“From January 1, 2025, auto insurance reform, which is oriented towards European standards, will start in Ukraine. It aims to improve the financial protection of drivers and improve the quality of service, the leading online insurance service hotline.finance reports. What will be the compensation payments under the policy? From the new year, the limits of payments for OSCPV will be significantly increased: Compensation for property damage will increase from UAH 160,000 to UAH 250,000. Payments for damage to life and health will increase from UAH 320,000 to UAH 500,000. If earlier there was a possibility of a lack of insurance compensation and partial independent coverage of damages by the culprit in a road accident, now these risks are minimized. The main changes in the auto-civil insurance. Absence of the franchise on all auto-civil insurance policies. The franchise is no longer provided. All losses will be covered by the insurance company without the participation of the insured. This will avoid additional costs for car owners. Direct settlement of losses. Victims of road accidents can directly contact their insurance company, and not the insurer of the culprit, which simplifies the process of receiving compensation. Payment without taking into account the wear and tear of the car. Insurance payments will be made in full without taking into account the wear and tear of vehicle parts. This is especially important for owners of older cars, because previously the compensation could be significantly less than the actual repair costs. Organization of repairs by an insurance company. Instead of cash payments, the insurance company can provide car repairs at authorized service stations. In 2025, it is planned to introduce an automated system for checking the presence of OSCPV through speed cameras. The lack of a policy will be recorded automatically, and each case of violation will result in a fine. What can motorists expect? Modernization of the auto-civilian market will increase not only the level of service, but also the cost of OSCPV. Probably, the price of insurance will increase in some places by 100%. Example of prices in 2024 and 2025: In the opinion of hotline.finance, raising tariffs is a forced and logical step. It allows insurers to provide quality services and guarantee adequate compensation. How to save on car insurance? Registration of the autocivilka under the old conditions is open until December 31, 2024. Drivers can buy a policy at current prices and use the insurance for the next year. To avoid excessive financial burden, motorists can use online platforms to find the best deal by comparing different options. On hotline.finance, the promotional code ZAKON2025 is valid, which gives a 10% discount on a car policy from any insurance company in the catalog. Promo code is valid until December 31, 2024 inclusive.”, — write: epravda.com.ua
From January 1, 2025, auto insurance reform, which is oriented towards European standards, will start in Ukraine. It aims to improve the financial protection of drivers and improve the quality of service, the leading online insurance service hotline.finance reports. What will be the compensation payments under the policy? From the new year, the limits of payments for OSCPV will be significantly increased: Compensation for property damage will increase from UAH 160,000 to UAH 250,000. Payments for damage to life and health will increase from UAH 320,000 to UAH 500,000. If earlier there was a possibility of a lack of insurance compensation and partial independent coverage of damages by the culprit in a road accident, now these risks are minimized. The main changes in the auto-civil insurance. Absence of the franchise on all auto-civil insurance policies. The franchise is no longer provided. All losses will be covered by the insurance company without the participation of the insured. This will avoid additional costs for car owners. Direct settlement of losses. Victims of road accidents can directly contact their insurance company, and not the insurer of the culprit, which simplifies the process of receiving compensation. Payment without taking into account the wear and tear of the car. Insurance payments will be made in full without taking into account the wear and tear of vehicle parts. This is especially important for owners of older cars, because previously the compensation could be significantly less than the actual repair costs. Organization of repairs by an insurance company. Instead of cash payments, the insurance company can provide car repairs at authorized service stations. In 2025, it is planned to introduce an automated system for checking the presence of OSCPV through speed cameras. The lack of a policy will be recorded automatically, and each case of violation will result in a fine. What can motorists expect? Modernization of the auto-civilian market will increase not only the level of service, but also the cost of OSCPV. Probably, the price of insurance will increase in some places by 100%. Example of prices in 2024 and 2025: In the opinion of hotline.finance, raising tariffs is a forced and logical step. It allows insurers to provide quality services and guarantee adequate compensation. How to save on car insurance? Registration of the autocivilka under the old conditions is open until December 31, 2024. Drivers can buy a policy at current prices and use the insurance for the next year. To avoid excessive financial burden, motorists can use online platforms to find the best deal by comparing different options. On hotline.finance, the promotional code ZAKON2025 is valid, which gives a 10% discount on a car policy from any insurance company in the catalog. Promo code is valid until December 31, 2024 inclusive.