Fennia Mutual Insurance Company
Fennia
Fennia is a motor casco insurance for the Finland market with online purchase and 24/7 assistance.
Direct payment
Fennia has the right to choose the repair shop, towing company or other service provider and to determine where repairs or other measures are carried out; if the insured uses a different provider without contacting Fennia first, compensation may be limited to what the Fennia-appointed provider would have charged.
Geographic scope
Northern Europe
With collision insurance (kolarivakuutus), Fenniakasko is valid throughout the European Economic Area (EEA) and in Green Card agreement countries outside the EEA (excluding Russia), as well as in transport between these countries. Without collision insurance, Fenniakasko is valid only in the Nordic countries and in transport between them.
Unique selling points
- New Premiumkasko and Laaja Fenniakasko policies get an immediate 70% maximum no-claims bonus plus bonus protection from day one.
- Bonus protection (bonusturva) means the first collision claim does not reduce the policyholder's no-claims bonus at all.
- Round-the-clock Autoapu 24h roadside assistance advises and helps with vehicle damage both in Finland and abroad.
- Premiumkasko's purchase-protection benefit (lunastusturva) pays the cash price of a brand-new equivalent car if a young, low-mileage vehicle is written off.
- Fenniakasko can be built individually from selectable covers or chosen as one of three ready-made packages to match the vehicle's age and value.
Coverage limits
Collision Coverage
Conditional
Only in Premiumkasko, Laaja Fenniakasko
Collision insurance covers direct damage to the vehicle caused by collision with another vehicle or object, leaving the road, overturning, or a sudden and unforeseen external event. Compensation is based on repair costs or, if repair is not economical, the vehicle's fair value, new-value clause, extended new-value clause or purchase-protection value at the time of loss, rather than a fixed sum insured. Included in Premiumkasko and Laaja Fenniakasko; not included in Fenniakaskon osakasko.
Total Loss / Write-off Settlement
Covered
If a vehicle damaged by an insured peril (e.g. collision, wildlife, fire, theft, vandalism, parking or natural-peril loss) cannot be repaired at reasonable cost, Fennia settles the claim as a write-off, paying the vehicle's fair value or, where the new-value clause, extended new-value clause or purchase-protection benefit applies, the cash price of an equivalent new vehicle at the time of loss. Purchase-protection (lunastusturva) is limited to private passenger cars under 3 years old with under 60,000 km, and is available only in Premiumkasko.
Repair Cost Coverage
Covered
Reasonable repair costs are covered as long as the vehicle's damaged value together with estimated repair costs does not exceed its fair value before the loss; otherwise the vehicle is settled as a total loss instead.
Theft Coverage
Covered
Covers direct damage to, or loss of, a locked vehicle (or one kept in a locked or continuously guarded storage space) that has been taken or an attempt made to take it without authorisation (theft, joyriding, unauthorised use). A missing vehicle is compensated if it has not been recovered within 30 days of Fennia receiving verifiable notice of the event.
Glass Coverage
Conditional
Only in Premiumkasko
Covers direct damage to the vehicle's window glass caused by an impact that requires the glass to be replaced or repaired to meet road-safety requirements; does not cover a sunroof or glass roof. Available only in Premiumkasko.
Natural Phenomena Coverage
Conditional
Only in Premiumkasko
Covers sudden and unforeseeable direct damage caused by hail or storm, a branch or fallen tree brought down by storm, or flooding while the vehicle was parked. Available only in Premiumkasko.
Vandalism Coverage
Conditional
Only in Premiumkasko, Laaja Fenniakasko
Covers damage to the vehicle caused by intentional damage, provided the time and place of the event can be established and it is reported to the police; damage caused by another vehicle is not covered. Included in Premiumkasko and Laaja Fenniakasko; not included in Fenniakaskon osakasko.
