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![Insurance]( "Euroins Insurance")
- Corporate clients
- Car § Vehicle insurances
- Motor third party liability for corporate clients/ Combined Car Policy
-
![Insurance]( "Euroins Insurance")
- Corporate clients
- Car § Vehicle insurances
- Motor third party liability for corporate clients/ Combined Car Policy
Motor third party liability for corporate clients/ Combined Car Policy
Motor Third Party Liability Insurance for company vehicles is required by law
for every motor vehicle (MV) registered in Bulgaria that has not been taken off the road.
For corporate clients, Euroins offers flexible solutions
for managing all individual policies within your company’s vehicle fleet.
Check the validity of your Motor Third Party Liability insurance here!
What is Motor Third Party Liability Insurance for corporate clients?
Under mandatory Motor Third Party Liability Insurance for corporate clients, the following vehicles can be insured: passenger cars and light commercial vehicles, heavy goods vehicles, buses and trolleybuses, tractors and tractor units, trailers and semi-trailers, as well as mopeds, motorcycles, agricultural, construction, and industrial vehicles, wheeled and tracked machinery.
Why choose Euroins for Motor Third Party Liability Insurance for corporate clients?
- Option to take out Legal Assistance Insurance in the Event of Road Accidents
- Option to take out Accident Insurance for the Driver and Passengers in a Motor Vehicle
- Option to take out Roadside Assistance
- Notifications of upcoming installment payments
- Single or installment payment options
This corporate solution ensures full transparency, fast service, and comprehensive coverage for all company vehicles, making Euroins a reliable partner for businesses in managing the risks associated with their vehicle fleets.
Take out Motor Third Party Liability Insurance online through the MyEuroins portal. After successful payment, all policy documents are sent immediately by email and by courier.
What does Motor Third Party Liability Insurance cover for businesses?
Motor Third Party Liability Insurance for corporate clients covers your company’s, the driver’s, or authorized employees’ liability for material and non-material damages caused to third parties through their fault. Such damages may occur while any of your company vehicles are being driven or parked.
The coverage includes damages caused by passenger cars, heavy goods vehicles, buses, trailers, as well as specialized and agricultural machinery registered in the company’s name. The purpose is to provide financial protection for your business against claims for damages while ensuring compliance with the legal requirements applicable to each company vehicle.
Although each motor vehicle is covered by an individual policy, Euroins offers an efficient way to administer and service your entire vehicle fleet. In addition to the mandatory coverage, you can add optional coverage to each policy, such as Legal Assistance Insurance in the Event of Road Accidents, Accident Insurance for the Driver and Passengers in a Motor Vehicle, and Roadside Assistance, for more comprehensive protection of your assets and employees.
- The liability of the driver/owner/keeper of the motor vehicle for damages caused by him to third parties while driving and parking.
Additional voluntary coverages
For corporate clients, we recommend choosing a Combined Motor Policy together with the following additional coverage options, providing broader protection for company vehicles and employees:
Accident Legal Aid Insurance
This coverage provides the company and its drivers with professional legal advice and access to legal services in the event of road traffic accidents involving injured third parties. This helps reduce the company’s legal and financial risks.
Driver and Passenger Accident Insurance
This coverage protects all occupants of the company vehicle, including the driver and passengers, in the event of an accident. It gives the company peace of mind knowing that all employees are protected while traveling for business purposes
Roadside Assistance Insurance
This coverage provides access to roadside assistance in the event of incidents, as well as preventive technical inspections of company vehicles. It helps minimize disruptions to business operations and ensures greater security for your vehicle fleet.
Where is Motor Third Party Liability Insurance valid for corporate clients?
The "Green Card" certificate is an international document that is recognized by all member states in the Green Card system. It certifies that the owner has concluded and valid MTPL insurance and covers the liability of the driver of the motor vehicle in a third country in the event that it causes property and/or non-property damage to third parties.
The "Motor Third-Party Liability" insurance is valid in Bulgaria and abroad:
- All member states of the European Union, including the Republic of Bulgaria;
- Serbia and North Macedonia;
- Turkey and Switzerland.
Terms and Conditions of Motor Third Party Liability Insurance for corporate clients
How long is Motor Third Party Liability Insurance for company vehicles valid?
Motor Third Party Liability insurance is valid for a period of 1 year from the date and time of the start of the policy.
Duration of insurance cover for a shorter period, but not less than 30 days, is permissible only in the cases provided for in the Insurance Code.
What is the liability limit for corporate clients?
The limits are regulated in accordance with Article 492 of the Insurance Code EUR 6,450,000 per event for material and non-material damages resulting from bodily injury or death.
Up to EUR 1,300,000 per event for property damage.
Where can corporate clients take out Motor Third Party Liability Insurance?
Motor Third Party Liability insurance can be taken out at any Euroins office, online or through insurance intermediaries who are our partners.
Where can corporate clients pay for Motor Third Party Liability Insurance?
You can make payments for Motor Third-Party Liability insurance and its installments at any Euroins office, through our partner network, via bank transfer, and online at www.euroins.bg.
Necessary documents for MTPL insurance:
- Copy of the registration certificate - when the vehicle is registered
- Sales contract or invoice - upon change of ownership or when the motor vehicle is a new import
- Customs declaration (if available)
What actions are required when changing ownership of a vehicle?
The seller and the buyer are obliged to notify the insurer in writing of the transfer within 7 (seven) days in order to be issued the necessary annex.
Terms used:
MTPL - Motor Third Party Liability
Road accident - Road traffic accident
GTP – Annual Technical Inspection (ATI)
Frequently asked questions
What happens in case of a missed installment for corporate Motor Third Party Liability Insurance?
If payment is made in installments, the policy is terminated if the first installment is not paid or is partially paid at the exact start date and time.
In case of non-payment of subsequent installments, the insurance coverage under the company policy is terminated at 24:00 on the 15th day after the due date of the unpaid or partially paid installment, unless otherwise agreed.
Is Motor Third Party Liability insurance mandatory for a company vehicle fleet?
Are there penalties for driving a company vehicle without valid Motor Third Party Liability insurance?
How do I check if I have valid MTPL insurance in Euroins?
How can I cancel a MTPL policy?
- expiration of the term for which it was concluded;
- in case of total damage to the car, for which the recovery of damages exceeds 70% of its actual value;
- in the event of termination of registration of the insured motor vehicle;
- in the event of a change of ownership of the insured motor vehicle within 7 days from the date of sale.
What should I do if I am involved in a road accident abroad and have a valid MTPL policy?
Attached to the policy are instructions on what to do in case of green card damage
Notify the local control authorities and do not sign a document in a foreign language with content that is not clear to you.
Where can I buy MTPL insurance?
Does MTPL apply abroad? What should I do when traveling abroad by car?
Do I need to put on the MTPL Sticker on my windshield?
How can I pay the insurance policy premium?
or on-site at any Agency of Euroins Insurance JSC, as well as by bank transfer to the account specified in your insurance policy.
When paying by bank transfer, it is necessary to quote the number of your insurance policy in the payment order.
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You can insure your motor vehicle (MV) registered in Bulgaria against total loss or partial damage.
Insure your property used for business, production or administrative activities.
We cover your financial liability to third parties for property and non-property damages caused while carrying out usual business activity.
Mandatory insurance for certain professions defined in regulation or voluntary care for all employees.
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