Akcine draudimo bendrove "Gjensidige" Latvia branch

Territorial scope

The policy is valid throughout the EEA countries as well as Switzerland, Serbia, Andorra, Bosnia and Herzegovina, the UK and Northern Ireland, and Montenegro.

Green card rules

For journeys to countries outside the standard territorial scope (e.g. Albania, Bosnia and Herzegovina, Iran, Israel, North Macedonia, Morocco, Moldova, Tunisia, Turkey or Ukraine), the driver must additionally purchase a Green Card.

Driver restrictions

The insurer may bring a recourse (regress) claim against the driver if they operated the vehicle under the influence of alcohol, narcotic or other intoxicating substances, without a licence valid for the vehicle category, fled the scene of the accident or evaded a sobriety test, or failed to provide the insurer with the requested information about the accident.

Claim notification deadline

The insurer must be notified of the accident no later than 10 days from the moment it occurred, and a completed accident statement form must be submitted within the same period if one was used.

Bonus-malus rules

Latvia operates a unified national bonus-malus system with 17 classes: classes 1-5 are malus (higher-risk, surcharge) classes assigned to drivers who caused accidents, class 6 is the starting class for a new policyholder, and classes 7-17 are bonus (lower-risk, discount) classes for drivers with a claims-free history.

Compensation for damages caused to person

MTPL covers damages caused to a person in a traffic accident, with statutory limits of up to 6,450,000 euros per accident in Latvia

Compensation for damages caused to property

MTPL covers property damages including vehicle damage, total loss, and damage to other property/infrastructure, with statutory limits of up to 1,300,000 euros per accident in Latvia

Territorial coverage - EEA and beyond

Standard MTPL policy is valid throughout European Economic Area countries, Switzerland, Serbia, Andorra, Bosnia and Herzegovina, Montenegro, UK and Northern Ireland

Green Card (International Certificate) coverage

Optional international extension for vehicles registered in Latvia to obtain coverage when traveling in Green Card system member countries including Albania, Azerbaijan, Bosnia and Herzegovina, Iran, Israel, Morocco, Moldova, North Macedonia, Tunisia, Turkey, Ukraine

Mandatory insurance requirement

MTPL is compulsory for all motorized land vehicles (including trailers, mopeds, electric scooters) registered or participating in road traffic in Latvia

Third-party liability coverage only

MTPL covers liability for damages caused to third parties; does not cover the policyholder's own vehicle damage or losses incurred by the at-fault driver

Vehicle registration requirement

MTPL policy must be issued for vehicles that are registered, registerable, or will be registered in Latvia with relevant authorities (Road Traffic Safety Directorate or State Agency for Technical Surveillance)

Claims procedure and notification requirements

Claims must be submitted within defined timeframes (typically 10 calendar days for coordinated accident statements); coordinated statement possible if only two vehicles involved with minor damage; injury cases require police notification; Gjensigue accepts claims 24/7 via online portal