INTERASCO Societe Anonyme General Insurance Company (S.A.G.I.)

Driver age and experience limit

Young/inexperienced driver surcharge: a 40% additional premium applies if the main driver or any declared driver is aged 18–21 or holds a licence for less than 12 months. For drivers aged 22–23, the surcharge is 25%. Undeclared young drivers cause the insurer's right of recovery. For own-damage (Ίδιες Ζημίες) coverage, the vehicle must not have been driven by anyone under 24 years of age or with less than 1 year's licence, unless specifically declared and the corresponding additional premium paid. Driver personal accident cover excludes drivers over 65 years of age.

Repair network requirements

For glass damage, a deductible of €60 applies if repairs are not performed at a partner shop; no deductible applies when using the insurer's partner network. For vehicle repairs under own-damage or other coverages, the insurer may elect in-kind settlement (repairing the vehicle) instead of cash payment. The vehicle must be made available to the insurer's assessors before any repairs. No repairs may be performed before the insurer's expert inspection.

Territorial scope

MTPL (Αστική Ευθύνη): Greece, EU/EEA member states, and countries whose National Green Card Bureaux are bound by Section III of the Consolidated Agreement (Rethymno 2002). All optional/supplementary casco coverages (own damage, theft, fire, natural perils, vandalism, glass, personal accident, roadside assistance, replacement vehicle) are valid exclusively within Greece (Special Terms Art. 1.2 and Art. 2 for personal accident). Green Card (international certificate) can be issued for countries outside the above scope on written request and payment of additional premium.

Anti-theft requirements

No specific anti-theft device (alarm, immobiliser) is mandated by the policy terms. However, the insured is obliged to take all appropriate preventive measures and exercise particular diligence to avoid the occurrence of insured risks (Special Terms Art. 1.7). Theft must be reported immediately to the police and to the insurer in writing. Compensation for total theft is payable only after 45 days from the police report filing, provided the vehicle has not been recovered. The insured may not withdraw the police complaint after compensation has been paid.

Claim notification deadline

The insured must notify the insurer in writing within 8 days of learning of the loss event (General Terms Art. 9, para. 1). For personal accident coverage, notification must occur within 8 working days of the accident. The vehicle must be made available for expert inspection before any repairs. Any judicial or extrajudicial documents relating to the claim must be forwarded to the insurer within 8 days.

Deductible rules

Own damage (Ίδιες Ζημίες): deductible per accident of €450, €600, or €1,500 depending on the insured value of the vehicle (as stated in the policy schedule and IPID). Natural perils (Φυσικά Φαινόμενα): deductible of €0, €200, or €400 depending on the policy schedule. Vandalism/Malicious Acts (Κακόβουλες Ενέργειες): deductible of €400 per event (when offered as optional in Easy Drive Gold). Glass breakage: deductible of €60 if not repaired at a partner shop; zero deductible with a partner shop. Partial theft: deductible of €450. Fire (own vehicle) and total theft: no stated fixed deductible (paid at actual value subject to under-insurance rules of Law 2496/97 Art. 17). After each claim payment, the insured sum is reduced by the amount paid for the remainder of the policy period unless the insured pays a restoration premium.

Glass Breakage Coverage

Optional coverage for vehicle glass damage including windshield and side windows

Road Assistance Coverage

24-hour emergency road assistance service for breakdowns and accidents

Own Damage Coverage (Casco)

Coverage for own vehicle damage from theft, fire, natural perils, collisions, and vandalism

Vehicle Age Limit for Casco Coverages

Fire, total theft, natural perils, own damage, and other casco coverages (Easy Drive Gold and Platinum) require the insured vehicle to be up to 15 years old. For programmes including fire, theft, or natural perils, the minimum insured capital is €1,500. For own-damage (Platinum/comprehensive), the minimum insured capital is €3,000. Easy Drive Basic accepts vehicles up to 25 years old (MTPL only).

Amicable Settlement System (Φιλικός Διακανονισμός)

Simplified claims process for accidents between two vehicles insured by participating companies. The Accident Care (Φροντίδα Ατυχήματος) service assists on-site with completing the Amicable Settlement Form. Available within Greece when both parties are insured with participating insurers.

Accident Care Network

24-hour expert partner network for accident response and damage assessment

Claims Documentation Procedure

Required documentation for fire, theft, and supplementary risk claims including Solemn Statement of Loss

Guaranteed Value for New Vehicles (Εγγύηση Αξίας)

An optional add-on in Easy Drive Platinum for brand-new vehicles up to €50,000 in value: if the vehicle suffers total loss (from own-damage, fire, natural perils, vandalism, or total theft), the insurer pays the original invoice purchase price (not the depreciated market value). Conditions: vehicle must be new (first owner, value equal to invoice price as declared at policy inception), within the first 2 years from first registration, and must have casco coverages for the corresponding perils.