Armeec Insurance Joint Stock Company AD
Armeec
Armeec is a motor casco insurance for the Bulgaria market with no online purchase and 24/7 assistance.
Direct payment
Compensation is paid exclusively by bank transfer to the designated bank account of the entitled person, always in euro. Outstanding premium instalments are deducted before payment. In case of in-kind repair, costs are paid directly to the repair service.
Geographic scope
Bulgaria and Green Card member states
Coverage is valid in Bulgaria and all Green Card member states. Theft of vehicle, additional multimedia equipment, factory-fitted multimedia equipment theft, intentional arson and intentional explosion are NOT covered when the event occurs in Russia, Ukraine, Belarus, Moldova, Azerbaijan, Albania, Bosnia and Herzegovina, Montenegro, Tunisia and Morocco (GTC §9). The armeec.bg IPID additionally lists Kosovo, Iran and Israel as excluded territories for these risks, which conflicts with the ten-country GTC list; the GTC list is authoritative per GTC §160 (policy/GTC terms prevail). Foreign-registered vehicles are covered only for Bulgaria and the EU (GTC §4.2).
Unique selling points
- Free 24/7 roadside assistance abroad with an annual aggregate limit of EUR 60,000 per insured and vehicle is automatically included for all passenger car Casco policies, covering towing, repatriation, replacement car, accommodation and passenger repatriation at no extra premium.
- All compensation and the insured sum are denominated and paid exclusively in euro, protecting policyholders from currency risk and ensuring stable real value of coverage throughout the policy term.
- Four selectable coverage clauses - Минимално, Частично, Кражба and Пълно каско - let customers tailor cover precisely to their needs and budget, from basic natural perils protection up to full comprehensive cover including vandalism, multimedia theft and intentional arson.
- The insured sum can be reinstated after a partial loss payment by paying a pro-rata additional premium, avoiding the proportional reduction rule on subsequent claims within the same policy year.
- A bonus-malus system rewards claim-free policyholders with premium reductions, and claims where the insurer exercises subrogation against the at-fault third party are excluded from the claims history used for bonus-malus calculations.
Coverage limits
Own Damage (Partial Loss from Road Traffic Accident)
100% of insured sum
Only in Частично каско, Пълно каско
Covers partial damage to the insured vehicle caused by road traffic accidents (PTP including damage while parked caused by another vehicle or animal, stone chip from another moving vehicle), accidental falling of objects or liquids from buildings or aircraft, and damage from plumbing or sprinkler system failures in enclosed garages. Available under clause Частично каско and all higher clauses. Maximum indemnity equals the insured sum. Compensation method depends on vehicle age and premium tier per GTC §109-111.
Section: Раздел IV. Покрити рискове > Клауза „Частично каско“
удар от камък или друг предмет по застрахованото МПС, отхвръкнал при движението на друго МПС;
Total Loss
100% of insured sum
Only in Минимално каско, Частично каско, Кражба на МПС, Пълно каско
A vehicle is declared a constructive total loss when technical restoration is impossible (GTC §3.9.1), or an economic total loss when repair costs exceed 70% of actual vehicle value at the date of the insured event (GTC §3.9.2). For total loss other than theft, compensation equals actual vehicle value minus salvage value, up to the insured sum (GTC §123). For theft total loss, compensation equals actual vehicle value up to the insured sum (GTC §124). Outstanding premium instalments and pre-existing documented damage are deducted.
Section: Раздел II. Определения > 3.9. Пълна загуба на МПС (тотална щета)
стойността на разходите за възстановяване надхвърля 70% от действителната стойност на МПС към датата на настъпване на застрахователното събитие (икономически тотал);
Partial Loss
100% of insured sum
Only in Минимално каско, Частично каско, Кражба на МПС, Пълно каско
Any damage that does not constitute a total loss is a partial loss (GTC §3.10). Covered under all clauses for the risks each clause includes. The insured sum reduces by the amount of each partial loss payment unless reinstated via a policy addendum with additional pro-rata premium (GTC §50, §116). If not reinstated, the proportional compensation rule (GTC §48) applies to subsequent events.
