Car Insurance

In Cyprus, it is compulsory to have Third Party Car Insurance and you cannot drive without this policy. This is a policy that protects you if you have an accident with another vehicle and you are liable. This is different to Third Party Insurance in the UK as it does not cover anything to do with your vehicle in terms of fire and theft. It is literally the other vehicle and only covers up to 75000 TL towards that other vehicle. This can be increased for an extra premium.
In the past here in Cyprus, there was no such thing as a central database of customers and accidents across the island but this has recently been introduced and so all companies can see the history of car claims/accidents, and there is now a no claims database available for all Insurance companies and agents to see. The premium you pay for Insurance takes into account the value of your car, the age of Insured and the engine size of the vehicle as well as previous claim history. You can choose named driver policies or any driver policies here in Cyprus. A named driver policy is always cheaper than any driver. 
At the Azant Group, we work with Zirve Sigorta and we are expert in advising on Car Insurance to ensure you understand the best options for your vehicle. We ensure that you fully understand the terms and conditions of Car Insurance as well as the best options/products on offer across the island. If it is peace of mind that you are looking for, then look no further us here at Azant Insurance Agency.

Third Party also known as Trafik

Third Party Insurance comes with a standard 5 million Euro medical cover if you injure a third party or third parties with your car. The policy also includes a maximum of 75.000 TL worth of cover for damage to a third party property/vehicle or third parties in the case of an accident as part of the standard policy cover. For a higher premium, the cover of Third Party property/vehicle damage can be increased to 100.000 TL. If you wish to increase the cover to 100,000 from the standard, it will cost an additional 200 TL on top of your normal Third Party Premium. This is well worth considering especially at the moment when the exchange rate is so high. If you can recall 7 or so years ago when the exchange rate was around 2.3 TL to the pound then your 50000 TL of cover was worth around 21,000 GBP but at current rates this 75000 TL cover only covers around 20,000 GBP so almost the same value for an extra 25000 TL of cover but considering the amount of luxury high value cars on the road here, it’s not a very high amount of cover. So it is definitely worth considering an increase in cover as any expenses above that 75000 TL of damage would be your responsibility in the event of an accident. If you wish to cover your Third Party Policy for more than 100k TL then please talk to one of our advisors who can advise on the premiums involved in this.

Fully Comprehensive

With Fully Comprehensive your vehicle is covered for all eventualities. Natural perils such as floods, earthquakes and storms are all covered. Fire, theft and malicious acts are also covered. Collision of any kind resulting in damage to your car is covered whether it is your fault or not. We can also cover you for fully comprehensive on the Greek side of Cyprus although you still have to buy the Greek standard third party policy in order to enter the South. In addition, we are offering free breakdown and car hire cover. This is available twice a year for up to 4 days after the first 24 hours your car is off the road.  Normally you can only have fully comprehensive cover on cars up to age 10 years but if the car is in good condition then we are able to offer this cover up to approx. 15 years. For all comprehensive policies, we must take photographs of the car in advance of issuing the policy.
As an alternative to Fully Comprehensive, if your car is too old or you cannot afford to buy the Comprehensive cover then we have another option available:-

Third Party Plus/Collision Damage Waiver/Kismi Kasko

You can purchase a separate policy which will cover your vehicle in the event of a collision with another vehicle in which it is your fault. Normally you would have to pay your own damage yourself if you don’t have fully comprehensive but with this product you can cover your vehicle for up to 5000 TL for damage. Another vehicle must be involved in the collision and also a police report is essential or the policy does not pay out. This product does not cover anything other than collision with another vehicle. The premium is 350 TL for named driver and 400 TL for any driver.

When is your car not covered?

Car Insurance in Cyprus is all very clear and should be easily understood but if there is any form of alcohol and/or drugs involved then your Insurance is immediately invalid. You should also note that the Claims procedures that should be followed after an accident or damage to your vehicle.

For a free no obligation quotation, you can contact an English speaking member of staff on 0533 833 0841 or a Turkish speaking member of staff on 0533 829 3231 or you can email us on