The insurance amount cannot exceed the actual value of the car at the time of concluding the insurance. It is determined based on provided data about the car`s make and model, manufacturing year, engine displacement, fuel type, kilowatts/horsepower, number of doors, and other technical characteristics.

In the event of an insured incident, compensation is paid proportionally to the actual value of the car at the time of the incident.

The insurance is valid within the territory of the Republic of Bulgaria, Europe, and the entire territory of the Republic of Turkey.

After determining the insurance amount of the car, the insurance premium (policy price) is calculated. Then, a policy with a payment document is issued. The following documents are necessary for issuing the policy: vehicle registration certificate; for newly purchased vehicles: the invoice for its purchase; a valid roadworthiness certificate (Technical Inspection), proving the car`s condition at the time of policy conclusion.

With the issued policy, the vehicle must undergo an inspection by the insurer.

Before concluding the insurance, the insurer may require the vehicle to be equipped with an alarm/an immobilizer/a GPS.

The standard Casco insurance is concluded for a period of one year.

For the convenience of customers, insurance companies offer the option to pay in installments. When installment payments exceed one, there may be a slight increase in the price.

24ins will provide you with a free reminder of your policy expiration, through the method you choose: via email, a call to your mobile phone, аn SMS, or a Viber message.

We advise you to not only choose the most advantageous offer when concluding the insurance but also to opt for a reputable insurance company that you trust.

The payable premium for "Casco" insurance is calculated based on a tariff rate - a percentage of the insured amount for the respective vehicle. It is determined by the type of vehicle, its manufacturing year and the insurance coverage.

The insured amount for the vehicle is equal to its actual value. It is determined by the insurer based on the vehicle`s manufacturing year, current equipment, technical condition, mileage, and other factors.

!!! The policy becomes effective after an inspection of the vehicle by the insurer.

In the event of an insured event, you should contact:

- The relevant competent authorities, according to the type of insurance event (traffic police, fire and emergency services, etc.) and

- The insurance company.

Afterwards, you will receive instructions on the subsequent actions you need to take to benefit from the insurance coverage.