Apeiron Insurance Project Antiprosopefsi Allodapon Asfalistikon Etairion I.K.E.
Apeiron Insurance Project
Apeiron Insurance Project is a motor casco insurance for the Greece market with no online purchase and 24/7 assistance.
Direct payment
Compensation is paid directly to the insured after submission of the required documents to the claims department. The assigned claims handler communicates the compensation amount and payment date upon receiving all necessary documents.
Geographic scope
Greece (mandatory MTPL also valid across EU/EEA and Green Card member states; optional coverages apply within Greece unless otherwise stated in policy terms)
Mandatory third-party liability coverage is valid in Greece, EU/EEA member states, and other countries whose National Insurance Bureaux are bound by the Multilateral Guarantee Agreement of 15 March 1991. Optional coverages are valid within Greece only, unless otherwise specified in a relevant policy clause.
Unique selling points
- Part of the Triglav Group (rated A by international rating agencies, solvency ratio 219%), providing strong financial security for claims payment.
- Accident response service (Φροντίδα Ατυχήματος) included in all packages, providing on-site incident recording and immediate vehicle transport from the accident scene.
- Legal protection in partnership with Arag is mandatorily included in the Auto Advance package, covering lawyer fees, court costs, and expert witness expenses.
- Bonus Malus protection is included in Standard and Advance packages, protecting the insured's discount class in the event of two at-fault claims.
- Carglass partnership for glass repair ensures quality windscreen replacement with a deductible waived at partner workshops.
Coverage limits
Own Damage (Ίδιες Ζημιές)
Covered
Covers damage to the insured vehicle from collision or accident, including total loss, available exclusively under the Auto Full package for private passenger cars (ΕΙΧ). Compensation is paid up to the insured sum agreed in the policy. Not covered in Standard, Advance, or Value packages. Poor maintenance, wear and tear, or tyre damage are excluded.
Total Loss
Covered
Covered as part of Own Damage (Ίδιες Ζημιές) under the Auto Full package for private passenger cars only. Compensation paid up to the insured sum. Excluded when caused by poor maintenance, wear and tear, or tyre failure.
Partial Loss
Covered
Covered as part of Own Damage (Ίδιες Ζημιές) under the Auto Full package for private passenger cars only. Covers partial damage to the insured vehicle resulting from an accident. Excluded when caused by poor maintenance, wear and tear, or tyre failure.
Theft and Robbery (Total and Partial)
Covered
Total theft: compensation according to the current market value of the vehicle (Auto Value and Auto Full). Partial theft: covers removal of fixed components due to theft or robbery, and damage from attempted theft (Auto Value for cars only; motorcycles excluded from partial theft). Theft coverage (total or partial) requires simultaneous fire coverage and minimum insured vehicle value of €4,000. Coverage also includes damages from attempted theft.
Glass Breakage (Θραύση Κρυστάλλων)
Optional
Optional coverage for breakage of windscreen and windows from an external cause. Included in the Auto Advance package (mandatory in Advance tier per product launch; optional in Standard). A deductible of €500 applies for repairs at non-partner workshops (from 1/1/2023; previously €250). Damages to lights or external mirrors are excluded. Carglass is a partner repair network for this coverage.
Natural Perils and Fire (Πυρκαγιά, Φυσικά Φαινόμενα, Χαλαζόπτωση)
Covered
Covers fire, natural phenomena, acts of God, and hailstorm damage. Available from Auto Value tier upwards. Hailstorm coverage capped at €1,500 (increased from €1,000 effective 1/12/2022, applying to new policies and renewals without premium change). Natural phenomena and hailstorm excluded for motorcycle use. Excludes coverage from radioactivity or nuclear energy.
Vandalism (Κακόβουλες Βλάβες Ιδίων Ζημιών)
Covered
Covers malicious damage to the insured vehicle. Available exclusively under the Auto Full package and only for private passenger cars (ΕΙΧ). Not available for motorcycles, commercial vehicles, or lower tiers.
Roadside Assistance (Οδική Βοήθεια)
Optional
Optional coverage for vehicle breakdown. Included by default in Auto Advance and higher packages. Provides immediate vehicle transport if immobilized on the road due to accident. Also provides assistance for trips over 25 km from the insured's place of residence, covering incidents such as injury, illness, loss of luggage, or trip interruption due to an emergency. Vehicle towing to a workshop is not covered if the breakdown can be repaired on-site. Not available for vehicles over 3.5 tonnes gross weight, overall length exceeding 5,500 mm, width exceeding 2,050 mm, or wheelbase over 3.15 metres. Emergency line: 2130904363 (24/7).
