Gránit Biztosító Zrt. (formerly Wáberer Hungária Biztosító Zrt.)
Gránit Biztosító
Gránit Biztosító is a motor casco insurance for the Hungary market with online purchase and limited assistance availability.
Direct payment
On request, the insurer issues a written payment-obligation declaration ('Nyilatkozat fizetési kötelezettségről') directly to the repair shop, the insured, or an authorized representative within 3 business days of receiving the claim-assessment results. Alternatively, claims can be settled on a net, invoice-free basis (egyezségi kárrendezés), calculated from the assessor's report, less the applicable deductible.
Geographic scope
Geographical Europe including the whole territory of Turkey, excluding non-EU successor states of the former Soviet Union
Coverage applies to insured events occurring within geographical Europe, including the whole territory of Turkey; it excludes the successor states of the former Soviet Union other than EU member states (Estonia, Latvia, Lithuania).
Unique selling points
- No deductible is charged for glass repairs when the cost stays under 50% of the assessed material value.
- Repairs use genuine new parts, not used ones, for vehicles up to 6 years old.
- Total loss or theft within the first 6 months after first registration is paid at 100% of the original purchase invoice value.
- A KGFB bonus-malus rating of B07 or higher is credited as two claim-free years of casco no-claims history for new customers.
- Coverage extends across the whole of geographical Europe plus the entire territory of Turkey.
Coverage limits
Own Damage / Collision Coverage
Covered
Covers physical damage to the insured vehicle from a sudden, external, accidental mechanical impact (töréskár), including damage caused by third parties. The insurer reimburses invoice-documented repair costs performed at a Hungarian workshop at average Hungarian price levels. New parts are used until the vehicle is 6 years old; thereafter repairs are compensated at current (káridőponti) value. Wear items (tyres, battery, exhaust system, moving/rotating parts, suspension components, engine, gearbox, electro-acoustic equipment, alloy wheels and full repainting) are always compensated at current value regardless of vehicle age.
Total Loss Coverage
Covered
For passenger cars and trucks up to 3.5t gross weight, if the vehicle is a total loss (including uneconomical repair, i.e. repair cost exceeds 80% of current market value) or is stolen/robbed within the first year after first registration, the insurer pays 100% of the purchase invoice value if 0-6 months have elapsed since first registration, or 90% if 7-12 months have elapsed, subject to conditions (first registered owner, vehicle first put into circulation in Hungary with ≤1000 km via an authorised dealer within 1 year of manufacture under warranty, average Eurotax condition/mileage, damage-free until the event). From month 13 onward, or if these conditions are not met, the insurer pays the current market value (káridőponti forgalmi érték), capped at 115% of the Eurotax catalogue value, less the wreck (salvage) value.
Partial Damage Repair Coverage
Covered
Covers partial damage repair costs, with a wear-and-tear (betterment) deduction applied to parts and full repainting costs; until 6 years from first registration this deduction is limited to the same wear-item categories as under total loss. Material-handling costs are not reimbursed, and replacement of a repairable part beyond what is necessary is not compensated.
Theft and Robbery Coverage
Conditional
Covers theft or robbery of the insured vehicle or its parts, provided the vehicle was locked and the required anti-theft security device (meeting the AE-rated immobilizer/security specifications set out in the applicable clause) was functioning and properly used at the time of the event. Settlement follows the total-loss replacement-cost rules.
Glass Damage Coverage
Covered
Covers standalone damage to the vehicle's window glass (excluding roof-mounted glass panels, which are treated as töréskár/collision damage) caused by sudden mechanical impact or third-party vandalism. No deductible applies to a glass repair (as opposed to replacement) if the repair cost does not exceed 50% of the calculated (Audatex) material cost; otherwise the policy's glass deductible applies to replacement.
Natural / Elemental Perils Coverage
Covered
Covers damage caused by fire, explosion, lightning strike, landslide, rockfall/earthfall, collapse of a natural or artificial cavity, windstorm of at least 15 m/s, cloudburst, flood, inland inundation, other water inundation, hailstorm, falling snow/avalanche, and earthquake of at least magnitude 5 on the Mercalli-Sieberg scale, including damage from objects thrown onto or colliding with the vehicle as a result of these forces.
Vandalism / Malicious Damage
Covered
Damage intentionally caused by a third party is covered within the töréskár and üvegkár (glass damage) events; it is not a separately priced peril.
