Gépjármfelelsség

Gépjárműfelelősség, often referred to as compulsory third-party motor insurance, is a mandatory type of insurance in many countries, including Hungary, for all owners of motor vehicles. The primary purpose of gépjárműfelelősség is to cover damages caused by the insured vehicle to third parties. This means that if the insured vehicle is involved in an accident, the insurance policy will compensate for any bodily injuries or property damage sustained by other individuals or their possessions.

The scope of coverage typically includes damages to other vehicles, infrastructure such as buildings or road signs, and importantly, personal injuries to pedestrians, cyclists, or occupants of other vehicles. It is crucial to understand that gépjárműfelelősség does not cover damages to the insured vehicle itself or injuries to the driver of the vehicle at fault. For such comprehensive protection, additional insurance options like casco insurance are usually required.

The legal requirement for gépjárműfelelősség aims to ensure that victims of traffic accidents are adequately compensated, regardless of the financial capacity of the at-fault driver. Operating a vehicle without valid gépjárműfelelősség is a serious offense and can lead to significant fines, penalties, and even the confiscation of the vehicle. The cost of gépjárműfelelősség premiums varies based on factors such as the type of vehicle, engine capacity, the driver's history, and the chosen insurance provider.