Generali Insurance Company Ltd.
Generali
Generali is a motor third-party liability insurance for the Hungary market with online purchase and limited assistance availability.
Direct payment
Claims are settled in cash, primarily via bank transfer to the injured party's owner or their duly authorised representative; if bank transfer is not possible, payment is made by postal order.
Geographic scope
Hungary
Coverage extends to the territories of the EEA member states and to those Green Card System countries whose national bureau has a bilateral agreement with the Hungarian National Bureau (MABISZ); the policy also covers the Green Card Convention countries.
Unique selling points
- Can be quoted and purchased fully online in minutes, with an e-communication discount applied.
- Backed by the financial strength of a large, internationally established insurance group.
- A broad set of optional add-ons (pothole, luggage, wildlife/domestic animal, storm and hail damage cover) can be attached to the mandatory policy for only a few thousand forints a year.
- Policyholders who select the Accident or Technical Assistance add-ons get 24/7 access to the Generali Autós Assistance helpline.
- Multiple claim-reporting channels are available: mobile app (e-kárbejelentő), online portal, phone, email, in person, or by post.
Coverage limits
Bodily injury liability
€6,450,000
Per insured event, regardless of the number of injured parties, the insurer is liable up to the HUF equivalent of EUR 6,450,000 for personal injury claims, including enforcement costs and interest.
Property damage liability
€1,300,000
Per insured event, regardless of the number of injured parties, the insurer is liable up to the HUF equivalent of EUR 1,300,000 for property damage claims, including enforcement costs and interest.
Legal defence / legal protection
Optional
The 'AutósTárs' motor vehicle legal protection insurance can be purchased as an optional add-on to the mandatory MTPL policy; no specific sum insured is disclosed in the source documents.
Green Card
Covered
The policy automatically covers use of the vehicle in all Green Card Convention countries and EEA member states; the insurer issues the Green Card document confirming this cover.
Roadside / technical assistance
Optional
'Műszaki segítségnyújtás' (technical assistance) and 'Baleseti assistance' (accident assistance) are optional add-ons to the mandatory MTPL policy; selecting either gives access to the Generali Autós Assistance helpline.
Driver accident cover
Optional
The 'Bennülők balesetbiztosítása' (occupants' accident insurance), which can include the driver, is available as an optional add-on to the mandatory MTPL policy; no specific sum insured is disclosed in the source documents.
Passenger accident cover
Optional
The 'Bennülők balesetbiztosítása' (occupants' accident insurance) covering passengers is available as an optional add-on to the mandatory MTPL policy; no specific sum insured is disclosed in the source documents.
Key conditions
Territorial scope
The policy's territorial scope covers the territories of the EEA member states and the territories of those Green Card System countries whose national bureau has concluded a bilateral agreement with the Hungarian National Bureau consistent with the Internal Regulations.
Green card rules
The insurer issues a Green Card, an internationally recognised document confirming MTPL cover in Green Card System countries; further information on the National Bureau system is available via MABISZ (mabisz.hu/nemzeti-iroda).
Driver restrictions
The insured persons under the policy are the vehicle's registered operator (holder) and the person driving the vehicle; the law does not set out a general age restriction for drivers within the reviewed documents, but the insurer may pursue recourse against a driver who used the vehicle without permission, without a valid licence, or while impaired.
Claim notification deadline
The injured party must report the claim to the insurer within 30 days of the occurrence of the event or of becoming aware of it; the insured (policyholder) must submit a written report with the necessary data within 5 working days.
Bonus-malus rules
The mandatory Hungarian bonus-malus system (governed by NGM Decree 21/2011) consists of a base class (A00), 10 bonus classes and 4 malus classes; classification is adjusted at each policy renewal based on claims history recorded in the national claims database.
Policy specifics
Third-party liability coverage limits
Statutory maximum coverage limits for personal injury and property damage claims as defined by Hungarian MTPL law
SourceBonus-malus rating system
Mandatory Hungarian system that adjusts premiums based on claim history and driving record
SourceExcluded risks
Statutory exclusions under Hungarian MTPL law including war, terrorism, and certain vehicle use scenarios
SourceClaim settlement process
Insurer must settle claims according to MTPL law procedures with specific documentation requirements and timeframes
SourcePremium payment terms
Annual or monthly premium payment options with various payment method discounts (bank transfer, direct debit)
SourceContract termination conditions
Policyholder may terminate the contract at end of insurance period with 30 days written notice and no justification required
Source