Car Assistance Coverage
Covered
Covers reasonable extra costs when a journey is interrupted by a vehicle fault, theft, running off the road, or the sudden death, injury or illness of the driver or a passenger, including towing to the nearest repair shop, extra travel and lodging costs. Traveller cost reimbursement is capped at EUR 100 per person in Finland and EUR 300 per person abroad; lodging is capped at EUR 200 per night in total. Available in Laaja Fenniakasko and Fenniakaskon osakasko, and always included in Premiumkasko. Fennia must be contacted before ordering towing, as Fennia has the right to choose the service provider.
Rental Car Coverage
Conditional
Only in Premiumkasko, Laaja Fenniakasko
Pays rental-car costs, or alternatively a EUR 35 daily allowance, for lost use-days while the vehicle is off the road due to a claim covered under one of the property insurances; up to 30 days for repairs and 14 days for a total loss, with no deductible on this cover. Automatically included in Premiumkasko; available for a registered private-use passenger car with collision insurance and can be added to Laaja Fenniakasko by separate agreement.
Driver Personal Accident Coverage
No limit stated
Fenniakasko is a property (vehicle) insurance and does not include personal accident/injury cover for the driver or passengers; such protection is available separately, for example under Fenniaturva accident insurance or the compulsory motor liability insurance for third parties.
Key conditions
Driver age and experience limit
Fenniakasko sets no separate minimum age or experience requirement of its own, but the driver must hold a driving licence or age-based right appropriate to the vehicle class, and the vehicle must not be handed over to a driver whose identity and valid licence have not been verified; it must also not be handed to a person under the influence of alcohol or drugs.
Repair network requirements
Fennia has the right to choose the repair shop, other service provider or place of purchase where repairs or a related procurement are carried out; if a non-approved provider is used, compensation may be limited to what the Fennia-appointed provider would have charged, and Fennia's representative must be given the opportunity to inspect the damaged vehicle before repair.
Territorial scope
With collision insurance, Fenniakasko is valid in the EEA and in Green Card agreement countries outside the EEA (excluding Russia) and in transport between them; without collision insurance it is valid only in the Nordic countries and transport between them.
Anti-theft requirements
For theft insurance to apply, the vehicle or its storage space must be locked as defined in the terms: windows and open compartments closed, doors and any lockable storage/cargo space locked, and an anti-theft device switched on where the vehicle has one; specific locking rules apply to trailers, mopeds, ATVs, snowmobiles and other vehicle types.
Claim notification deadline
A claims application must be submitted within one year of the claimant learning of the policy's validity, the insured event and the resulting loss, and in any case within ten years of the event; theft, vandalism and rental-vehicle fraud/embezzlement claims must be reported to the police immediately and the request for punishment must not be withdrawn.
Deductible rules
The deductible for Fenniakasko's property insurances ranges from EUR 200 to EUR 5,000 depending on vehicle type and the level chosen by the policyholder; the glass insurance deductible is typically EUR 100 or 200 when the glass must be fully replaced, with no deductible for repair; a doubled base deductible applies to property losses occurring outside the Nordic countries.
Where to buy
Policy specifics
Wildlife Damage Coverage
Coverage for damages when vehicle collides with wild animals (moose, reindeer, deer, roe deer)
SourceVandalism Coverage
Coverage for damages from intentional damage; requires report to police and specific date/time/place
SourceTrip Interruption Coverage
Coverage for extra costs when trip is interrupted due to vehicle malfunction or sudden injury/illness of driver or passenger
SourceAuthorized Repair Network
Fennia has right to select repair shop or service provider; compensation limited if other provider used
SourceNew Value Clause
Compensation based on new replacement value for collision, wildlife, vandalism, fire, theft, parking and animal damage on cars, motorhomes, trailers, motorcycles
SourceGeographic Validity
With collision coverage: valid in EEA, Green Card agreement countries (except Russia), and transport between them. Without collision: Nordic countries only
SourcePackage Variants
Fenniakasko available as Premium Casco, Comprehensive Fenniakasko, partial Casco, or customizable combinations of individual coverages
SourceClaim Reporting
Insured must report claims to Fennia immediately, within three working days of incident
SourceCoverage Documentation
Compensable expenses must be verified by acceptable receipts; costs must be documented
Source