If P&C Insurance AS Latvia Branch
If
If is a motor third-party liability insurance for the Latvia market with online purchase and 24/7 assistance.
Direct payment
Premiums must be paid by the deadline and in the amount stated in the policy, via bank transfer or bank payment card.
Geographic scope
Latvia
Coverage is valid in European Economic Area countries, Switzerland, Serbia, Andorra, Bosnia and Herzegovina, the United Kingdom and Northern Ireland, and Montenegro; if an accident occurs outside Latvia, the liability limits of that country's own legislation apply.
Unique selling points
- Buying OCTA directly on If's website saves up to 10% compared to other purchase channels.
- Policy terms can be chosen flexibly for 1, 3, 6, 9 or 12 months instead of a fixed annual term.
- The optional 'Atlīdzība pie If' add-on lets policyholders claim directly from If, including arranging vehicle repairs, without approaching the at-fault driver's insurer.
- Customer support is available by phone 24 hours a day, every day.
- Claims can be filed conveniently through the If Mobile Baltics app or the Mans If self-service portal.
Coverage limits
Bodily injury liability
€6,450,000
Statutory minimum compensation for injury or death caused to a third party in a road accident, up to 6,450,000 EUR regardless of the number of injured persons.
Property damage liability
€1,300,000
Statutory minimum compensation for property damage (including to another vehicle) caused to third parties in a road accident, up to 1,300,000 EUR regardless of the number of parties affected.
Legal defence costs
No limit stated
Not mentioned in the reviewed OCTA Standard Contract, OCTA+ or Green Card IPID documents.
Green Card (international liability cover)
Optional
Separate optional policy required for travel to non-EEA countries not automatically covered by the OCTA Standard Contract (e.g. Albania, Azerbaijan, Morocco, Moldova, North Macedonia, Tunisia, Turkey, Ukraine); compensation limits and exclusions are set by the legislation of the country where the accident occurs, not by If.
Roadside assistance
No limit stated
Not mentioned as part of the OCTA Standard Contract, OCTA+ or Green Card IPIDs reviewed.
Driver's own injury / own-vehicle damage
Excluded
Standard OCTA does not cover damage the policyholder causes to themselves or to their own property/vehicle in an accident they caused; this requires separate CASCO cover.
Passenger accident (fixed benefit)
No limit stated
No separate fixed passenger-accident benefit is mentioned; a passenger's bodily injury is covered under third-party bodily injury liability if the policyholder caused the accident.
Key conditions
Territorial scope
OCTA Standard Contract is valid in EEA countries, Switzerland, Serbia, Andorra, Bosnia and Herzegovina, the UK and Northern Ireland, and Montenegro; a separate Green Card is required for other countries such as Turkey, Ukraine or Morocco.
Green card rules
A Green Card cannot be purchased for EEA countries, Switzerland, the UK/Northern Ireland, Serbia, Andorra, Bosnia and Herzegovina or Montenegro, as these are already covered by the Standard Contract; it is required for Albania, Azerbaijan, Morocco, Moldova, North Macedonia, Tunisia, Turkey and Ukraine.
Driver restrictions
Not specified in the reviewed IPID documents.
Claim notification deadline
The insurer must be notified as soon as possible, and no later than 10 days after the accident date, by submitting a completed coordinated statement or written notice if the accident was recorded by the State Police.
Bonus-malus rules
Not specified in the reviewed OCTA IPID documents; the general Bonus-Malus driving-history pricing system in Latvia was replaced by a centralized insurance-history information service as of 1 August 2024.
Policy specifics
Direct Loss Regulation (DLR) - Indemnity from your own insurer
Optional add-on (OCTA+ Atlīdzība pie If) allowing policyholders to claim from their own insurer instead of the at-fault party's insurer; claims are settled directly by If without requiring a separate CASCO policy
SourceInternational Insurance Agreement (Green Card)
Separate optional policy for travel to countries outside the standard EEA coverage territory (Albania, Azerbaijan, Morocco, Moldova, North Macedonia, Tunisia, Turkey, Ukraine); required for vehicles crossing into non-EEA countries
SourceStandard coverage territory (EEA+ countries)
OCTA Standard Contract covers European Economic Area countries, Switzerland, Serbia, Andorra, Bosnia and Herzegovina, United Kingdom and Northern Ireland, Montenegro
SourceMinimum compensation limits (statutory)
MTPL law establishes mandatory minimum compensation limits: up to 6,450,000 euros for damages to persons regardless of number of injured; up to 1,300,000 euros for property damages regardless of number of third parties
SourceStandard claims procedure (third-party liability)
For standard OCTA: injured party must claim from the at-fault driver's insurer, not from their own; requires submission of coordinated accident statement (Saskaņotais paziņojums) to at-fault party's insurer; claim processing follows at-fault insurer's procedures
SourceNo coverage for own vehicle damage (standard OCTA)
Standard OCTA does not cover damage to the insured's own vehicle caused by traffic accident where the insured is at fault; only covers damage caused to third parties; own vehicle damage requires separate KASKO insurance
SourceTerritorial activation and automatic termination conditions
OCTA contract automatically terminates if: registered vehicle re-registers in Latvia after being registered in another EEA/Swiss country; vehicle changes registration number via re-registration; vehicle transferred to dealer for sale; financing arrangement holder changes (in leasing). Policy valid only while vehicle participates in traffic
SourceEarly termination rights before policy expiry
Policyholder may unilaterally terminate before expiry by submitting notice to insurer if: vehicle permanently exits ownership/possession (theft/robbery with police report); vehicle exported from Latvia and not re-registered; vehicle declared total loss by competent authority; due to error in policy information; upon reasonable cause per OCTA law
SourceInsured persons under standard OCTA
Standard OCTA covers: vehicle owner, registered vehicle holder (in leasing/financing), and any authorized driver. For claims: injured third parties (pedestrians, vehicle occupants, property owners) can claim damages from the insurer of the at-fault vehicle
Source