Section: Раздел II. Определения > 3.10. Частична щета
„Частична щета“ е всяко увреждане, различно от пълна загуба;
Theft and Robbery of Entire Vehicle
100% of insured sum
Only in Кражба на МПС, Пълно каско
Covers theft of entire vehicle, robbery of entire vehicle, and unlawful taking of entire vehicle with intent to use (GTC §7.3), under clause Кражба на МПС and Пълно каско. Conditional on the vehicle having a functioning alarm system if required by the insurer at policy inception (GTC §73-74). Notification within 24 hours; all locking devices and registration documents must be submitted within 24 hours (GTC §82.3-82.4). Not covered in Russia, Ukraine, Belarus, Moldova, Azerbaijan, Albania, Bosnia and Herzegovina, Montenegro, Tunisia and Morocco (GTC §9).
Section: Раздел IV. Покрити рискове > Клауза „Кражба на МПС“
Кражба на цяло МПС; Грабеж на цяло МПС; Противозаконно отнемане на цяло МПС с намерение за ползване.
Glass Damage
Conditional
Only in Минимално каско, Частично каско, Пълно каско
No standalone glass clause exists. Glass damage from a stone or object thrown by another moving vehicle is covered as part of road traffic accident (PTP) under clause Частично каско and above (GTC §7.2.1.2). Hail damage to glass, including water ingress through broken glass, is covered under natural perils in clause Минимално каско (GTC §154.3). Factory-fitted multimedia theft through break-in is covered under Пълно каско up to 5% of insured sum (GTC §119.2).
Section: Раздел IV. Покрити рискове > Клауза „Частично каско“ > 7.2.1.2
удар от камък или друг предмет по застрахованото МПС, отхвръкнал при движението на друго МПС;
Natural Perils
100% of insured sum
Only in Минимално каско, Частично каско, Кражба на МПС, Пълно каско
Included in the base clause Минимално каско and all higher clauses (GTC §7.1). Covered perils: storm/hurricane (wind above 15 m/s), hail, flood from natural disaster, landslide/ground collapse, volcanic activity, snow/ice weight damage, avalanche, and falling branches/trees from natural disasters. Fire and explosion resulting from these perils, lightning, technical malfunction or accidental event are also covered, excluding intentional arson or explosion.
Section: Раздел IV. Покрити рискове > Клауза „Минимално каско“
Природни бедствия: буря, ураган, градушка, наводнение от природно бедствие, свличане или срутване на земни пластове, вулканична дейност
Vandalism and Malicious Acts of Third Parties
100% of insured sum
Only in Пълно каско
Covered only under clause Пълно каско (GTC §7.4.2). Covers mechanical/chemical actions by third parties: hitting with hard objects, breaking, scratching, puncturing, overturning, or spraying with paint/chemically active substances. Tyre damage is explicitly excluded. Intentional arson and explosion are also covered under Пълно каско (GTC §7.4.3). Vandalism claims not documented by a police report are limited to 5% of insured sum (GTC §119.3).
Section: Раздел IV. Покрити рискове > Клауза „Пълно каско“ > 7.4.2
Злоумишлени действия на трети лица, изразяващи се в механично или химично въздействие върху застрахованото МПС
Roadside Assistance Abroad (Auto Assistance)
€60,000
Only in Минимално каско, Частично каско, Кражба на МПС, Пълно каско
Included free of charge for passenger vehicles up to 3.5 tonnes and up to 9 seats insured under any Casco clause. Annual aggregate limit of EUR 60,000 per insured and vehicle. Valid outside Bulgaria in Green Card member states for trips up to 90 consecutive days. Technical breakdown coverage limited to vehicles up to 12 years old. Provided by Inter Partner Assistance (Athens) via Koris Bulgaria, tel. +359 2 903 0 122, 24/7. Sublimits: roadside repair/towing EUR 250; lifting equipment EUR 300; repatriation EUR 1,500; abandonment abroad EUR 500; provisional repair advance EUR 1,500; accommodation EUR 50/night up to 3 nights; legal deposit EUR 8,000; attorney fees EUR 1,500.
Section: Специални условия за автомобилен асистанс за чужбина > II. Застрахователно покритие и лимити на отговорност
не повече от 60 000 евро на Застрахован и МПС, за периода на валидност на застрахователната полица.
