AIG Casco (own-damage car insurance) (Road Star Comprehensive)
Underwritten by AIG Europe S.A. (Cyprus Branch) · Cyprus
casco (own-damage car insurance) from AIG for the Cyprus market, with 24/7 assistance.
Last verified Aug 23, 2026Sources
Unique selling points
Comprehensive policy explicitly covers loss or damage occurring in the occupied territories of Cyprus, unlike most competitors.
Includes accidental windscreen damage cover up to €1,200 with no excess applied.
New motor vehicle replacement benefit for vehicles less than a year old.
Optional no-claim bonus protection covers up to 2 claims within a 3-year period.
Policy documentation is available in clear Greek or English language.
Coverage limits
Own Damage (Accidental Damage)
100% of insured sum
Covers own damage to the insured motor vehicle from an accident at the policyholder's own fault. The overall limit of this cover is the market value or the declared value of the vehicle, whichever is less.
Section: What is insured? > 1. Comprehensive cover
Own damage from accident (at your own fault). The overall limit of this cover is the market value or the value of your Motor Vehicle as declared to us by you, whichever is less.
Total Loss / Theft Beyond Economical Repair
100% of insured sum
If the motor vehicle is stolen or damaged beyond economical repair, the maximum payable is the lesser of the market value or the value of the vehicle as declared by the policyholder.
Section: Are there any restrictions on cover?
If the Motor Vehicle is stolen or damaged beyond economical repair, the most we will pay is the lesser of either the market value or the value of your Motor Vehicle as declared to us by you.
Partial Loss (Accidental Damage)
100% of insured sum
Partial damage to the insured vehicle from an accident is covered under the own damage benefit, subject to the overall market/declared value limit.
Section: What is insured? > 1. Comprehensive cover
Own damage from accident (at your own fault). The overall limit of this cover is the market value or the value of your Motor Vehicle as declared to us by you, whichever is less.
Theft
100% of insured sum
Loss or damage to the motor vehicle caused directly by theft, up to the market value or the declared value of the vehicle, whichever is less.
Section: What is insured? > 2. Third Party Liability, Fire & Theft cover
Loss or damage to your Motor Vehicle caused directly by fire or theft, up to the market value or the value of your Motor Vehicle as declared to us by you, whichever is less.
Windscreen Damage
€1.2K
Accidental damage to the windscreen is covered up to €1,200 without applying any excess under the Comprehensive cover. Additional glass/window breakage is available under the optional Wide Coverage extension. Note: the AIG product overview page groups this benefit under the optional 'Wide Coverage' extension, but the product-specific IPID for Road Star lists it as included within the base Comprehensive cover.
Section: What is insured? > 1. Comprehensive cover
Accidental damage to your windscreen up to €1200 (without applying any excess).
Natural Perils
Covered
Covers damage to the motor vehicle from natural perils (earthquake, flood, hail, storm, tempest) and other natural perils not specifically excluded, subject to the overall market/declared value limit. Note: the AIG product overview page groups this benefit under the optional 'Wide Coverage' extension, but the product-specific IPID for Road Star lists it as included within the base Comprehensive cover.
Section: What is insured? > 1. Comprehensive cover
Damage to your Motor Vehicle from natural perils (earthquake, flood, hail, storm, tempest) and other natural perils which are not specifically excluded.
Social Perils (Riot, Malicious Act, Vandalism)
Covered
Covers damage to the motor vehicle from social perils, including riot, civil commotion, malicious act and vandalism, subject to the overall market/declared value limit. Note: the AIG product overview page groups this benefit under the optional 'Wide Coverage' extension, but the product-specific IPID for Road Star lists it as included within the base Comprehensive cover.
Section: What is insured? > 1. Comprehensive cover
Damage to your Motor Vehicle from social perils. (Riot, civil commotion, malicious act, vandalism).
24-Hour Road Assistance
Covered
24-hour road assistance and 24-hour accident assistance are included. Road and accident assistance is provided by a contracted company on a public road in an area controlled by the Government of the Republic of Cyprus or the Sovereign Base Area.
Section: What is insured? > 3. Third Party Liability cover
24 hours road assistance. 24 hours accident assistance
Loss of Use Extension
€250
Extension for loss of use of the motor vehicle pays €25 per day, up to a maximum of 10 days (up to €250 total), in the event of an approved claim (no replacement car provided). Note: the AIG product overview page groups this benefit under the optional 'Wide Coverage' extension, but the product-specific IPID for Road Star lists it as included within the base Comprehensive cover.
Section: What is insured? > 1. Comprehensive cover
Extension for loss of use of the Motor Vehicle €25 per day up to 10 days in the event of an approved claim.
