Finnish P&C Insurance Ltd. (Suomen Vahinkovakuutus Oy)
POP Vakuutus
POP Vakuutus is a motor casco insurance for the Finland market with online purchase and 24/7 assistance.
Direct payment
The insurer has the right to designate the repair shop or supplier used for repairs and glass replacement; glass work done outside POP's partner network is subject to a higher deductible, while towing ordered through POP's own towing service carries no deductible.
Geographic scope
Finland, valid across Europe and Green Card agreement countries during trips abroad
Valid abroad for a continuous trip of at most 30 days across Europe and Green Card countries, excluding Ukraine, Albania, Kosovo, Serbia, Moldova, Morocco, Bulgaria, Romania, Tunisia and Turkey.
Unique selling points
- New casco policies can start with a no-claims bonus of up to 70%.
- Policyholders can choose from five deductible levels (200, 500, 1,000, 2,000 or 5,000 EUR) to tailor premium and claims cost-sharing.
- No deductible is charged when towing is ordered through POP's own towing service network.
- The XL casco tier tows fully electric vehicles to the nearest charging point if the battery runs out mid-journey.
- POP Vakuutus's L-kasko was rated the cheapest car insurance option in Kuluttaja-lehti's January 2022 comparison test.
Coverage limits
Collision Cover (Kolariturva)
Conditional
Only in L, XL
Covers sudden and unforeseen direct property damage caused by collision, impact, running off the road, overturning or a similar sudden external event; compensation is capped at the vehicle's fair value (käypä arvo) minus deductions. Only available in the L and XL casco tiers, not in S-kasko.
Vehicle Redemption Cover (Lunastusturva)
130% of insured sum
Only in XL
In a write-off situation the insurer redeems the vehicle. A new vehicle is redeemed at its new cash price if it is under 3 years old, has under 60,000 km and repair costs exceed 50% of the new price. Otherwise a used vehicle is redeemed at its pre-loss fair value plus 30% if repair costs exceed 60% of fair value, capped at the new vehicle's cash price. Only available in the XL casco tier.
Partial Damage Repair (Kolariturva)
Conditional
Only in L, XL
Repairable collision/impact damage is primarily compensated by paying repair costs, capped at the fair value of the property before the loss minus its post-loss value and the deductible. Covered under the same Kolariturva peril as own_damage; only available in L and XL tiers.
Theft Cover (Varkausturva)
Covered
Covers sudden and unforeseen direct property damage caused by theft, unauthorized use, joyriding or an attempt thereof, provided the vehicle was locked or in a locked storage space at the time. A police report is required and redemption of a stolen vehicle requires it not to have been found within 30 days of notification. Included in all three tiers (S, L, XL).
Glass Cover (Lasiturva)
Conditional
Only in L, XL
Covers sudden, unforeseen breakage of the windscreen, side window or rear window caused by a direct external impact (e.g. stone chip), where repair or replacement is necessary for road safety. The insurer may name a partner repair network; using a non-partner supplier triggers a higher deductible. No deductible is charged if the glass is repaired rather than replaced. Only available in L and XL tiers.
Natural Phenomena Cover (Luonnonilmiöturva)
Conditional
Only in L, XL
Covers damage to a stationary vehicle from a storm-felled tree or storm-detached object, hailstorm damage to exterior surfaces, and flood water rise while the vehicle is stationary with power disconnected. A storm is defined as wind of at least 21 metres per second. Only available in L and XL tiers.
Vandalism Cover (Ilkivaltaturva)
Covered
Covers sudden, unforeseen direct property damage caused by intentional wilful damage, provided a police report has been filed; damage caused by another vehicle is excluded. Included in all three tiers (S, L, XL).