Replacement Vehicle Abroad
€72
Only in Минимално каско, Частично каско, Кражба на МПС, Пълно каско
Under the Auto Assistance abroad Special Conditions II.2: if following a road traffic accident the vehicle is immobilised for at least 8 hours and repair cannot complete within 48 hours, a category B or C rental car is provided for max 72 hours. Fuel and tolls not covered. Requirements: valid credit card, minimum age 21, valid licence held over one year. If used, passenger repatriation under section II.7 a/b is unavailable. Only for PTP events, not technical breakdown or theft.
Section: Специални условия за автомобилен асистанс за чужбина > II.2. Заместващ автомобил
автомобил под наем, категория B или C, за период не по-дълъг от 72 часа.
Driver and Passenger Accident Insurance
Optional
Only in Злополука на местата в МПС
Optional add-on under the Special Conditions for Accident at Seats in MPS, appended to the Casco policy. Covers all seats in the registration certificate, including the driver's seat. Covered risks: death, permanent or temporary loss of working capacity, all resulting from a road traffic accident involving the insured vehicle only. Same insured sum applies to all seats. Not covered: events unrelated to PTP, unlicensed/intoxicated driver, vehicle without valid inspection, drag/street racing, deliberate acts.
Section: Специални условия на застраховка „Злополука на местата в МПС“ > II. Покрити рискове
смърт вследствие злополука; трайна загуба на работоспособност вследствие злополука; временна загуба на работоспособност вследствие злополука.
Key conditions
Driver age and experience limit
The Casco policy itself imposes no minimum driver age or experience requirement. The Auto Assistance abroad Special Conditions require the renter/driver of the replacement vehicle to be at least 21 years old and to have held a valid licence for the relevant category for over one year.
SourceClause II.2Page 30Section: Специални условия за автомобилен асистанс за чужбина > II.2. Заместващ автомобил
да са навършили 21 (двадесет и една) години
Repair network requirements
Compensation method for partial losses depends on vehicle age and premium tier (GTC §109-111). Vehicles up to 4 years, or 4-8 years with additional premium, may use an authorised service, trusted service, other service with written consent, or expert appraisal. Vehicles 4-12 years (minimum trusted-service premium) or 12-15 years (additional premium) use trusted service or other with consent. Vehicles outside these ranges: expert appraisal only. Repairs abroad require prior written approval, else indemnity may be reduced to Bulgarian repair cost equivalent.
SourceClause т.109Page 19Section: Раздел XVI. Застрахователно обезщетение > т.109
чрез възлагане от Застрахователя на обезщетяване на вредите в натура, като повредите се отстранят от официален сервиз
Territorial scope
Coverage is valid in Bulgaria and all Green Card member states. Theft of MPS, Additional Multimedia Equipment, factory-fitted multimedia theft, intentional arson and explosion are NOT covered when the event occurs in Russia, Ukraine, Belarus, Moldova, Azerbaijan, Albania, Bosnia and Herzegovina, Montenegro, Tunisia and Morocco (GTC §9). The armeec.bg IPID additionally lists Kosovo, Iran and Israel as excluded territories for these risks, conflicting with the ten-country GTC list; per GTC §160 the policy/GTC wording prevails over other documents. Foreign-registered vehicles are covered only for Bulgaria and the EU (GTC §4.2).
SourceClause т.9Page 3Section: Раздел V. Териториално покритие > т.9
настъпило на територията на Русия, Украйна, Беларус, Молдова, Азербайджан, Албания, Босна и Херцеговина, Черна гора, Тунис и Мароко.
Anti-theft requirements
For theft risks under clause Кражба на МПС (incl. as part of Пълно каско), Допълнително мултимедийно оборудване, and factory-fitted multimedia theft, the vehicle must have an operational alarm system with light/sound signal and/or immobiliser if required by the insurer at policy inception (GTC §73). The insurer may additionally require extra protection systems from specified suppliers (GTC §74). The policy does not enter into force for these risks until requirements are met.
