Swedbank Motor third-party liability (Mtpl Standard)
Underwritten by Swedbank P&C Insurance AS Lietuvos filialas · Lithuania
motor third-party liability insurance from Swedbank for the Lithuania market, with online purchase.
Last verified May 20, 2026Sources
Unique selling points
Free roadside assistance included throughout Lithuania even for minor incidents such as wrong fuel or flat battery, at no extra cost.
Instant online purchase available 24/7 through Swedbank internet banking with immediate policy issuance via the built-in price calculator.
Seamless integration with Swedbank banking services allows premium payment by automatic e-invoice directly from the customer's bank account.
Promotional free vehicle transportation on mechanical breakdown included when signing a new 12-month MTPL contract within the promotional period.
Backed by Swedbank Group, one of the leading Nordic-Baltic financial groups, providing strong financial stability and a well-known trusted brand.
Coverage limits
Bodily Injury Liability
€6.5M
Covers personal injury (including non-pecuniary damage) caused to third parties in a traffic accident, up to the statutory minimum limit per event regardless of the number of injured parties.
Section: Worth knowing
The minimum sum insured under compulsory insurance in the Republic of Lithuania, whatever the number of injured third parties is 6.450.000 euros for personal injury (including non-pecuniary damage) and 1.300.000 euros for damage to property.
Property Damage Liability
€1.3M
Covers damage to third-party property caused in a traffic accident, up to the statutory minimum limit per event regardless of the number of injured parties.
Section: Worth knowing
The minimum sum insured under compulsory insurance in the Republic of Lithuania, whatever the number of injured third parties is 6.450.000 euros for personal injury (including non-pecuniary damage) and 1.300.000 euros for damage to property.
Legal Defence
No limit stated
Legal defence cover is not offered as part of the standard Swedbank MTPL product.
Green Card (International Motor Insurance Certificate)
Covered
The MTPL policy is valid in Lithuania and all Green Card system member countries (EEA member states, Switzerland, and other Green Card member countries). The Green Card serves as proof of valid compulsory MTPL insurance when travelling abroad.
Roadside Assistance
Covered
Free roadside assistance is included with the Swedbank MTPL insurance policy throughout Lithuania. Assistance covers breakdowns including wrong fuel, flat battery, and similar incidents. Extended roadside assistance options are available for an additional fee.
Driver Accident Insurance
Excluded
Accident insurance for the driver is not included in the standard Swedbank MTPL product and is not listed as an available add-on.
Key conditions
Driver restrictions
The MTPL contract covers civil liability of the insured and any other person lawfully driving the insured vehicle. There are no named driver restrictions under standard Lithuanian MTPL law; any person driving with the owner's permission is covered. However, the Bonus-Malus class is assigned to the vehicle owner/registered holder and influences the premium.
Claim notification deadline
In the event of a traffic accident, notify the police immediately where required by road traffic rules. Within 3 working days of the accident, notify your insurer in writing (if you are at fault) or the at-fault party's insurer (if you are the victim). Within 5 working days, notify your insurer in writing of any claim or legal action filed against you for compensation.
Bonus-malus rules
The Bonus-Malus system is managed centrally by the Motor Insurers' Bureau of the Republic of Lithuania (CAB). The BM class is calculated based on the vehicle owner's insurance history (number of insurance days and at-fault claims over the last 11 years). A new insured starts at class 6 (neutral). Classes 7–17 attract premium discounts (Bonus); classes 1–5 attract premium loadings (Malus). BM classes are recalculated annually on 15 September.
Territorial scope
Valid throughout Lithuania and in all Green Card system member countries (EEA, Switzerland, and other Green Card member states)
Documents
Swedbank MTPL product page (private customers) – Lithuania (opens in a new tab)
Other document · PDF
Bank of Lithuania – Swedbank P&C Insurance AS Lietuvos filialas regulatory entry (opens in a new tab)
Other document · PDF
Swedbank P&C Insurance AS Lithuanian Branch – official subsidiary page (opens in a new tab)
Other document · PDF
Policy specifics
Vehicle Transportation Service
Free vehicle transportation service in case of mechanical breakdown or accident
SourceMinimum Coverage Limits
Compulsory MTPL in Lithuania covers up to EUR 6,450,000 for personal injury (including non-pecuniary damage) and EUR 1,300,000 for property damage per accident, regardless of the number of injured parties
SourceGeographic Coverage
MTPL insurance coverage is valid in Lithuania, all EU/EEA member states and Switzerland, and extends to other Green Card system countries listed on the Green Card issued with the policy
SourceSources
Swedbank Motor third-party liability