Car insurance benefits

Every car owner in Ukraine must obtain compulsory OSAGO insurance. This is mandatory insurance, or in simple terms, car insurance. The cost will vary depending on each specific case. In most cases, the cost is calculated based on the type of car, deductible, place of registration, and engine size. However, the Law “Compulsory OSAGO Insurance” states that there are benefits when purchasing motor third party liability insurance. So, let's find out who is eligible and what the discount might be. 

What does preferential car insurance mean?

Article 30 of the Law of Ukraine “Compulsory OSAGO Insurance” stipulates that the discount on car insurance can be as high as 50%. Those who belong to the following categories are eligible for these discounts:

• combatants;

• pensioners;

• victims of the Chernobyl nuclear disaster;

• people with disabilities of group 2.

These categories are eligible for discounts on car insurance. 

Discount on car insurance for pensioners

If you belong to this category of the population, you are eligible for a 50% discount. This is stipulated by current legislation. The main purpose of the benefit is to support socially vulnerable groups of the population. In addition, this helps to foster a responsible attitude towards the concept of insurance.

To qualify for car insurance benefits, you must meet a number of requirements, namely:

• the car must be registered in the pensioner's name;

• the engine must not exceed 2500 cm3;

• the car must not be used as commercial transport for cargo or passengers;

• the pensioner must drive the car themselves.

• It is important to understand that if at least one of these criteria is not met, the benefits for motor vehicle insurance are lost. 

How to get car insurance for retirees?

Our company can arrange a car insurance policy with benefits for pensioners in just a few steps. To do this, you only need to do the following:

• prepare and submit the relevant documents;

• fill out the application form;

• pay only 50% of the policy cost.

We suggest doing this online on our website. So there is no need to leave your home. Once the policy has been issued, you will receive it in electronic format via email. 

Discount on motor vehicle insurance for persons with disabilities

Preferential auto insurance, according to the law, is also available to people with a Group 2 disability. They pay only half of its cost. Moreover, preferential auto insurance for people with disabilities works in such a way that the insurance company will compensate for the damage in the amount specified in the contract. The main thing is to make insurance payments on time. 

It is also important to understand that car insurance discounts are not available in all cases. There is an important nuance: the car must be driven by a person with a disability. 

Now let's talk about the cost. Even with discounts, the final price depends on many factors.

1. Engine. The larger the engine, the more expensive the insurance will be.

2. Experience and age. If it is a young driver who has not yet gained experience, they will pay more.

3. Registration. The price of insurance may vary depending on the region.

By the way, a convenient and simple calculator on our website will help you easily determine the exact cost. 

What documents are required to obtain vehicle insurance?

To obtain a motor vehicle insurance policy with benefits, the following documents are required:

• disability certificate or MSEC certificate;

• war veteran certificate;

• certificate providing information about the category assigned as a result of the Chernobyl nuclear power plant accident;

• passport and identification code;

• driver's license.

And, of course, you will need the vehicle registration certificate. 

What are the restrictions on insurance with benefits?

To ensure you receive your benefits and avoid problems in the event of an accident, it is important to be aware of certain restrictions. These include:

• beneficiaries can only insure one car at a discount;

• the car must be owned by the beneficiary;

• the engine capacity must not exceed 2500 cm³;

• the power of the electric motor must not exceed 100 kW;

• the car must be used only in private way;

• the beneficiary must drive the car themselves;

• only original documents may be used to issue the policy.

And, of course, the beneficiary, like any other driver, must comply with traffic rules and, in the event of an accident, act in accordance with generally accepted regulations.