What is traffic insurance and what does it do?
Compulsory traffic insurance insures the vehicle against adverse situations such as accidents, material damages and damages to third parties. Here are the main advantages of compulsory traffic insurance: Fast Quote and Comparison Opportunity Comprehensive Customer Support.
What is traffic insurance and what does it cover?
Traffic insurance also covers the material and bodily damage expenses of the other party as a result of an accident, within certain limits that are updated every year. Traffic insurance coverage limits indicate the maximum amount that the damage will be covered at once, per incident or in total per year.
What does traffic insurance not pay?
Since traffic insurance insures the damages to the other party’s vehicle or persons, it does not make payments due to damages to the insured’s own vehicle.