Fennia

territorial_scope

The MTPL is valid in all EEA member states automatically, providing coverage equal to or better than Finnish law or the local state's law (whichever is higher). In Green Card treaty countries outside the EEA, coverage applies on the basis of a Fennia-issued Green Card or without one where not required. The EEA countries covered include: Netherlands, Belgium, Bulgaria, Spain, Ireland, Iceland, Italy, Austria, Greece, Croatia, Cyprus, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Norway, Portugal, Poland, France, Romania, Sweden, Germany, Slovakia, Slovenia, Finland, Denmark, Czech Republic, Hungary, and Estonia.

green_card_rules

The Finnish MTPL is automatically valid throughout the EEA without a Green Card. For travel to Green Card treaty countries outside the EEA (Albania, Andorra, Azerbaijan, Bosnia-Herzegovina, North Macedonia, Morocco, Moldova, Montenegro, Serbia, Tunisia, Turkey, Ukraine), Fennia issues a Green Card upon request. Issuance is subject to case-by-case assessment and Fennia may not always issue it for all listed countries. The Green Card can be ordered via Oma Fennia online service and is recommended when travelling outside the Nordic countries.

driver_restrictions

No named driver restrictions; the MTPL covers any driver of the insured vehicle. However, if the driver caused the accident while under the influence of alcohol or narcotics, or in other circumstances specified in Section 48(1) of the Motor Liability Insurance Act, Fennia has a right of recourse against the driver. Compensation may be reduced or denied to an injured party who was intoxicated or had stolen the vehicle.

claim_notification_deadline

The policyholder must notify Fennia or its representative without delay upon learning of a traffic accident that may lead to a compensation claim. All documents and information required for handling the claim must be submitted to Fennia. A compensation claim must in any case be presented within ten years of the occurrence of the insured event.

bonus_malus_rules

The bonus-malus system is based on bonus tables effective from 1 June 2024. The maximum bonus is 83% (for private individuals' car MTPL). New customers aged 30 or over with a clean driving history receive a starting bonus of 64%. The same bonus applies to all privately registered passenger cars, vans, and motorhomes of the same policyholder. Motorcycles have a separate bonus table with a maximum of 70% (achievable in 10 years). A claim-affecting accident reduces the bonus of all vehicles in the same bonus group. When the maximum bonus has been held for three years, a bonus protection (bonusturva) activates for the MTPL so that the first traffic claim does not reduce the bonus.

Rental car coverage

Coverage for rental car costs when insured vehicle is in repair following covered damage

Replacement vehicle coverage

Motor liability insurance covers 94% of replacement car rental costs if vehicle must be taken out of use for repairs

Wild animal collision coverage

Coverage for damage from collision with wild animals including moose, reindeer, deer, and roe deer

New value clause (replacement value)

Collision, wild animal, vandalism, fire, and theft insurance include new value clause for private passenger cars and motorcycles

Salvage protection (lunastusturva)

For privately registered passenger cars with collision insurance: pays cash value of new equivalent car if repair costs exceed 50% of vehicle value

Bonus protection (bonusturva)

First collision claim does not reduce comprehensive insurance bonus when bonus reaches maximum 70% for 3 years

Property damage liability cap

Property damage from a single MTPL policy is capped at EUR 5,000,000 per incident per liable MTPL policy. There is no statutory monetary cap on bodily injury liability.

Fennia partner repair shop requirement

Damage repairs must be coordinated through Fennia partner repair shops for full coverage; repair shop arranges rental car if needed

Windshield repair through partner

Windshield repair is free; windshield replacement requires only deductible payment through Fennia partner

Police report requirement for theft and vandalism

Theft and vandalism damage must always be reported to police for coverage eligibility

Contact Fennia before arranging towing

Vehicle owner must contact Fennia before arranging towing; Fennia has right to select towing service

Damage inspection before repair

Fennia representative must have opportunity to inspect damaged vehicle before repairs; inspection can often be done remotely based on photos

Vehicle lock requirement for theft coverage

For theft coverage, vehicle must have been locked or stored in locked or guarded facility; compensation required for evidence of theft attempt

Prompt claim notification requirement

The policyholder must notify Fennia or its representative without delay upon learning of a traffic accident that may lead to a compensation claim, and must provide all required documents and information for claim handling.

Bonus group rule – shared bonus across all vehicles

If a private individual policyholder's bonus class for one vehicle is reduced due to a claim, the MTPL bonuses for all other vehicles of the same policyholder in the same bonus group are also reduced to the same bonus class. The same bonus applies across all privately registered passenger cars, vans, and motorhomes.