To get behind the wheel of your dream car, you need more than just a driver's license. Even having the necessary amount of money will not be enough. It is also important to obtain a OSAGO policy. It is more commonly known as auto insurance in Ivano-Frankivsk, and you will also be required to obtain it. Why? Because according to the law, every driver who drives on the roads of Ukraine must have it.
Why do you need auto insurance?
If a traffic accident has occurred and you are responsible for it, your insurance company will compensate all damages to the victims, i.e., third parties. The following may be compensated:
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vehicle repair;
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compensation for damage to health or medical treatment;
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other damages caused by the accident.
But if you don't have a policy, then all these compensations fall on the shoulders of the person responsible for the accident. And the amounts of payments can be quite large. But that's not all. You will also have to pay fines for not having car insurance. The obligation to have such a policy is regulated by law. Without it, driving on Ukrainian roads will be a direct violation of the law, and in the event of an accident, this will have quite serious consequences for the road user.
Why do car insurance prices vary?
When we receive a request for car insurance in Ivano-Frankivsk, prices will vary significantly. This is because they are based on many factors. In addition, each insurance company has its own risk assessment, which is why prices vary. And, of course, for the most attractive prices, you should go to KIRINS.
Among the factors that determine the price, several can be highlighted.
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Vehicle characteristics and type. The make, model, and engine type have an impact.
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Use. Will the car be used for private or commercial purposes?
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Region. In large cities, there is a higher concentration of traffic and, accordingly, a higher risk of accidents. That is why insurance will cost more here.
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The age and experience of the driver. The younger the driver and the less experience they have, the greater the risk of an accident.
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Insurance risk history. If the driver has been in an accident at least once and the insurance company has paid compensation, this will affect future insurance.
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Benefits. Some categories of drivers, such as people with disabilities or war veterans, are eligible for discounts of up to 50%.
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Policy duration. Insurance can be taken out for different periods, which will also affect the cost.
And if you want to take out insurance with us, we will find the most advantageous solution.
How is the price of motor insurance calculated?
If you have chosen car insurance in Ivano-Frankivsk, it is worth understanding how the insurance company calculates the cost. Several factors are taken into account in this process.
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Base rate. This is the minimum insurance payment set by law.
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Risk coefficient. This is what adjusts the base rate.
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Additional services. Sometimes drivers use additional services, which also increase the cost slightly.
However, even the most expensive car insurance will not hit your wallet as hard as not having it. Therefore, there is no point in procrastinating and thinking about how to get around the system.