Insurance for cars with foreign license plates

Every car owner must have insurance, Ukrainian citizens can apply for it without any problems. The question arises, is it possible to apply for insurance for a car with foreign license plates in Ukraine? Anyone can apply for car insurance, including foreigners.

The most convenient option for car insurance is electronic. Insurance is applied for in a couple of minutes without leaving home.

Why do you need insurance?

Auto insurance is a mandatory type of insurance in Ukraine for all car owners. Citizens of other countries purchase this type of insurance in Ukraine, only for the period of stay in it. Foreigners are insured under a special system. They have the same protection with the MTPL policy as Ukrainians.

The policy protects not your car, but other road users who may suffer due to your fault in a road accident. Insured events are events that caused harm to other drivers on the road. In such an event, civil liability arises, for which the insurance company makes a payment.

What does a motor vehicle insurance cover?

Insurance is a document that guarantees payment for the damage caused to the victims at the expense of the insurance company. The insurance company covers all material losses in the event of an accident. The insurance does not cover the repair of the car of the person at fault for the accident.

Let's imagine a situation: a tourist arrived from another country. He decided to save money on car insurance and went on the road without it. The street was flooded with rain, as a result of which the car skidded, and he headed for someone else's car. The tourist was found guilty - without car insurance, he paid a lump sum.

Insurance covers the following expenses:

• repair of the victim's vehicle;
• payment of treatment and payments for the death of the driver of the family;
• payment of damage for other property damaged in the accident.

Price of car insurance

Car insurance in terms of cost is no different for foreigners from the cost for citizens of Ukraine. All tariffs are formed according to a certain coefficient, which depends on many factors. The validity of the policy for foreign citizens lasts the same  - from 15 days to a year.

The price depends on the following factors:

• Engine capacity;
• Type of car;
• Purpose of use (more expensive for taxis);
• Number of drivers;
• Place of registration.

The owner of a foreign car can apply for a policy online in a couple of clicks. After entering all the necessary data, the OSCPV calculator will calculate the price for the service.