MTPL insurance is a mandatory requirement for every vehicle owner in Latvia. MTPL, or compulsory civil transport insurance, is necessary to cover damages that the driver of the car may cause to third parties in road traffic accidents. This insurance is essential because it protects not only other road users, but also the driver of the vehicle from large financial expenses in the event of an accident.
MTPL insurance companies in Latvia
In Latvia, there are several companies offering MTPL policies. Each company can offer different conditions and prices, so it is important to choose the most suitable offer. In order to choose the best MTPL policy, the following factors should be considered:
1. Price: MTPL insurance premiums may vary depending on the chosen company, car brand, age and experience of the driver, as well as other risk factors.
2. Service: Support and assistance in insurance cases is extremely important, so it is worth studying customer reviews about the service offered by the company.
3. Additional offers: Some companies offer additional coverage, such as legal assistance or car evacuation, which can be useful in the event of an accident.
Popular insurance companies In Latvia, which offer MTPL, there are "BTA", "Balta", "Gjensidige", "Compensa", etc. It is recommended to compare the offers of different companies using the comparison tools available at OnGo.lv, or consult the OnGo.lv support service, which will help you find the most suitable insurance solution.
Once a company has been chosen and an MTPL policy has been concluded, it is important to know the main points that remain valid in all companies:
– MTPL policy must be renewed annually.
– If the driver of the insured car is at fault in the road traffic accident, the insurance company will cover the losses.
– MTPL covers only damages to third parties, but does not repair your vehicle – to repair your car, you need CASKO (casco insurance).
In conclusion, MTPL insurance in Latvia, it is not only a legal requirement, but also an important protection in road traffic. Either way, it provides peace of mind and security to the car owner and helps maintain a responsible and safety-conscious environment.