Third Party 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 or European Countries as it does not cover anything related to your vehicle in terms of fire and theft. It is literally the other vehicle and only covers up to 500,000 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 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 age of Insured, age of the vehicle 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 experts 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 than us here at Azant Insurance Agency.
Third Party Insurance comes with a standard 8 million TL medical cover if you injure a third party or third parties with your car. If you wish to cover your Third Party Policy for more than 500,000 TL then please talk to one of our advisors who can advise on the premiums involved in this.
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 [email protected].
