Ypera Insurance Co. Ltd
Ypera
Ypera is a motor casco insurance for the Cyprus market with no online purchase and 24/7 assistance.
Direct payment
The insurer's own Motor Vehicles/Own Damage (Casco) product page and downloadable policy wording do not publish an explicit 'direct payment vs reimbursement' clause in the searchable text. Based on standard Cyprus comprehensive motor insurance practice that applies to this market (which this insurer, formerly Ydrogios, now Ypera Insurance, follows), if the insured vehicle is repaired at an insurer-approved/network garage the insurer settles the repair bill directly with that garage; if repaired at a non-approved garage, the policyholder normally pays first and is then reimbursed by the insurer after assessment, minus any excess. This could not be confirmed with an exact quoted clause from the product's own T&C/IPID via web search alone.
Geographic scope
Cyprus
Coverage applies within the Republic of Cyprus government-controlled areas, with restrictions applying in areas not controlled by the government.
Unique selling points
- Top-tier Comprehensive plans pay up to €17,500 for driver personal accident, well above the €5,000 offered on the entry-level Mini plan.
- Includes a Windscreen Home Repair service, fixing glass damage at the customer's own location.
- No Claim Bonus Protection safeguards the accumulated no-claims discount even after a claim is made.
- Top-tier plans replace a written-off vehicle with a brand-new car if the total loss occurs within the first year of ownership.
- Branded Yper-Assistance service provides dedicated 24-hour roadside and accident-scene support beyond standard road assistance.
Coverage limits
Own Damage
Covered
Covers damage to the insured vehicle from collision and accidents; included across all Comprehensive tiers (Mini, Mini2nd, Maxisafe, Maxi2nd). No monetary limit is stated on the product page.
New Vehicle Replacement (Total Loss, First Year)
Conditional
Only in Maxisafe, Maxi2nd
If the insured vehicle suffers a total loss within the first year of ownership, it is replaced with a brand-new vehicle. This benefit is evidenced on the top-tier package listing (Maxisafe/Maxi2nd) of the product page; no monetary cap is stated.
Partial Loss
No limit stated
Not distinguished as a separate coverage from Own Damage in the available source material.
Fire and Theft
Covered
Covers loss of or damage to the vehicle due to fire and theft; included across all Comprehensive tiers. No monetary limit is stated.
Windscreen or Windows
€500 – €1,000
Covers breakage of windscreen and vehicle glass. Limit is €500 on the Mini/Mini2nd tiers and €1,000 on the Maxisafe/Maxi2nd tiers; also includes a Windscreen Home Repair service.
Coverage of Natural Hazards
Conditional
Only in Maxisafe, Maxi2nd
Covers loss or damage from natural hazards. This benefit is evidenced on the top-tier package listing (Maxisafe/Maxi2nd) of the product page; no monetary limit is stated.
Malicious Damage
Covered
Covers damage from vandalism and malicious acts across all tiers; the higher tiers (Maxisafe, Maxi2nd) additionally include Malicious Damage Arson. No monetary limit is stated.
Road Assistance / Yper-Assistance
Covered
Road Assistance and Off-the-Road (Accident Care) cover appear across all tiers; the higher tiers add the branded 24-hour Yper-Assistance roadside and accident support service.
Replacement Vehicle
No limit stated
No courtesy/replacement vehicle during repairs is mentioned. The product instead offers cash Loss-of-Use compensation (€20/day for up to 20 days) and, separately, New Vehicle Replacement after a first-year total loss.
Personal Accidents of the Insured
€5,000 – €17,500
Personal accident cover for the insured driver is €5,000 on the Mini/Mini2nd tiers and €17,500 on the Maxisafe/Maxi2nd tiers.
Key conditions
Driver age and experience limit
Comprehensive cover is available to any driver aged 23 to 70 holding a European driving licence for at least 4 years; named-driver options cover up to 6 drivers aged 23-70, with third-party-only cover extended to any driver aged 23-70 with a minimum of 2 years licence.
Repair network requirements
Not specified in the reviewed source material.
Territorial scope
Coverage is mainly within the Republic of Cyprus, with certain restrictions applying in areas not controlled by the Cyprus government.
Anti-theft requirements
Not specified in the reviewed source material.
Claim notification deadline
Not specified in the reviewed source material.
Deductible rules
Not specified in the reviewed source material.
Policy specifics
Loss of use / Daily compensation
Covers daily compensation for vehicle immobilization (€20 per day for up to 20 days)
SourceCoverage of natural hazards
Covers loss or damage from natural disasters and environmental events
SourceCoverage in event of civil commotion and strike
Covers loss or damage from civil unrest, riots, and strikes
SourceNew vehicle replacement (first year)
Covers replacement with a new vehicle if total loss occurs within the first year of ownership
SourceLoss of personal items
Covers loss or damage to personal belongings inside the vehicle up to €175
SourceDriving other cars in Cyprus
Allows authorized driver to drive other vehicles under third-party liability coverage
SourceComprehensive coverage for individuals only
This product is specifically for individuals, not commercial or business use
SourceCoverage territory - Cyprus
Main coverage is within Cyprus territory, with certain restrictions in occupied areas
Source