GRAWE Casco (own-damage car insurance) (Casco)

Damage to the insured vehicle is covered as follows by tier: Simplu covers natural perils (lightning, falling stones, landslides, floods, avalanches, hail, storms, water overflow, floods, earthquakes, snow weight) and fire or explosion (excluding fire/explosion caused solely by driver fault). Complet adds: collisions with other vehicles or objects, falling objects on vehicle, collision with moving animals on public roads, and damage while parked. Top adds: theft/robbery, vandalism, and glass breakage. Compensation is limited to the market value of the vehicle at the time of the insured event (insured sum). Total loss is declared when estimated repair costs exceed 75% of the insured sum or the vehicle is stolen.

Total loss is declared when the vehicle is damaged in an insured event and estimated repair costs exceed 75% of the insured sum, or if the vehicle is stolen. In case of total loss, the insurer pays the market value of the vehicle at the time of the loss (equivalent to a vehicle of the same type, quality, and wear), less the salvage value (determined by auction or technical expert appraisal), transport costs, the deductible, and any other amounts due under the contract. Indemnity cannot exceed the insured sum or the actual vehicle value.

In case of partial damage, the insurer covers repair costs (based on an estimate approved before repair begins), plus recovery and transport costs to the nearest suitable repair unit up to 100 km and 100 EUR. If the insured opts for self-repair, the insurer reimburses estimated costs (excluding VAT) calculated at local dealer rates with a 50% discount on labour and parts. Non-partner repair unit costs are reimbursed at standard calculated values at local dealer rates. Improvements or modifications to the vehicle, wear-related repairs, and loss of use costs are not covered.

Covered only in the Top tier. Covers theft or robbery of the vehicle by persons who are not relatives (up to 4th degree) or legal associates (employees/agents) of the policyholder/insured. Also covers costs for replacing the lock/unlock/blocking/unblocking set due to theft or loss of keys/cards/remote controls, and costs for theft-prevention measures taken by the insured. For total theft: insured must present vehicle ID, registration certificate, and all keys within 48 hours. If the vehicle is recovered after indemnity payment, it becomes the insurer's property. Recovery costs after a reported theft are indemnified up to 2% of the insured sum without deductible retention. A 30% deductible of the insured sum applies to total theft risk for Bulgaria and Republic of Moldova. Not covered in Simplu or Complet tiers.

Covers breakage of windshields, side windows, rear windows, and glass or panoramic roofs for passenger cars and light commercial vehicles up to 3.5 tonnes maximum weight, regardless of cause. Under the Top tier, glass breakage is covered as a standalone peril. Under the Complet tier, glass breakage is covered only when multiple vehicle elements are damaged together with the glass as a result of an insured event. Not covered under the Simplu tier.

Included in all tiers (Simplu, Complet, Top). Covers direct effects of: lightning, falling stones from slopes, landslides, flash floods, avalanches, hail, storms, water overflow, floods, earthquakes, and snow weight. Also includes damage caused by the collision of objects carried by natural phenomena with the insured vehicle. Fire and explosion (including from technical causes) are also covered in all tiers, except where caused solely by driver fault.

Covered only in the Top tier. Covers intentional destruction or damage to the insured vehicle by a person or group who does not seek to take the vehicle or its components. The perpetrators must not be relatives (up to 4th degree) or legal associates (employees/agents) of the policyholder/insured. Not covered in Simplu or Complet tiers.

Roadside assistance is not included in the CASCO policy terms and conditions.

Replacement vehicle coverage is not mentioned in the CASCO policy terms and conditions (CGAAC 2020) or the IPID. The policy explicitly excludes losses caused by lack of use of the vehicle (indirect/consequential losses). No replacement vehicle benefit is provided under this product.