An affordable option of CASCO insurance, which excludes risks of theft and natural disasters. Coverage extends to vehicles recognized as damaged in a road accident within the framework of CMTPL (compulsory third party liability insurance), if the damage exceeds the maximum insurance indemnity provided by the CMTPL contract.

Which vehicles can be insured?

The vehicle accepted for insurance must meet all of the following requirements:

• Have a valid CMTPL contract with our company
• Market value of the vehicle ranging from 3,000,000 to 20,000,000 drams
• The age of the vehicle should not exceed 15 years

Who is eligible to sign the contract?

Any individual who legally owns a vehicle.

What is the term of the contract?

365 days.

What event is recognised as an insured?

A road traffic accident, as a result of which the owner of the insured vehicle is recognized as the injured party under the CMTPL (compulsory third party liability insurance) contract and receives insurance indemnity for damage caused to the vehicle or health.

How much is maximum insurance indemnity?

• For bodily injury: 6,000,000 drams.
• Maximum total insurance payout to all injured parties: 36,000,000 drams.
• For damage caused to the vehicle: up to 3,000,000 drams per each insured vehicle.

How much does the contract cost?

The insurance premium depends on the market value of the insured vehicle:

• 8,000 drams for vehicles with a market value between 3,000,000 and 5,999,999 AMD.
• 11,000 drams for vehicles with a market value between 6,000,000 and 10,999,999 AMD.
• 13,000 drams for vehicles with a market value between 11,000,000 and 20,999,999 AMD.
• 16,000 drams for vehicles with a market value between 21,000,000 and 40,000,000 AMD.