Minerva Insurance Company Public Ltd
Minerva Insurance
Minerva Insurance is a motor third-party liability insurance for the Cyprus market with no online purchase and 24/7 assistance.
Direct payment
Minerva Insurance's own Third Party motor product description states that car insurance 'may include compensation for damages caused to third parties (third-party liability)' and that all cover packages provide a direct Roadside Assistance and Accident Assistance line. The publicly available product materials do not describe a policyholder-reimbursement mechanism for third-party liability claims; consistent with the nature of compulsory Third Party Liability motor insurance in Cyprus, Minerva compensates/settles claims with the injured third party (claimant) directly rather than paying the policyholder who then pays the third party. For the optional Roadside Assistance/Accident Care services (where included in the chosen package), Minerva likewise provides these through its own direct assistance line rather than as a reimbursement-only service. Minerva's detailed IPID/T&C document for the Private Vehicle Third Party product does not provide additional explicit wording beyond this on garage or hospital settlement, as this basic Third Party package does not cover own-vehicle repairs.
Geographic scope
Republic of Cyprus
Cover applies to use of the vehicle in the Republic of Cyprus as required by the Motor Vehicles (Third-Party Liability Insurance) Law; specific territorial extensions are set out in the official policy documents.
Unique selling points
- Accident Care goes beyond towing — staff document the accident scene, photograph documents, and collect witness contact details to support the claim.
- Roadside Assistance and Accident Care services are available depending on the selected package, not just on top-tier plans.
- Roadside assistance operates 24 hours a day, 7 days a week, including Sundays and public holidays, across the whole of Cyprus.
- Backed by a long-established, publicly listed Cyprus insurer offering tailored plans at competitive prices for individuals and businesses.
Coverage limits
Bodily Injury Liability
Covered
No limit stated
Covers the policyholder's legal liability for bodily injury or death caused to third parties in an accident involving the insured vehicle, as mandated by Cyprus's Motor Vehicles (Third-Party Liability Insurance) Law. The exact limit is stated in the official policy documents/IPID.
Property Damage Liability
Covered
No limit stated
Covers the policyholder's legal liability for damage caused to third-party property in an accident involving the insured vehicle, as mandated by Cyprus's Motor Vehicles (Third-Party Liability Insurance) Law. The exact limit is stated in the official policy documents/IPID.
Roadside Assistance
Optional
No limit stated
24-hour, 7-day roadside and accident assistance service (towing, on-site repair, tyre change) available across the Republic of Cyprus, offered as a subscription depending on the selected package.
Driver Personal Accident
Conditional
No limit stated
Personal accident benefits for the driver are available depending on the selected package tier; specific limits are set out in the official policy documents/IPID.
Passenger Personal Accident
Conditional
No limit stated
Personal accident benefits for vehicle occupants/passengers are available depending on the selected package tier; specific limits are set out in the official policy documents/IPID.
Key conditions
Territorial scope
Cover applies to legal liability arising from use of the insured vehicle within the Republic of Cyprus, in line with mandatory third-party insurance law; any wider territorial extension is defined in the official policy documents.
Green card rules
Not specified in detail in the reviewed sources; policyholders should request confirmation from Minerva Insurance regarding Green Card / International Motor Insurance Certificate issuance for travel outside Cyprus.
Driver restrictions
To arrange cover, the vehicle must have a valid Registration Certificate and Roadworthiness Certificate (MOT), and the driver must provide a valid Driving Licence; the driver's years of driving experience and accident history are used as underwriting/rating factors.
Claim notification deadline
Not specified in the reviewed sources; refer to the official policy documents/IPID for exact claim notification timelines.
Bonus-malus rules
Not explicitly detailed in the reviewed sources; pricing is stated to depend on personal factors such as years of driving experience and accident history, and vehicle-related factors.
Where to buy
Policy specifics
Accident Care
Immediate accident care services including scene documentation and claims assistance
SourcePersonal Accident Cover
Coverage for personal accident benefits to driver and/or vehicle occupants
SourceFire and Theft Coverage
Coverage for damage caused by fire, theft, and attempted theft of the vehicle
SourceNatural Hazards Coverage
Coverage for damage caused by natural disasters and weather conditions
SourceOwn Damage Cover
Coverage for damage to the insured vehicle from accidents, even if policyholder is at fault
SourceRepair Network Restrictions
Possible network or repair approval restrictions for claims and vehicle repairs
SourceExcess/Deductible
Policyholder contribution per claim (excess amount); specific limits depend on package and claim type
Source