Euroins Romania Asigurare-Reasigurare SA
Euroins
Euroins is a motor third-party liability insurance for the Romania market with no online purchase and limited assistance availability.
Direct payment
Euroins Romania's authorization was withdrawn by ASF on 17 March 2023 and the company entered bankruptcy (Tribunalul București, 9 June 2023, confirmed definitively by Curtea de Apel București on 11 February 2025). Claims against Euroins policies are handled by Fondul de Garantare a Asiguraților (FGA). No direct payment service is currently available from Euroins.
Geographic scope
Romania and internationally per Green Card / multilateral agreement zones
Romania; EU/EEA member states; Switzerland; transit territories between EU states lacking a national bureau; states whose national bureau signed the multilateral agreement
Unique selling points
- Coverage valid across all EU/EEA member states, Switzerland, and multilateral agreement signatory countries — Green Card included automatically.
- Family members of the insured or driver are explicitly not excluded from bodily injury compensation as third parties.
- Premiums can be paid in full or in installments, by cash, card, or bank transfer.
- Injured parties have a statutory right to freely choose any car repair workshop without restriction from the insurer.
- RCA contracts can be tailored from 1 to 12 months in monthly increments, with short-term options for imports, exports, and provisional registration.
Coverage limits
Bodily injury and death liability
Covered
Covers third-party bodily injury and death caused by vehicle accidents. The statutory minimum limit was EUR 6,070,000 per accident under the original Law 132/2017; Law 181/2025 (in force 17 November 2025) replaced this with 31,926,210 RON per accident including moral damages. Family members of the insured or driver are not excluded from coverage for their own bodily injuries. Compensation follows the law of the member state where the accident occurred, or Romanian law if the latter is higher; for injured parties who are EU citizens, Romanian law limits apply.
Property damage liability
Covered
Covers material damages to third-party property caused by vehicle accidents, including: vehicle repair costs to restore to pre-accident condition, loss of use of the damaged vehicle, transport costs for the damaged vehicle, and court costs awarded to the injured party (or alternative dispute resolution costs where outcome is favorable to the injured party). The statutory minimum limit was EUR 1,220,000 per accident under the original Law 132/2017; Law 181/2025 (in force 17 November 2025) replaced this with 6,434,740 RON per accident.
Legal defence / court costs
Covered
Court costs incurred by the injured party in civil proceedings, and costs related to alternative dispute resolution where the outcome is favorable to the injured party, are included within the property damage liability limit. No separate sub-limit is stated in the IPID.
Green Card (international motor insurance certificate)
Covered
RCA coverage is valid in Romania, EU/EEA member states, Switzerland, transit territories between EU member states lacking a national bureau, and states whose national auto bureau signed the multilateral agreement. The Green Card certifies this international validity.
Roadside assistance
Excluded
Roadside assistance is not part of the mandatory RCA (MTPL) product as described in the Euroins IPID. It is not mentioned among covered perils and is not a statutory component of Romanian MTPL under Law 132/2017.
Driver accident (at-fault driver's own injury/death)
Excluded
Explicitly excluded: damages to the property of the driver of the vehicle responsible for the accident, and damages arising from bodily injury or death of that driver, are not covered regardless of who claims them. The at-fault driver's own losses are a statutory exclusion under Romanian MTPL.
Passenger accident (passengers as third parties)
Covered
Passengers in the at-fault vehicle are treated as third parties and are entitled to compensation for bodily injury or death under the bodily injury liability limit. Family members of the insured, driver, or any other person whose civil liability is engaged are explicitly not excluded from coverage for their own bodily injuries.
Key conditions
Territorial scope
Coverage applies in Romania, all EU/EEA member states, Switzerland, transit territories between EU member states without a national auto bureau, and states whose national auto bureau signed the multilateral agreement. Compensation level follows the law of the member state where the accident occurred, or Romanian law if that is higher; for injured EU citizens, Romanian law limits apply.
Green card rules
The RCA policy serves as the Green Card for international travel within the zones listed in the territorial scope. The Green Card is automatically included with the RCA contract and is valid in all signatory countries of the multilateral agreement.
Driver restrictions
No RCA contract is issued for individuals or legal entities that use vehicles exclusively for training, races, competitions, or legally organized rallies. The at-fault driver's own property damages and bodily injury/death are excluded from coverage.
Claim notification deadline
Following a vehicle accident, the insured must notify the RCA insurer within 5 business days of the accident occurrence. The insured must also provide Euroins with information about the causes and circumstances of the accident and documents necessary for case handling.
Bonus-malus rules
The RCA contract records the bonus/malus class, which affects the premium. The bonus/malus class is stated in the policy document. Specific class transition rules are set by ASF regulations and are not detailed in the Euroins IPID.
Policy specifics
Territorial scope - EEA and special transit routes
RCA coverage applies within EU/EEA member states, Swiss territory, and designated transit routes between EU states
Compensation limits
EUR 1,220,000 per accident for material damages; EUR 6,070,000 for bodily injuries and death
Family member bodily injury coverage
Family members of the insured, driver, or other persons whose civil liability is engaged in a vehicle accident are not excluded from benefit of insurance for their own bodily injuries
Direct settlement service (Decontare directă)
Optional auxiliary service allowing injured party to receive compensation from their own insurer rather than the at-fault driver's insurer, subject to conditions: accident in Romania, both vehicles registered in Romania, damages to vehicles only, no bodily injuries, both policies valid at time of accident
Contract duration options
RCA contracts can be concluded for periods between 1 and 12 months, in multiples of one month, at insured's option
Premium payment options
Insurance premiums can be paid in lump-sum or installments, as agreed in the contract
Free choice of repair service provider
Prejudiced persons may choose any car repair service provider without being limited or influenced by the insurer
Accident notification obligation
Insured must notify RCA insurer of accident occurrence within 5 business days and provide information about causes and circumstances, and necessary documents for case handling
Policy suspension possibility
MTPL insurance contracts may be suspended upon the insured's express written request