Towing Cover (Hinausturva)
€1,000
Covers towing to the nearest suitable garage when a trip is interrupted due to breakdown, theft, damage or running off the road. Additional travel/accommodation costs are reimbursed up to 500 EUR for interruptions in Finland and up to 1,000 EUR outside Finland. No deductible applies when towing is ordered through POP's own towing service; a deductible applies if another provider is used. For fully electric vehicles, the XL tier covers towing to the nearest charging point if the battery runs out. Included in all three tiers (S, L, XL); the age limit after which the cover ends is stated on the policy document.
Trip Continuation Cover (Matkan jatkumisturva)
Conditional
Only in XL
Compensates lost use of the vehicle after a claimable casco loss (collision, animal collision, vandalism, fire, theft, parking damage or glass damage) or a technical breakdown, either as a cash payment of 50 EUR per full day or, by agreement, a rental car up to C-class. Compensation is paid for a maximum of 30 days, with special shorter maximum periods for technical faults (5 days), redemption/lump-sum settlement (14 days), and glass-related claims (2 days); tyre-related claims receive 1 day only. Only available in the XL casco tier.
Driver Personal Accident Cover
No limit stated
No driver personal accident cover is described within the casco (vehicle damage) terms; personal injury to the driver would require a separate personal accident insurance product.
Key conditions
Driver age and experience limit
No explicit minimum driver age is stated in the casco terms, but a driver's licence or age-based right appropriate to the vehicle class is required (protective instruction 6.1.7), and the premium may be recalculated during the policy period if a driver under 25 years old is added.
Repair network requirements
The insurer has the right to designate the repair shop and, for towing, the towing company; the policyholder must contact POP Vakuutus before arranging towing or glass repair/replacement to select the service provider, and using a non-partner glass supplier increases the deductible.
Territorial scope
Valid abroad for a continuous trip of at most 30 days across Europe and Green Card agreement countries, excluding Ukraine, Albania, Kosovo, Serbia, Moldova, Morocco, Bulgaria, Romania, Tunisia and Turkey; the standalone towing cover (Hinausturva under the S tier) is valid only in Finland, other Nordic countries and Estonia.
Anti-theft requirements
For theft claims the vehicle must have been locked at the time of the incident (body, doors, windows and cargo area closed and locked, keys removed, immobilizer or steering lock engaged); the vehicle registration certificate notification section and key-duplication data must not be stored in the vehicle; keys must not carry identifying information such as address or registration number.
Claim notification deadline
Theft and vandalism claims require an immediate police report; redemption of a stolen vehicle requires that it has not been found within 30 days from when the insurer was notified and a police report was filed. No separate general numeric claim-notification deadline is stated in the terms.
Deductible rules
The policyholder chooses a base deductible of 200, 500, 1,000, 2,000 or 5,000 EUR, recorded on the policy document; some perils have their own deductible noted on the policy. Deductible is doubled outside the Nordic countries; quadrupled (theft minimum 20% of the loss) in Latvia, Lithuania, Poland, North Macedonia, Bosnia-Herzegovina, Croatia and Montenegro; doubled in Estonia (theft minimum 20%, glass claims at the base deductible); quadrupled with a minimum of 25% of the loss for damage on a racetrack or during speed/driving training; and increased by an additional 25% of the loss if the vehicle is even partly used for rental, private-hire or professional/business purposes such as taxi, delivery or courier work.
Where to buy
Policy specifics
Coverage Levels
Car Insurance (Casco) is available in three coverage tiers: S (basic), L (intermediate), and XL (comprehensive)
SourceDeductible (Omavastuu)
Casco policies include selectable deductible amounts that affect claims payouts and premium costs
SourceVehicle Repair
Casco coverage includes repairs for vehicle damage from collisions, crashes, theft, vandalism, and other insured perils
SourceGeographic Coverage Restrictions
Casco insurance may include coverage restrictions for certain countries or regions, particularly outside Green Card agreement zones
SourceRacing and Competition Exclusion
Casco coverage is not valid for vehicle use in racing, competitions, or related training activities on closed tracks
Source