Transport, Storage and Guarding Cost Reimbursement
HUF 100,000
The insurer reimburses, without deduction of the deductible, reasonably incurred and invoice-documented transport, storage and guarding costs for the insured vehicle following a covered event, up to HUF 100,000 per claim event. Costs incurred outside Hungary are covered only if pre-approved by the insurer. This is a cost-reimbursement benefit handled during standard business hours, not a 24/7 roadside assistance service.
Replacement Vehicle Cost Coverage (Optional)
HUF 100,000
Optional add-on selectable at policy inception. For repairable damage, reimburses the rental cost of a same-or-lower category replacement vehicle for the manufacturer-technology repair time (per Audatex labour hours), up to 15 days; for total loss or theft, reimburses rental costs until the claim payment is made, up to 15 days. Requires a pre-approved rental quotation. Maximum HUF 100,000 per claim event and per insurance period.
Supplementary Driver/Passenger Accident Insurance (Optional)
Optional
Optional add-on selectable at inception, covering persons lawfully travelling in the insured vehicle (excluding fare-paying passengers) for death and permanent disability resulting from a casco-covered accident. Pays the policy-specified death benefit; 100% permanent impairment pays double the death benefit, with proportional payment for lower impairment percentages and no benefit below 50% impairment. No deductible applies.
Key conditions
Repair network requirements
Repair costs are only reimbursed if the repair is carried out professionally at a workshop in Hungary and documented by an invoice; the insurer verifies suspicious or unusual invoices, if necessary using an expert.
Territorial scope
Cover applies to events occurring within geographical Europe and the whole territory of Turkey; it excludes the non-EU successor states of the former Soviet Union.
Anti-theft requirements
Theft/robbery coverage requires that the vehicle was locked and equipped with a functioning, properly used security device meeting the AE-rated immobilizer (and, where applicable, anti-hijacking or tracking system) specifications set out in the policy's clauses; the vehicle's keys must be accounted for and safely stored.
Claim notification deadline
The claim must be reported without delay, and no later than 2 business days after discovery, in writing (post, email or the online claims portal); a fire must also be reported immediately to the fire department, and theft/robbery to the police with a report obtained.
Deductible rules
The deductible amount and method are set out in the policy and apply per claim event; events traceable to the same cause count as one event. No deductible is applied to transport/storage/guarding cost reimbursement or to glass repairs (as opposed to replacement) costing no more than 50% of the assessed material cost. The insurer may revise the deductible from the policy anniversary with at least 60 days' prior written notice.
Policy specifics
Gold Coverage (Arany fedezet)
Comprehensive motor insurance variant with full coverage including theft, fire, collision, and glass damage
SourceSource no longer reachableSilver Coverage (Ezüst fedezet)
Limited motor insurance variant covering elemental damage, breakage, and glass damage only
SourceSource no longer reachableSupplementary Passenger Insurance
Optional additional coverage for vehicle passengers for accident-related injury or death
SourceSource no longer reachablePersonal Property Coverage
Optional coverage for personal belongings in vehicle, covering repair or replacement costs
SourceSource no longer reachableRoof Glass Panel Reclassification
Glass panels mounted on the vehicle roof (e.g. panoramic roof glass) are excluded from the üvegkár (glass damage) event and are instead treated and settled as töréskár (collision damage), together with headlight lenses and other glass.
SourceSource no longer reachableDeductible (Self-participation)
Amount policyholder bears from each claim; specified in policy conditions
SourceSource no longer reachableRepair Network Requirement
Insurer covers repair costs only if performed by authorized workshop in Hungary with proper invoice
SourceSource no longer reachableTotal Loss Replacement Cost
If repair is not economical or vehicle is stolen/robbed, insurer pays replacement cost
SourceSource no longer reachableNo-Claims Bonus-Malus System
Premium adjusted based on claim history; good record reduces future premiums
SourceSource no longer reachableClaims Reporting Deadline
Insured must report claim in writing without delay, within 2 business days of loss
SourceSource no longer reachableClaims Settlement Timeline
Insurer must settle claim within 30 days of receipt of required documentation
SourceSource no longer reachableEuropean Coverage Scope
Claims arising in Europe are covered; coverage varies by specific contract terms
SourceSource no longer reachable