cost of motor vehicle insurance can be influenced by several factors such as the type of vehicle, age and driving experience of the driver, location, and driving history.
How do I file a claim for motor vehicle insurance?
In case of an accident, it’s crucial to stay at the scene and contact your insurance company. Wait for their arrival before taking further steps.