Liability insurance for ground vehicle use: protecting carriers

PJSC "Company "PRESTIGE" offers a comprehensive solution for liability insurance arising from the use of ground vehicles, specifically carrier liability. We provide reliable protection for companies engaged in passenger transportation by road or urban electric transport.

Our insurance contract helps safeguard your financial interests from unforeseen events that could cause harm to the life, health, or property of passengers.

Object and risk of insurance

• The object of insurance is the carrier's liability for harm caused to:
  • Life and health of passengers during transportation by road vehicles.
  • Passenger luggage during transportation by road vehicles.
  • Life and health of passengers during transportation by urban electric transport.
  • Passenger luggage during transportation by urban electric transport.
• The insured risk is the potential infliction of harm to injured third parties (passengers), specifically damage to their life, health, or property (luggage) during transportation by the Policyholder using road or urban electric transport.

Insured event

An insured event is considered the occurrence of the Policyholder's liability for causing harm to an injured third party and/or their property (luggage) during transportation by road or urban electric transport. This also includes harm caused during boarding or disembarking from the vehicle, highlighting the comprehensive nature of the coverage.

Insurance limitations

It's important to note certain limitations under which an insurance contract cannot be concluded:

• Technically faulty vehicles: Insurance does not apply to vehicles with technical malfunctions.
• Lack of state registration: Vehicles that have not undergone state registration cannot be insured.
• Absence of body identification numbers: Vehicles without individual body identification numbers are also not insurable.

Territory and term of contract

• Territory of Contract Validity: The insurance contract's validity can extend to the territory of Ukraine and/or Europe, allowing you to choose the necessary geographic scope.
• Term of Insurance Contract: The contract is valid for 12 calendar months, providing a one-year coverage period. 

Insurance sum and deductible

• Insurance Sum:
  • The minimum insurance sum per injured person for harm to life and health is established in accordance with legislation on mandatory civil liability insurance for owners of ground vehicles.
  • The maximum insurance sum for harm to a passenger's life and health, as well as for damage to property (luggage), is established by agreement of the Parties, allowing for coverage customization to your needs.
• Deductible (Franchise):
  • For harm to a passenger's life and/or health, no deductible is applied, guaranteeing full compensation in such cases.
  • The minimum deductible for damage to property (luggage) is 0%.
  • The maximum deductible for damage to property (luggage) is 20%. The choice of deductible amount affects the cost of the insurance policy. 

Insurance premium amounts

The insurance premium amount is individually agreed upon by the Parties, considering all data and information provided by the Policyholder in the insurance application. This information is meticulously recorded in the insurance contract.

The insurance premium, by agreement of the Parties, can be paid as a single payment or in installments, up to a maximum of 4 payments, providing flexibility in financial planning.

Contact Us!

Don't let unforeseen events threaten your business. Contact our specialists for a consultation and to arrange an insurance contract with the best terms, tailored to your company's needs. We're ready to offer you a personalized solution for reliable protection!