So far we knew that compulsory insurance was covered by third parties. However, since June 1st, this has changed. All vehicles must now be insured for natural disasters. The Insurancemarket, No1 online insurance platform in Greece, It brings together all the options for you to easily find the package that suits you and to cover your vehicle properly, as provided by the new legislation.
What changed from June 1st to vehicle insurance?
Changed what is considered mandatory in car insurance and machine. Most, It is necessary to have coverage for floods and forest fires In your vehicle. Simply put, if your car is damaged by extreme weather and you do not have this coverage, No state compensation is provided by the statein accordance with Law 5162/2024.
The new liability applies And for businesses. Those who have an annual revenue of over € 500,000 must insure their vehicles for the risk of earthquake.
What does security cover for natural phenomena?
Coverage for natural phenomena differ from insurance to insurance, and this often confuses drivers trying to find what suits them. The Insurance field It makes the process simpler by offering three clear levels of protection: Basic, Extra and Premium with hail.
The Basic includes Cover for flooding and forest fireoffering the basic security required by the new legislation. For those who want more protection, in Packages of fire/theft or gross insurance There is the possibility of choosing the level Extra or Premium with haildepending on what best responds to their own needs.
Following is a table with the coverage of each level of protection from Natural phenomena, so that vehicle owners can easily find what suits them.
Insurancemarket also suggests simple examples to help each driver find the best coverage for their needs.
If one stays in area with severe weather eventsthe premium package offers the most complete protection. For low value carsthe basic package can be enough. If it is For a new vehicleExtra or Premium are more appropriate options because they offer more coverage.
How to see insurance bids in 3 simple steps
The search and selection process through Insurancemarket is very easy. The user is enough to follow three basic steps:
1. Επισκέπτεται την πλατφόρμα του insurancemarket
2. Συμπληρώνει τη φόρμα με τα στοιχεία του οχήματός του
3. Πατά "Σύγκριση" για να δει όλες τις διαθέσιμες προσφορές ασφάλισηςUsing The “natural phenomena” filter, the results are automatically adjusteddisplaying only the packages that include the relevant coverage. The process is completed entirely online and in just minutes.
Why is it worth to be insured immediately
• Extreme natural phenomena do not warn.
• Insurance costs less than repairing a loss or complete repair of a vehicle.
• The earlier you move, the more time you have to compare and select the coverage that suits you.
Through the Insurance field You can clearly see your choices and insure your vehicle in accordance with the new legislation.
Insurancemarket is the No1 online insurance platform in Greece. With the use of technology, it helps consumers compare insurance programs and choose the coverage that suits their needs by providing an integrated insurance experience.