Motor insurance consists of two main policies. Compulsory motor third party liability insurance is a legal requirement for every motor vehicle on the road and covers property damage and bodily injury your vehicle causes to third parties within statutory limits. Comprehensive motor insurance (kasko) is optional and protects your own vehicle against risks such as accident, theft, fire, natural perils and malicious damage.
Comprehensive motor policies differ considerably between insurers in terms of scope, deductibles, approved repairer network, courtesy car and choice of spare parts. For claims exceeding the compulsory third party limits, excess liability cover should also be considered. Alongside private vehicles, solutions can be structured for company fleets according to the number of vehicles and how they are used.
Who is it for?
- Private vehicle owners
- Company car and fleet owners
- Drivers financing a vehicle through a loan or lease
- Businesses operating commercial vehicles
Scope of cover
- Compulsory third party liability: Property damage and bodily injury caused to third parties
- Comprehensive: Damage from collision, impact, overturning and falling
- Theft, fire and malicious damage
- Natural peril covers such as flood and earthquake
- Excess liability and personal accident options
- Glass breakage, courtesy car and roadside assistance
- Legal expenses cover options
Scope of cover, limits and deductibles are determined by the insurer’s general and special conditions; the final scope is set out in the policy.
The Proxima Brokers approach
We listen to how your vehicle is used, the driver profile and your priorities, then obtain and compare motor third party and comprehensive quotes from different insurers. We explain differences in deductibles, repairer networks and extensions in plain language, and provide central management for fleets. We track your renewals and guide you from claim notification through repair and settlement.