Tuesday, January 13, 2009

Motor Insurance

Motor insurance is in good demand of corporate and individual customers. Car risk insurance is required by all car holders. You can purchase a set of offered insurance services at cut rates.
Car insurance Subject of insurance is a car ansupplementary equipment. GPI Holding’s car insurance includes several insurance schemes (automechanic, automatic, autotronic). Each insurance scheme, within the sum insured, with various insurance limits, provides for the reimbursement of losses caused by damages to or destruction of a car or its parts due to the following risks:
Accident (collision, overturn, collapse);
Fire, spontaneous combustion;
Natural disaster;
Car theft, damages during a car theft, theft of different parts, glass damages and other damages caused by the third party’s unlawful acts (burglary, robbery).
GPI Holding will reimburse:
Any necessary and reasonable costs incurred by an insured for keeping his/her insured car, for preventing and/or reducing damages, for identifying a size of damages;
A car transportation cost to the nearest repair shop where the car is not in running order due to the insured accident;
Car repair costs including reimbursement of costs incurred for certain equipment, special parts and labor;

Total sum insured in case a car’s damage exceeds 70% due to the abovementioned risks.
An insured shall immediately notify the insurance company on the insured accident and allow GPI Holding’s experts to examine his/her damaged car and to make relevant estimates.
The main factors of insurance premium calculation are as follows:
1. Car type and model;
2. Engine power;
3. Actual car value;
4. Term of insurance period.

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