sõidukindlust

Sõidukindlustus refers to insurance for vehicles, a mandatory requirement in many countries, including Estonia. This type of insurance primarily covers damages and liabilities arising from the use of a motor vehicle. The most common form is mandatory third-party liability insurance, often called "kohustuslik liikluskindlustus" in Estonia. This insurance protects third parties, such as other drivers, passengers, or pedestrians, from financial losses if you are at fault in an accident. It covers their property damage and bodily injuries.

Beyond mandatory liability insurance, there are optional forms of vehicle insurance. Comprehensive insurance, known as "kasko" in Estonia, provides broader coverage. This can include damage to your own vehicle, even if you are not at fault, as well as theft, vandalism, and natural disasters. Other specialized coverages might exist, such as insurance for specific types of vehicles like motorcycles or commercial fleets, or additional riders for things like roadside assistance or rental car reimbursement.

The cost of sõidukindlustus varies based on several factors, including the vehicle's make, model, and age, the driver's history (e.g., no-claims bonus), the area of residence, and the chosen coverage levels. Insurers assess these risks to determine the premium. It is crucial for vehicle owners to understand the terms and conditions of their policy to ensure adequate protection and to comply with legal requirements.