CASCO insurance: what you need to know
CASCO is a voluntary type of vehicle insurance against damage or theft. CASCO insurance objects can be cars, as well as water, air and railway vehicles (ships, airplanes, railway cars).
CASCO car insurance is aimed at compensation for damage from car damage and does not include life or health insurance for the driver and passengers who are in the baggage car and civil liability of the car owner.
Insurance risks covered by CASCO insurance can be divided into three groups:
- damage as a result of an accident (from slight damage in the parking lot until the car is completely unsuitable for recovery);
- illegal actions of third parties (car theft, theft of component parts, wheels or other parts), vandalism (scratching, breaking lights or windows, etc.);
- natural disasters (earthquakes, floods) and other force majeure circumstances (explosion, fire, spontaneous combustion, falling trees or branches of trees, ice or snow from the roofs of buildings that fell out of the windows of objects). The probability of such events is small, but the damage from them is very serious.
CASCO insurance can be full or partial, in which losses are reimbursed only for certain types of risks at the discretion of the client.
How to act properly in the event of an accident, so that the insurance company had no reason to refuse to pay you compensation?
First of all, call the relevant authorities from the scene: the police, the fire department and the ambulance (if necessary), as well as the hotline of your insurance company. Take possible measures to save the car, record information about other participants of the accident, including the data of policies of OSAGO, take a photo from the place of the event, provide all the information and necessary documents to the insurance company within the period specified in the contract.
What is the price of CASCO?
The price of CASCO depends on the car make and model, its cost, the year of issue, the contract term and the list of risks from which you want to insure.
When calculating the price of CASCO, the insurance company also takes into account the conditions of the car's operation, the conditions of its storage (garage, guarded parking, etc.), the driving experience of persons who have the right to drive, the level of reliability of the security system (presence of anti-theft alarm, central lock, etc. .), statistics on the theft of cars of this brand, as well as the insurance history of the car.
The price of CASCO is also affected by the deductible - a certain percentage of the insurance value of the car, within which no compensation for damage to the client is made. Insurance companies, as a rule, set a franchise at a rate of 1-3%. Insurance policy without a franchise is more expensive.
Insurance companies, in an effort to attract customers, in addition to the CASCO policy offer flexible programs of discounts, bonuses and additional free options. It can be compensation of expenses for "rescue" and evacuation of cars, technical assistance on the way (wheel replacement, fuel delivery, etc.), taxi or car for substitution for the period of car repair, individual discounts for seniority, age, break-even driving, etc. .
On our website you can get acquainted with the products of CASCO from various insurance companies of Ukraine and choose the most suitable insurance program for you.
To perform CASCO calculation, you can use the CASCO calculator on the website of the insurance company that interested you or calculate CASCO online by filling out the form on our website.
How to buy CASCO?
To buy CASCO, you can contact the office of the insurance company or use our online service, which will help you:
- to receive full and verified information on CASCO insurance (Ukraine);
- Calculate CASCO on the car using the CASCO 2017 online calculator;
- compare the insurance conditions and the cost of the CASCO policy from the leading insurance companies in Ukraine;
- Choose a policy and issue a CASCO online by filling in the required fields.
3 months ago