Company vehicle insurance can protect your cars, vans and machinery against traffic accidents, theft, fire and collisions with wild animals. The word “can” matters here: motor third party liability insurance (MTPL) is mandatory for vehicles registered in Estonia, but it only covers the damage you cause to others. Your own vehicle is protected only by CASCO or by additional covers added to your MTPL policy. For example, you can choose wild animal collision cover or roadside assistance even without full CASCO. The protection applies exactly to the risks you choose in the contract, which is why it is worth thinking the covers through together with a broker.
Why do you really need it? A company vehicle usually covers many times more kilometres than a family car, and the risk grows with every kilometre. When a van sits in the repair shop after an accident, orders go unfulfilled. If a leased vehicle is destroyed, the residual value still has to be paid to the leasing company. Insurance will not prevent an accident, but it will prevent one accident from knocking out your company’s cash flow. For leased vehicles, CASCO is usually required anyway.
Send us the form and we will find you the best offers from the insurers operating in Estonia and email you a comparison to review. The service is completely free for you. Anna-Liisa, who advises you as a partner of the Estonian insurance brokerage NB Kindlustusmaakler, will be in touch. The same form works for both company and private vehicles, and we use your data only to prepare the quote.