What is CASCO

Who does not dream of a new car, a donant independence and a sea of \u200b\u200bpositive emotions. But often, together with the joy, new worries and experiences come, many questions arise about the acquired iron horse, one of which concerns the need for insurance. And if everything is clear with compulsory insurance, it is drawn up almost immediately, then many are thinking about voluntary. This article will tell the CASCO, and which nuances should be considered when it is conclosed.

Contrary to popular belief, this word is not an abbreviation, but an international legal term who came from the West and meaning the insurance of the vehicle. Foreign companies insure all the vehicle, from the liner to the aircraft, but our CASCO implies only car insurance. The main difference with OSAGO is that this policy will protect your interests and if you have erroneous actions. That is, if you randomly, with unsuccessful parking, you broke the bumper or headlights - you will commend damage, even though you are the culprit of what happened. Keep in mind that when detecting malicious intent on your part, the payment will be denied. Taking into account the fact that only the full-time equipment of your car is subject to insurance. The rest can also be secured, but to issue as an additional equipment. Despite the fact that this type of insurance is voluntary, there is one exception: you will have to issue a CASCO policy, if you purchased your car by car loans, since this is one of the conditions of the borrower bank.

Before registration of the CASCO policy, you yourself can choose from which to protect your vehicle: Based on the specified risks, your insurance will become partial or complete. Thanks to the first you can get reimbursement of expenses related only with some losses, but the second will cover any kind of damage, including hijacking. By the way, all cars, buses, trailers, motorcycles and tractors are currently subject to insurance. A complete list of insurance claims is different in various insurance companies and is indicated in the contract. Usually, the refund is paid in cases:
• accident;
• embezzlement, hijacking;
• causing damage due to hijacking;
• deliberate and vandalism;
• natural Disasters;
• impact of force majeure;
• hitting heavy items in it or fall on it, so on.

Keep in mind that you will refuse to pay if the hijacking of the car or its damage occurred for the accuracy of the CASCO's action, intentionally, in cases of car control by a drunken driver or not rights.

Casco's term can be different and is determined by several factors: the type of insurance risk, car age and some others. When calculating the cost of the CASCO policy, the date of release of the machine, its model and brand, age and driver's experience, the number of people admitted to the management of it, the number of accidents with your participation and so on is taken into account. All companies independently and according to the criteria known only to them establish a tariff net. Therefore, before concluding the contract, read various options, try to calculate the preliminary amount of the policy using an online calculator. Make you can here. You can and refuse to design CASCO, if some requirements are not met, for example, a weak security system is installed. The compensation method is negotiated in advance and is prescribed in the contract. It can be a partial or complete restoration of your car, paying you money or compensation in the monetary equivalent of the repair you implemented.

Before designing the CASCO policy, prepare the necessary documents, the list of which specify in your chosen insurance company, because it can vary. As a rule, it will be enough:

your passport;
statements;
TCP, certificate of registration of auto, certificate accounts.

Also may be requested:

previous Casco Policy;
car for inspection;
two sets of keys;
documents on the set alarm;
your driver's license and those committed to managing data data;
lease agreement, leasing, etc.

If you want to save in this type of insurance, you can:

choose a partial caasco;
increase the franchise;
choose the cash form of compensation;
limit the number of persons allowed to control the car;
independently make an assessment of the machine using an independent appraiser;
refuse to include in the Police Service for Evacuation.

Upon the occurrence of the insured event and the refusal of the company in the payment, contact the court at the place of residence with the statement of claim.