Insurance company "VTB Insurance", CASCO: features and rules

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

VTB specializes in providing many different services, including car insurance. Many drivers turn to it to obtain a CASCO policy. VTB Insurance offers favorable terms of cooperation for this service. The company is recognized as an honest and responsible insurer. Numerous reviews testify to this.

Concept

To cover the cost of repairing a car in case of an accident or breakdown, you need to apply for CASCO. VTB Insurance offers standard conditions for this type of service. All rules comply with Russian legislation.

The company helps in difficult situations that may arise on the road. Drivers do not have to decide where to take the car for repair after an accident. Employees will choose the most convenient options. Usually, a policy is issued when buying a vehicle on credit, so its high cost will not be very noticeable.

Compensation for damages

When an insured event occursVTB Insurance will compensate for the losses. The CASCO policy includes the agreed amount, terms of compensation, limits and the procedure for performing the payment procedure. The amount of payment in case of an accident is of two types: unchanged or reduced for each incident. Depending on the conditions, the driver may receive it once or several times.

The company agrees with the client on the limit, which can be:

1. Invariable. With each insured event, the compensation will be the same.
2. Single. No matter how many accidents there are, the payment will be one, and it is assigned after the first damage to the car.
3. Dynamic. Amounts are paid after each event, but decrease with each event.

Damages and settlement procedures

The company has the same CASCO rules for all customers. VTB Insurance pays compensation with or without depreciation. All information is entered into the contract, which affects the final price of the policy.

The document must contain a clause when the car is beyond repair. Constructive death occurs when more than 75% of all transport elements are damaged. The company will not pay for repairs, but will reimburse damages for total loss of property.

According to the rules, the client must notify the insurer within 24 hours. This is done verbally over the phone. You can also write a letter to the insurance company and send it within 5 days. The payment term is 15 business days.

Car theft

VTB 24 Insurance also protects against car theft. CASCO allows you to receive compensation. The payment is transferred to the client no later than 30 days later. The insured person must be informed about the event within 24 hours by phone or 48 hours in advance by letter.

There is a list of damages that are not compensated. For example, if the car was scratched during towing or there was spontaneous combustion of individual elements of the car. If defects are obtained in the parking lot due to poor quality roads or during the evacuation of vehicles, then the client has the right to claim damages.

Advantages and disadvantages

Services operate in many companies. But special conditions are offered by VTB Insurance. CASCO from this company involves the participation of customers in various promotions, receiving discounts if the policy is ordered repeatedly and there has been no accident.

There are numerous reviews about VTB Insurance. CASCO of this company provides other advantages. You can buy a policy in installments. But with the advent of an insured event, you first need to pay the insurance in full, and then claim payments. When drawing up a document, you can choose compensation for damage without taking into account the natural wear and tear of machine parts. VTB24 has no requirements for car storage, so this is not taken into account when paying compensation. Funds are transferred without lengthy paperwork.

Safety Benefits

CASCO "VTB Insurance" is profitable to issue to regular customers who have already been using the services for more than one year. If there was no accident and the driver carefully drives the car,then the company gives him discounts with each new design. However, this benefit will not apply if the client has been involved in an accident more than once in 1 year.

This condition is in place to protect the insurance provider from unreliable clients. These include citizens who are unprofitable to issue policies. If a car loan is taken, then this condition will be relevant.

Policy registration

VTB Insurance calculates CASCO based on several factors:

1. Region of residence.
2. Type of transport - year of manufacture, brand, model.
3. Client status.
4. Optional equipment found in the machine.
5. Price of insured property.
6. Number of drivers who can drive vehicles.
7. Types of insurance risks.
8. Currency for payout.
9. Payment procedure.
10. Term of the policy.
11. Additional risks.

Risk insurance

The company offers customers additional protection with the onset of insured events. You can insure the property that is present during an accident inside the car for up to 30 thousand rubles.

"VTB Insurance" protects the budget of clients. For example, if an accident occurred due to the fault of the driver himself, and he was sued, then the company pays up to 10 million rubles. The specific amount is determined by the terms of the contract.

The company issues compensation for injuries in an accident - up to 2.5 million rubles, and also reimburses the costs of legal services ifopen criminal cases.

When is compensation not available?

There are a number of cases that are not compensated by the company, because they are not regarded as insurance risks. These include:

1. Using faulty transport.
2. Using the machine in competitions or similar activities.
3. The car is used as a training vehicle without the consent of the insurer.
4. The car is rented, rental, leasing without agreement.
5. Re-equipment of vehicles.
6. If the driver is driving while intoxicated.
7. In violation of fire safety rules.

In these cases, even if the client applies for compensation, the company will reject it.

VTB24 car loan and CASCO

Some car enthusiasts believe that the policy is expensive and takes a long time to issue, but they want to buy a vehicle. For such cases, there is a car loan, in which the cost of CASCO is included in the cost of the car.

This is a project of VTB24 and LIFAN. The credit rate starts from 7.3%. Insurance will cost 0.3% of the loan. Detailed conditions for registration and programs can be found in the showroom.

Credit for CASCO

The client has the right to apply for a new loan and prolong the expired CASCO policy at VTB. Then, in the event of an accident, the loan debt is fully paid.

The term of insurance should be no more than 7 years. Usually it is equal to the period of validity of the loan agreement, butonly with the condition that during this period the age of the car will not be more than 10 years. When buying a new vehicle on credit, you need a CASCO service. This is a must for banks as it minimizes risks.

AutoExpress

According to this program, you can issue any car you like in 1 hour using 2 documents. To receive CASCO, you do not need to confirm income. The main thing is that the car is over 10 years old.

The pledge will be the vehicle. The rate is 20.5% per annum. The amount can be equal to from 100 thousand rubles to 1.5 million. And the loan period is 1-5 years. The "AutoExpress" program requires a first payment of 20% of the amount.

CASCO insurance is one of the most popular among motorists. The company allows you to enjoy various benefits. And regular customers can count on special conditions. With a policy, travel will be much more confident.