gépjármbiztosítás

Gépjárműbiztosítás, often referred to as autóbiztosítás in everyday language, is a type of insurance designed to protect individuals and businesses against financial losses resulting from vehicle accidents or other covered incidents involving their vehicles. In Hungary, the most fundamental and legally mandated form of gépjárműbiztosítás is the kötelező gépjármű-felelősségbiztosítás, commonly known as KGFB. This compulsory insurance covers damages that the insured vehicle owner may cause to third parties.

KGFB policies typically cover bodily injury and property damage to others. It is crucial for vehicle owners to have this insurance active to legally operate their vehicles on public roads. Failure to maintain valid KGFB can result in significant fines and other penalties.

Beyond the mandatory KGFB, there are optional types of gépjárműbiztosítás available to provide more comprehensive coverage. The most common of these is casco biztosítás. Casco insurance offers protection for the insured vehicle itself against damages not necessarily caused by the owner to a third party. This can include damage from collisions, theft, vandalism, natural disasters, and fire. Casco policies can be tailored to specific needs, with various levels of coverage and deductibles.

When choosing gépjárműbiztosítás, consumers consider factors such as the premium cost, the scope of coverage, the reputation of the insurance provider, and the claim settlement process. Understanding the terms and conditions of any policy is essential to ensure adequate protection.