INTERAMERICAN Motor third-party liability (Mtpl Standard)

24/7 accident care service (Φροντίδα Ατυχήματος) dispatches a representative to the scene upon calling 1158, handling all claim notification procedures on behalf of the insured.

Personal accident cover for the driver is included as standard in all MTPL packages, providing life insurance benefit in case of death or permanent disability from an accident.

Material damage from uninsured vehicles is included in the base MTPL package, with the insurer compensating directly and pursuing the liable uninsured party on behalf of the insured.

Legal protection with unlimited coverage limit within Greece and up to €3,000 in EU/EEA countries, covering driver and vehicle legal protection as well as contractual disputes related to the vehicle.

Driver restrictions

The insured must declare if any driver is under 23 years of age or obtained their licence for the first time within the last 12 months (New Driver). Failure to declare triggers additional surcharge premiums (20%-60%) and the right of recourse (25%-75% of indemnity). Drivers must hold a valid licence for the vehicle category. Driving under the influence of alcohol or drugs in a causal connection to the accident is excluded. Coverage is void if the vehicle is used for a purpose other than that stated in the policy schedule and licence.

Claim notification deadline

For MTPL (third-party liability) claims: the insured must notify the Company in writing immediately and no later than 8 working days from the date of becoming aware of the damaging event. For optional coverage claims: 8 calendar days. Theft must be reported to the Police immediately and notified to the Company within 8 days of discovering the loss. Vehicle must be made available for inspection within 5 working days. All judicial or extrajudicial documents must be forwarded to the Company within 8 days of receipt.

Bonus-malus rules

Premiums are calculated based on multiple rating factors including engine displacement, use, vehicle type, seats, taxable horsepower, actual horsepower, area of circulation, vehicle age, number of claims at-fault, driving experience, date of licence acquisition, and age of policyholder/insured/driver. A bonus-malus system of discounts and surcharges applies per insurance period. The Company may adjust categories and rates at each annual renewal. Premiums are adjusted if mandatory minimum coverage limits are changed by law. A new driver surcharge of 20%-60% applies depending on age and licence duration.

Territorial scope

Greek territory, EU/EEA member states, and other states whose National Green Card Bureaux have co-signed the Multilateral Guarantee Agreement of 15 March 1991. Does not apply to airport areas where aircraft operate.