RCA

Order!

The Motor Third Party Liability Insurance (MTPL) policy is concluded in accordance with the provisions of the LAW on compulsory third party liability insurance for damages caused by motor vehicles* No. 414-XVI of 22.12.2006, for a period of 1 to 12 months, within the territory of the Republic of Moldova.

THE COMPENSATION LIMITS ACCORDING TO THE LEGISLATION IN FORCE ARE:

  1. for material damage, the compensation limit is 100,000 euros;
  2. for bodily injury and death, the compensation limit is 100,000 euros – for one injured person or 500,000 euros – for several injured persons;
  3. for material damage claimed based on the amicable settlement procedure of the vehicle accident, the maximum amount is 15,000 lei;
  4. for moral damages the compensation limit is 5000 euros – for one injured person or 10000 euros – for several injured persons.

In the case of moral damages, these, in proportion to the liability limit, will be compensated as follows:

  • in the event of the death of the injured person – 100%;
  • in the event of severe disability – 90%, severe – 60%, average – 30%.

THE LIABILITY OF THE RCA INSURER BEGINS:

a) from the day following the day on which the validity of the previous RCA contract expires, for the insured who fulfills his obligation to conclude the insurance no later than the last day of its validity;

b) from the day following the day on which the RCA contract was concluded, for persons who did not have valid RCA insurance at the time of concluding the new insurance;

c) from the moment of issuing the insurance contract, but not earlier than the date of entry into force of the provisional circulation authorization or the vehicle registration/registration, for marketed vehicles that are to be registered/registered.

Termination of the RCA contract

The compulsory motor third party liability insurance contract terminates:

withdrawal of the insurer's license;

notification by the insured regarding the transfer of ownership of the vehicle, accompanied by supporting documents;

agreement of the parties;

other cases provided for by law.

Covered Risks

CASES INSURED BY THE RCA POLICY

Within the framework of compulsory motor third party liability insurance, the insured event is the accident caused by a motor vehicle, the owner of which has fulfilled the obligation of compulsory motor third party liability insurance, causing damage:

a) both during movement and while the vehicle is stationary;

b) following the accidental detachment, during the movement of the vehicle, of trailers, semi-trailers or trailers;

c) caused by the devices or installations with which the vehicle was equipped;

d) as a result of the leakage, spillage or accidental fall of substances, materials or objects transported;

e) when getting into and out of the vehicle.

Other Clauses

BONUS MALUS

Bonus-Malus system

According to ASF Norm 20/2017 published in the Official Gazette with no. 624 of 01 August 2017, a new bonus-malus system was added.
The bonus-malus system consists of the basic category B0, 8 bonus classes and 8 malus classes; class B0 is assigned to a new insured, with no insurance history. The “malus” points refer to the penalties awarded to those who caused accidents, and the “bonus” are the points received for good behavior (years without claims).
Each class corresponds to a specific percentage of reduction or increase in the RCA insurance premium rate according to the table below:

 
MALUSM8M7M6M5M4M3M2M1B0B1B2B3B4B5B6B7B8BONUS
COEFFICIENT180%170%165%150%140%130%120%110%100%95%90%85%80%75%70%60%50%COEFFICIENT


 

Exclusions

DAMAGES THAT ARE NOT REPAIRED BY THE INSURER

(1) The insurer shall not pay compensation for:

a) the part of the damage exceeding the limits of insurance compensation provided for in Article 14 paragraph (2) at the date of the accident, regardless of the number of injured persons and of the persons responsible for causing the damage;

b) damage caused at the workplace by devices or installations mounted on the vehicle, used as work equipment or installations;

c) damage caused by accidents occurring during loading and unloading operations, these accidents constituting risks of professional activity;

d) damage caused as a result of the transport of dangerous products (radioactive, flammable, explosive), the latter determining or aggravating the production of damage, if the risk of transporting such products is subject to compulsory insurance;

e) damage related to environmental pollution due to an accident;

f) damages caused by the disappearance or destruction of movable assets, money, precious stones, objects made of precious metals and precious stones, works of art and other objects of intellectual property;

g) reduction in the value of goods after repair;

h) damages caused by the operation of motor vehicles in sports competitions and training, organized in places specially provided for them;

i) damages caused in situations where the insurer's liability had not begun or had ceased;

j) damages caused to goods belonging to individuals or legal entities insured for motor third party liability if they were caused by a motor vehicle in their possession;

k) the amounts that the user responsible for causing the damage is obliged to pay to the owner, who entrusted the insured motor vehicle to him, for its damage or destruction;

l) the amounts for recovery of moral damage resulting from the accident.

(2) In order to recover damages excluded from compulsory motor third party liability insurance pursuant to paragraph (1), the injured party is entitled to file a civil action in court against the person responsible for the accident.

WHAT DO I DO IN CASE OF DAMAGE?

The purpose of Motor Liability policies policies is to cover damages caused to a third party as a result of a motor vehicle accident. In this situation, all measures will be taken to limit the occurrence of new damages.

If the accident resulted in bodily injury to one or more people or if one of the vehicles was transporting dangerous substances, you are required to call the single emergency number 112. In this situation, it is prohibited to leave the accident scene or modify the traces of the accident until the police arrive. The police will determine the guilt of the parties and complete the report of the event. Within 48 hours of the accident, notify the insurer that issued the compulsory motor third party liability insurance policy.

Documents required when presenting to the claims office of the Insurance Company of the person at fault for the car accident:

  • Identity card;
  • notarized power of attorney from the car owner;
  • copy of the RCA policy issued by the respective insurance company;
  • police report;
  • car registration certificate;
  • driver's license;