Genertel Biztosító Zrt.
Genertel
Genertel is a motor third-party liability insurance for the Hungary market with online purchase and limited assistance availability.
Direct payment
Claims are settled primarily by bank transfer to the claimant; postal payment is used only when bank transfer is not possible.
Geographic scope
Hungary
Coverage applies to the territory of the EEA member states and Switzerland, as well as to the territory of those Green Card system countries whose national bureau has concluded a bilateral agreement with the Hungarian National Bureau (MABISZ).
Unique selling points
- Fully digital, direct-to-consumer distribution: the policy can be quoted, purchased and managed entirely online or by phone without a personal intermediary.
- Backed by the Generali Group, one of Europe's largest insurance groups, supervised by IVASS at group level.
- Wide ecosystem of low-cost optional add-ons (theft casco, defect/pothole/windscreen cover, occupant accident insurance, bicycle liability, roadside assistance) that can be attached to the base MTPL policy.
- Online self-service claim reporting portal available around the clock via genertel.hu.
Coverage limits
Bodily injury liability limit
€6,450,000
Regardless of the number of injured parties, the insurer is liable per claim event up to the HUF equivalent of EUR 6,450,000 for bodily injury claims, including any claim on any legal basis, legal representation costs and accrued interest.
Property damage liability limit
€1,300,000
Regardless of the number of injured parties, the insurer is liable per claim event up to the HUF equivalent of EUR 1,300,000 for property damage claims.
Legal defence cover
No limit stated
The reviewed terms and conditions, IPID and product information sheet do not list a standalone legal defence/legal expenses cover as part of the base MTPL product.
Green Card
Covered
The insurer issues a Green Card confirming MTPL cover, valid in all countries of the Green Card system; further information is available via MABISZ's National Bureau website.
Roadside assistance (Genertel Assistance)
Optional
Only in Genertel Assistance
Optional add-on providing information service, roadside repair/breakdown assistance, vehicle towing to the nearest authorized garage, and vehicle storage, available within Hungary only, up to once per insurance year.
Driver accident cover
HUF 1,000,000
Only in Járműben Ülők Balesetbiztosítása
Optional 'Vehicle Occupants Accident Insurance' add-on pays HUF 1,000,000 per authorized seat (including the driver) in case of death resulting from an accident during use of the vehicle, occurring within one year of the accident; only one accident per policy year is covered.
Passenger accident cover
HUF 1,000,000
Only in Járműben Ülők Balesetbiztosítása
Optional 'Vehicle Occupants Accident Insurance' add-on pays HUF 1,000,000 per authorized seat occupied by a passenger in case of death resulting from an accident during use of the vehicle, occurring within one year of the accident; if more people travel than authorized seats, benefits are reduced proportionally.
Key conditions
Territorial scope
Coverage applies throughout the EEA member states and Switzerland, plus Green Card system countries whose national bureau has a bilateral agreement with the Hungarian National Bureau (MABISZ).
Green card rules
The insurer issues a Green Card as proof of MTPL cover, valid in all Green Card system countries; further information is available via MABISZ's National Bureau.
Driver restrictions
The policy covers any person lawfully using the insured vehicle with the operator's consent; however, the insurer may pursue recourse (visszkereset) against the driver in cases such as driving under the influence of alcohol/drugs, driving without a valid licence, or unauthorized use of the vehicle.
Claim notification deadline
The injured third party must report the claim to the insurer within 30 days of the event or of becoming aware of it; the policyholder/insured must report the claim in writing within 5 working days.
Bonus-malus rules
Premiums are adjusted via a mandatory bonus-malus system consisting of one base class (A00), 10 bonus classes (B01-B10) and 4 malus classes (M01-M04), reassessed at each annual renewal based on claims history under NGM Decree 21/2011 (VI. 10.).
Where to buy
Policy specifics
Personal injury coverage limit per claim
Maximum coverage for personal injury claims per incident, typically set by statutory limits under Hungarian MTPL law
SourceProperty damage coverage limit per claim
Maximum coverage for property damage claims per incident, set according to Hungarian MTPL statutory requirements
SourceMotor history certificate (claim history documentation)
Required documentation proving the insured vehicle's claim history with previous insurers in Hungary or other EU member states
SourceBonus-Malus classification system
Hungarian mandatory rating system that adjusts premiums based on claim history; governed by specific regulation (21/2011 NGM)
SourceClaim reporting deadline
Maximum timeframe within which insured must notify insurer of claim event; typically 5 working days for KGFB claims
SourceClaims settlement payment timeframe
Obligatory timeframe by which insurer must complete claims assessment and make payment after receiving all necessary documentation
SourceSupplementary insurance add-ons available with base KGFB
Optional extensions to basic KGFB coverage (e.g., miniCasco EXTRA, Vehicle Occupants Accident Insurance), subject to separate terms
Source