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       Car insurance made easy 


Making sure that you have the right car insurance policy can seem quite overwhelming, so we have put some information together to make it easy.

Car insurance is a legal requirement in Cyprus with Third Party insurance being the minimum level of insurance required by Law.  Third party insurance covers your legal liability to pay damages to third parties in respect of bodily injury, death and property damage arising out of the use of your motor vehicle.


Types of Insurance

Third Party insurance covers your legal liability to pay damages to third parties in respect of bodily injury, death and property damage arising out of the use of your motor vehicle.

Third party fire and theft covers everything that third party does, but also Fire damage, Theft of vehicle, Damage to your car caused during theft.

A comprehensive policy will provide you with the most extensive level of cover, including everything covered by third party, fire and theft, and usually Loss or damage to your vehicle.

  • Windscreen cover
  • Breakdown Assistance
  • Claims Assist
  • Loss of use
  • Accidental damage
  • Medical expenses

Some insurance companies also offer the following:

  • Driving other cars
  • Personal accident
  • Loss of Use
  • Replacement of vehicle with New ( only available if the Motor Vehicle is up to 12 Months Old)
  • Personal Belongings
  • Damage arising from Flood, Storm, tempest, hail and quake
  • Protection of no claims

However these extra covers are not standard with all comprehensive policies so it is important that each policy is fully explained to you to ensure that you are properly covered.


Driving Other Cars

MAKE SURE – that you are covered for this under your policy.

BE AWARE – that you will not be covered for any damage to the car that you are driving as you will be insured on a third party basis only.

IMPORTANT – always check that the car is currently insured and you have the owners permission to drive their car.

REMEMBER – that driving other cars is for emergency cover only and not for day to day use.

The driving other cars extension does not cover you for driving any car belonging to your immediate family or a second car owned by yourself.


No claims Bonus

It is important to understand that a ‘No Claims’ Bonus is not a ‘No Blame’ bonus.  So whether an accident is your fault or not when you make a claim it will affect your non claims bonus; unless of course your insurer recovers their costs from the other drivers’ insurance policy.


Filling in your application

When completing the application form it is your responsibility to answer all the questions honestly, if any of the information is found to be incorrect it could invalidate your insurance and your insurer may not pay out in the event of a claim.

It is important to make sure that each policy is fully explained to you so that you are sure it has the right level of cover and features that you require.

When Insurers calculate your car insurance premium they take many factors into account.  These will include the following:

Type of vehicle:  If you have an expensive or high performance vehicle this will be reflected in the premium.

Age:  Drivers under the age of 25 or with less than 2 years experience will always have to pay more for insurance as statistically they are more likely to make a claim.

Convictions:  Prior convictions can affect the price of your insurance.

Excess:  If you choose to have a higher excess; the amount that you will pay in the event of a claim, this will lower the insurance premium.

Always ensure that your documents are kept in a safe place and make a copy of your certificate of insurance to keep in your car.


Changes to your policy

For any changes that you want to make to your policy, such as your address or to add another driver; you must inform your insurance company.  This is important because if your information is false it could make any claims invalid.

It is also important to remember that any changes that you make to your policy like additional drivers will affect the premium.


Making a claim

In the event that you have an accident or your car is stolen it is important that you inform your insurance company straight away.  You can do this by calling the claims assist.  They will then send out their assessors who will take photographs and statements of what happened.


Cancellation of policy before it has ended

If you decide to cancel your policy before it has ended the insurance company will require the certificate of insurance returned to them and a cancellation form completed.  Once they have this they will refund you on a pro rata basis.

You may be charged if you cancel your policy before it has ended.  It is always best to consult with an agent before doing so, feel free to contact us.