The difference between ”Civil Liability” insurance and ”Comprehensive” insurance

In the dynamic world of insurance, it’s essential to understand the products and differences in their coverage to make informed choices. Trusti is here to be your digital insurance partner, dedicated to simplifying the insurance process, making it more accessible, fast, and convenient for you. In this context, today we will provide you with detailed content focused on the differences between “Civil Liability” insurance and “Comprehensive” insurance, aiming to clarify your coverage choices so you can make the right decision for yourself.

Coverage of “Civil Liability” insurance

“Motorist Civil Liability” insurance is a mandatory policy that is contracted for a period of 1 year. It covers property and non-property damages caused to third parties. This means that if you are involved in a road traffic accident caused by you, and your vehicle has injured a third party or damaged their property, the insurance company will cover the costs related to the innocent driver’s incident, including medical expenses, legal fees, and repair bills.

Fine for invalid Civil Liability insurance

If you do not have valid Civil Liability insurance coverage, the legal provisions impose a fine of 250 BGN for individuals and a penalty of 2,000 BGN for companies. Failing to affix the Civil Liability sticker to the lower left corner of the windshield results in an additional fine of up to 50 BGN.

Checking Civil Liability insurance

It’s important to check the validity of your Civil Liability insurance to ensure you remain protected on the road. This can easily be done online using the Trusti insurance calculator. This innovative tool will not only provide information on Civil Liability through the vehicle’s number and registration documents, but it will also offer you various quotes from insurance companies to choose from and buy your next insurance. Try it now with just three quick clicks to purchase your insurance online and select the best price and coverage for Civil Liability. You can also renew your insurance up to 45 days before the expiration date of the old policy.

Since Civil Liability insurance does not cover all the risks that may affect the responsible driver in case of damage, accident, or theft, it is advisable to secure this type of protection as well by taking out “Comprehensive” insurance.

Coverage of “Comprehensive” insurance

“Comprehensive” insurance is not mandatory, and it provides compensation to the owner or driver of the insured vehicle and is not provided to third parties. This type of insurance covers a much broader range of risks and offers the possibility of choosing different clauses to suit the individual needs of both individuals and companies, providing them with freedom and flexibility in choosing the appropriate coverage. Typically, the insurance period is one year.

There are three types of clauses for Comprehensive insurance:

• The “Minimal Comprehensive” clause covers the risks of fire and explosion (excluding arson and intentional explosion), and natural disasters.
• The “Partial Comprehensive” clause additionally covers all the aforementioned risks, as well as damage caused by a road traffic accident (RTA), incidents while the vehicle is stationary, incidents while parked, and sudden opening of the vehicle’s hood or doors.
• The “Full Comprehensive” clause offers maximum coverage, including all of the above risks as well as insurance against theft or robbery.

Cost of Comprehensive insurance

The cost of Comprehensive insurance is determined as a percentage of the vehicle’s value, which is established using the “Schwacke” catalog. When renewing comprehensive insurance, the vehicle’s damage history for the previous year is also taken into account—this is known as the Bonus-Malus system. This system determines the insurance premium based on the owner’s individual damage history. Drivers without damages during the previous year receive a bonus, reducing the premium for the next period, while those with damages may face an increase in the premium.

Conclusion

In conclusion, we can say that “Civil Liability” insurance mainly focuses on liability to other road users, while “Comprehensive” insurance also covers damages to the insured’s own vehicle. It’s important to note that Civil Liability is legally mandatory, while Comprehensive insurance is optional but offers more extensive and additional coverage. The choice between the two depends on the insured’s individual needs and the level of protection they want to ensure for themselves and their vehicle.

And don’t forget that it’s important to check the validity of your Civil Liability insurance on your vehicle, otherwise, you’ll have to pay hefty fines. Check its validity now with Trusti’s insurance calculator and get a quote.