SourceClause т.73Page 13Section: Раздел XIII. Специални изисквания за влизане в сила по клаузи „Кражба на МПС“, „Пълно каско“ и „Допълнително мултимедийно оборудване“ > т.73
наличието на функционираща сигнално-охранителна система със светлинна и/или звукова сигнализация и/или имобилайзер в застрахованото МПС
Claim notification deadline
The insured must notify the insurer in writing within 5 working days of learning of the event. For theft-clause events (incl. as part of Пълно каско), Допълнително мултимедийно оборудване, or factory-fitted multimedia theft, notification is required within 24 hours but no later than the first working day after learning of the event; all locking devices and registration documents must be submitted within the same 24-hour period (GTC §82.3-82.4).
SourceClause т.82.3Page 15Section: Раздел XV. Права и задължения на страните при настъпване на застрахователно събитие > т.82.3
да уведоми писмено Застрахователя в рамките на 5 (пет) работни дни от узнаването за настъпилото застрахователно събитие
Deductible rules
The insurance contract may be concluded with a deductible per loss, as an absolute amount, a percentage of the loss or insured sum, or a combination. The agreed deductible is specified in the policy and deducted from each claim; a lower premium applies when a deductible is agreed (GTC §71-72). If the assessed indemnity is less than the deductible, no compensation is payable.
SourceClause т.71Page 12Section: Раздел XII. Самоучастие > т.71
Застрахователният договор може да бъде сключен с уговорка за самоучастие на Застрахования във всяка щета.
Documents
General Terms and Conditions - Motor Vehicle Casco Insurance ZAD Armeec (effective 01.01.2026, incl. Special Conditions for Auto Assistance Abroad and Accident at Seats in MPS)
Terms & conditions
IPID - Casco Motor Vehicle Insurance (current version, armeec.bg)
IPID
IPID - Motor Vehicle Casco Insurance (older version via veronasbroker.bg)
IPID
Policy specifics
Additional Multimedia Equipment Theft Coverage
Optional clause covering theft of retrofitted and permanently attached multimedia equipment (audio, video, navigation systems) by burglary or technical means, available only in combination with Full Hull (Пълно каско) clause for additional premium
SourceFactory-Fitted Multimedia Equipment Theft
Coverage for theft of durable factory-installed multimedia equipment (audio, video, navigation systems) by burglary or technical means, included in Full Hull (Пълно каско) clause as part of standard coverage
SourceAnti-Theft Alarm System Requirement
For coverage of theft risks under the Кражба на МПС clause and when part of Пълно каско, the vehicle must be equipped with an operational alarm system with light and/or sound signalling and/or immobiliser if required by the insurer at policy inception
Source24-Hour Theft Notification Requirement
For theft events, the insured must notify the insurer in writing within 24 hours but no later than the first working day after discovering the theft. All locking devices and registration documents (Parts I and II) must be submitted within the same 24-hour period
SourceUndocumented Vandalism Claim Limit
Vandalism claims not supported by a police report are limited to 5% of the insured sum
SourceInspection Exception for Policy Renewal Without Interruption
No vehicle inspection is required if the insurance is renewed without interruption at Armeec. For all new policies or policies with interruption, mandatory inspection and photography of the vehicle is required at policy commencement
SourceSources
- https://armeec.bg/en/insurances/motor-casco-insurance
- https://devdiag558.blob.core.windows.net/documents/CSC_ARMEEC_OU.pdf#page=1
- https://devdiag558.blob.core.windows.net/documents/CSC_ARMEEC_OU.pdf#page=12
- https://devdiag558.blob.core.windows.net/documents/CSC_ARMEEC_OU.pdf#page=13
- https://devdiag558.blob.core.windows.net/documents/CSC_ARMEEC_OU.pdf#page=15
- https://devdiag558.blob.core.windows.net/documents/CSC_ARMEEC_OU.pdf#page=19
- https://devdiag558.blob.core.windows.net/documents/CSC_ARMEEC_OU.pdf#page=29
- https://devdiag558.blob.core.windows.net/documents/CSC_ARMEEC_OU.pdf#page=3
- https://devdiag558.blob.core.windows.net/documents/CSC_ARMEEC_OU.pdf#page=30
- https://devdiag558.blob.core.windows.net/documents/CSC_ARMEEC_OU.pdf#page=35