Total Loss

Protect your private car with total loss insurance, covering the full value of your vehicle in case of theft or irreparable damage.

* Coverage for commercial vehicles is subject to Underwriting, not granted automatically for any vehicle.

Coverage and benefits for cars manufactured between 2006 and 2026

• For private cars:
  • Third party liability cover for material damage: up to $500,000
  • Personal accident cover for the driver & passengers (family members):
    • $10,000 per claim in case of death or PTD
    • $2,500 per person for medical expenses
  • Towing is granted:
    • Unlimited Km per ride,
    • 3 rides per year due to mechanical and electrical failure
    • Unlimited rides per year due to accident
    • Crane-lift is covered once per year only
    • Cover granted after 5 days from policy issuance due to mechanical and electrical failure, subject to new policies only
  • Litigation Expenses:
    • Covered up to $2,000 per year

• For commercial vehicles: (Subject to Underwriting, not granted for any vehicle)
  • Third party liability cover for material damage: up to $100,000
  • Personal accidents cover for the driver only:
    • $5,000 per claim in case of death or PTD
    • $1,000 per person for medical expenses
  • Towing is granted:
    • 150 Km maximum per ride,
    • 2 rides per year due to mechanical and electrical failure
    • Unlimited rides per year due to accident
    • Cover granted after 5 days from policy issuance due to mechanical and electrical failure, subject to new policies only

• For Private and Commercial Vehicles:
  • Compulsory insurance is not included in the price
  • Total loss coverage includes: fire, total theft, holdup, and own damage (if accident is covered)
  • Indemnity for total loss shall apply only if the cost of repairs reaches or exceeds 65% of the depreciated market real car value at the time of the accident
  • A deductible of 10% of the market real car value will be applied in case of total theft or total loss