Liability Coverage

 

If you are a registered car owner or an operator of a vehicle, you have to possess vehicle liability insurance (GFB) according to an existing government regulation.


With vehicle liability insurance the insurance company takes responsibility for the damage you caused during accidents, and reimburses the value of the damage to the person harmed.

 

 

 

What to know about GFB:

 

  • You can pay the fee by postal cheque, by bank transfer, by group debit deduction – the insurance company may grant fee discounts depending on payment mode
  • You can pay the fee quarterly, semi-annually, annually – depending on frequency of your payment the insurance company may grant fee discounts
  • In the case of the  lack of valid GFB insurance the Association of Hungarian Insurance Companies (MABISZ) takes responsibility instead of the person causing the damage, but the responsible party has to pay a significant daily fee for the non-insured days afterwards

 

Ask for our colleagues’ help for details and calculation!

 

Basic data needed for the calculation:

 

  • type of vehicle (e.g. cars), make (e.g. Opel), name of model (e.g. Corsa Comfort), year, cylinder capacity, horsepower, weight, number of doors, type of use (e.g. normal, racing, etc.), type of fuel,  license plate number;
  • personal data of registered car owner/ operator of a vehicle: gender, zip code in registration certificate, age,date of issue of driving licence
  • in case of changing insurance company the particular data of the former policy e.g. bonus, malus classification

 

 

Further data might be needed for possible sales!

 

Do you have more questions? Contact us here!


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