Personal Accident to Authorised Driver
€8.5K
Personal accident cover for an authorised driver of up to €8,500 for certain bodily injuries set out in the policy; medical expenses of the authorised driver and passengers are covered up to €850.
Section: What is insured? > 3. Third Party Liability cover
Personal accident to an authorized driver €8,500 for certain bodily injuries set out in the policy. Medical expenses of authorized driver and passengers up to €850.
Key conditions
Driver age and experience limit
The policy does not state a specific minimum age or experience threshold, but confirms that an additional excess is applied for young and inexperienced drivers.
Repair network requirements
Not specified in the available sources.
Anti-theft requirements
Not specified in the available sources.
Claim notification deadline
The policyholder must notify AIG or their intermediary as soon as reasonably possible in the event of loss or damage to the motor vehicle.
Deductible rules
AIG is not liable for the excess applied to each and every covered loss or damage to the motor vehicle, and an additional excess applies for young and inexperienced drivers.
Direct payment
The premium can be paid either in one payment upon issue of the policy, or, if specifically agreed and mentioned in the policy schedule, in instalments when the policy premium exceeds €300. Payment can be made by cash, cheque, bank transfer, direct debit or debit/credit card.
Territorial scope
Covers Cyprus, including loss or damage occurring in the occupied territories of Cyprus. Mandatory third-party liability cover extends to any EU member state or state signatory to the Multilateral Guarantee Agreement; other covers of the policy extend to those states for up to 30 days.
Documents
Policy specifics
Wide Coverage (Optional)
Optional layer including windscreen/window breakage, locks and keys, personal items, strike/riot/civil commotion, natural perils, and loss of use of insured car
SourceSection: Our Solutions > Private Auto Insurance
Wide Coverage is optional and includes: Breaking of glass in the windscreen or the window, locks and keys, rugs, clothing or personal items, strike, riot and civil commotion, natural perils, loss of use of the insured car.
New for Old (Optional)
Optional add-on benefit providing replacement with new vehicle for damaged parts or entire vehicle under certain conditions
SourceSection: Our Solutions > Private Auto Insurance
Other available optional covers include new for old and no claim protection.
No Claim Protection (Optional)
Optional add-on benefit protecting no-claims bonus status even if a claim is filed during the policy period
SourceSection: Our Solutions > Private Auto Insurance
Other available optional covers include new for old and no claim protection.
Coverage in Occupied Territories
Distinct feature: policy explicitly covers loss or damage to motor vehicle occurring in the occupied territories of Cyprus, unlike most competitors
SourcePage 2Section: Where am I covered?
In Cyprus. This policy also covers loss or damage to your Motor Vehicle that occurs in the occupied territories of Cyprus.
Valid Driving License
All drivers must hold a valid driving licence for any motor vehicle being driven and must follow the conditions of that licence
SourcePage 2Section: What are my obligations?
Everyone who is covered by this Policy must follow the Policy terms and conditions. All drivers must hold a valid driving licence for any Motor Vehicle being driven and must follow the conditions of that licence.
Vehicle Maintenance Obligation
Policyholder must take all reasonable steps to prevent motor vehicle and its contents from being lost or damaged, and maintain the vehicle in sound condition
SourcePage 2Section: What are my obligations?
You must take all reasonable steps to prevent your Motor Vehicle and its contents from being lost or damaged, and maintain the Motor Vehicle in a sound condition.
Premium Payment Terms
Premium can be paid either in one payment upon issue or in installments (if premium exceeds €300 and specifically agreed and mentioned in policy schedule). Payment methods include cash, cheque, bank transfer, direct debit, or debit/credit card
SourcePage 2Section: When and how do I pay?
The premium can be paid either in one payment, upon issue of the policy, or if agreed specifically and mentioned in your Policy Schedule, in installments when the policy premium exceeds €300.
Three Coverage Options Available
Policy offers three distinct coverage tiers: (1) Comprehensive cover (third party liability + own damage), (2) Third Party Liability, Fire & Theft cover, and (3) Third Party Liability only cover
SourcePage 1Section: What is this type of insurance?
There are three options available, the Comprehensive cover, the Third Party Liability, Fire & Theft cover and the Third Party Liability cover.
Sources
- aig.com.cyhttps://www.aig.com.cy/content/dam/aig/emea/cyprus/documents/brochures/ipid-auto.pdf#page=1(opens in a new tab)
- aig.com.cyhttps://www.aig.com.cy/content/dam/aig/emea/cyprus/documents/brochures/ipid-auto.pdf#page=2(opens in a new tab)
- aig.com.cyhttps://www.aig.com.cy/individuals/private-auto(opens in a new tab)