Auto-civil for special equipment

Mandatory insurance for construction equipment

For any land transport that is registered with the traffic police and allowed to travel on the road, it is necessary to take out a civil insurance policy. This type of auto insurance is mandatory for any vehicle.

Many people are interested in whether it is necessary to take out a civil insurance policy for construction equipment. The answer is yes, because in addition to performing specific functions at construction sites, the vehicle is a participant in road traffic. While driving, construction equipment gets into accidents no less often than ordinary vehicles.

Advantages of registration

First of all, a civil insurance policy is a necessity; without this policy, driving special equipment is prohibited. For the absence of a policy, a fine of 400 to 800 hryvnias is provided.

However, the OSCPV is also very profitable, since in the event of a road accident, the insurer will compensate the third party for the damage, instead of the insured. It is also worth considering that construction equipment is large. Thus, even with a mild impact, serious damage can be caused, and repairs in this case will be expensive.

Features of issuing a policy for special equipment

The terms of civil liability insurance for special equipment are the same as for other means of transportation. The difference is that when calculating the price, the driver's experience is not taken into account, since experienced drivers with experience have the right to drive special equipment.

According to the motor vehicle civil policy, compensation is paid to a third party for damage caused by the insured. Payment can be made for damage to health or the car. In the event of death, financial compensation is paid to relatives.

Cost of liability insurance

Prices for a civil liability insurance policy for special equipment consist of two parts - a mandatory annual payment and coefficients. The coefficients are calculated depending on the main technical characteristics of the vehicle, place of registration and other factors. The rates are set by the Motor Transport Insurance Bureau of Ukraine, so the cost of the policy will not differ much from different insurance companies. However, you can view the rating of insurance companies on the website to buy a civil liability insurance policy inexpensively.

Parasol.ua has a special equipment liability insurance calculator function that will help you calculate the cost of a civil liability insurance policy for construction equipment individually for you. Moreover, you can order a civil liability insurance policy for construction equipment online, you don't need to go to the office at all. The registration process takes only a few minutes.