Replacement Vehicle
Not offered
Replacement vehicle coverage is not mentioned or offered in the Apeiron Standard/Advance/Value/Full product line across the sources reviewed.
Driver Personal Accident (Προσωπικό Ατύχημα Οδηγού)
Optional
Optional coverage for the driver. Pays compensation up to the agreed sum for total or partial permanent disability or death of the driver resulting from an accident. Motorcycle use is explicitly excluded from this coverage. Available as an add-on across all packages.
Key conditions
Driver age and experience limit
No specific minimum driver age or experience requirement is stated in the IPID for standard passenger car coverage. Coverage requires the driver to hold the legally required driving licence for the vehicle category. For motorcycle Full packages, a minimum driver age of 28 years applies.
Repair network requirements
No mandatory repair network requirement is imposed for own-damage claims. For glass breakage, Carglass is a partner workshop network. Repairs at non-partner workshops for glass breakage incur a deductible of €500 (as of 1/1/2023; previously €250). Vehicle transport to a workshop by roadside assistance is not covered if the breakdown can be repaired on-site.
Territorial scope
Mandatory third-party liability coverage is valid in Greece, all EU/EEA member states, and other states whose National Insurance Bureaux are bound by the Multilateral Guarantee Agreement (signed 15 March 1991). Optional coverages (own damage, theft, natural perils, glass, roadside assistance, etc.) are valid within Greece only, unless otherwise specified in a relevant policy clause.
Anti-theft requirements
Theft coverage (total or partial) requires simultaneous fire coverage and a minimum insured vehicle value of €4,000. No specific anti-theft device requirement is stated beyond this threshold in the IPID.
Claim notification deadline
The insured must notify the insurer in writing of any loss event within eight (8) working days of becoming aware of it. Additionally, any change in circumstances that may significantly increase the risk must be reported within 8 days of becoming aware. The insured must also cooperate fully with the insurer's representatives and loss adjusters.
Deductible rules
No standard own-damage deductible amount is stated in the IPID. For glass breakage claims, a deductible of €500 applies for repairs at non-partner workshops (effective 1/1/2023; was €250 previously). The policy excludes coverage arising from gross negligence or wilful misconduct of the policyholder, insured, or driver.
Where to buy
Policy specifics
Fire and Theft Coverage
Core coverage type for Auto Advance, Auto Value, and Auto Full packages as specified in product name (Fire, Theft & Comprehensive)
Third Party Liability
Mandatory coverage for injury to third parties or damage to third party property, as referenced in all Apeiron car insurance packages
Vehicle Usage Restrictions
No coverage is provided when the insured vehicle is used for purposes other than those authorized by its registration certificate. Explicit exclusions apply when the vehicle participates in exhibitions, festive parades, official or unofficial racing, speed or skill contests, and related test runs. Damages to or from special-type vehicles, tools or machinery arising from their operation as tools (rather than from their movement) are also excluded.
Driver Impairment Exclusion
No coverage is provided when the driver of the insured vehicle is under the influence of alcohol or toxic substances in violation of applicable traffic laws. This exclusion applies to third-party liability claims.
Windscreen / Glass Coverage
Glass breakage coverage from an external cause is included in Auto Advance and higher tiers (mandatory in Advance; optional add-on in Standard). Carglass is a partner repair network. Deductible of €500 applies at non-partner workshops (from 1/1/2023; previously €250). Damages to lights or external mirrors are excluded.
Legal Protection Coverage (Νομική Προστασία / Νομική Προστασία Arag)
Legal protection coverage (in partnership with Arag) covers lawyer fees, court expert fees, court costs, bailiff expenses, and witness compensation in the event of an accident. Mandatory in the Auto Advance package; optional add-on in Standard, Value, and Full packages.
Roadside Assistance
Roadside assistance service available through Apeiron auto insurance, including towing and emergency vehicle transport if immobilized on road
Uninsured Vehicle Collision Protection
Compensation for damages resulting from collision with uninsured vehicle, provided driver of uninsured vehicle is solely at fault
Sources
- https://apeironinsurance.eu/%CE%B1%CF%83%CF%86%CE%AC%CE%BB%CE%B9%CF%83%CE%B7-%CE%B1%CF%85%CF%84%CE%BF%CE%BA%CE%B9%CE%BD%CE%AE%CF%84%CE%BF%CF%85/
- https://apeironinsurance.eu/ασφάλιση-αυτοκινήτου/
- https://apeironinsurance.gr/insurace_auto/
- https://www.nextdeal.gr/asfalistikes-eidiseis/idiotiki-asfalisi/110854/apeiron-insurance-veltioseis-ston-klado-aytokinitoy