A vehicle purchased with leasing must have a valid insurance cover as of delivery of the vehicle to the client until termination of the lease contract, that is, until the fulfilment of all contractual obligations: the person must conclude a comprehensive motor vehicle insurance contract, which is of assistance in case of most common damages of a vehicle irrespective of who the guilty party is or where the accident happened, and a motor third party liability insurance contract, which compensates the damage caused to other person with the traffic accident.

There are specific requirements, established for insurance contracts of leased property:

• The vehicle must be insured throughout the lease term at least within the amount corresponding to its market value.
• The insurance contract must be concluded with a deductible of €300.
• The beneficiary in the insurance contract must be AS SEB Liising.
• The insurance contract must ensure that any damages that may be caused by theft, robbery, fire or water damage, natural disaster, traffic accident and any other possible loss events would be covered with the full indemnity paid out.
• Insurance premium must be paid on time in accordance with the insurance contract.

PZU comprehensive motor vehicle insurance, mediated by SEB, corresponds to the requirements established to insuring the leased property and provides the following benefits:

• comprehensive motor vehicle insurance premium may be added to monthly lease payments;
• after taking out the insurance contract or its renewal, there is no need to submit to SEB documents, certifying the insurance cover;
• we shall contact you before expiry of the insurance contract, to agree on the new insurance conditions.

Additional requirements apply to those insurance contracts of leased property, which are not concluded through PZU:

• The insurance contract must be concluded for a period of one year.
• To certify the existence of an insurance contract, the insurance policy must be submitted the latest within two days as of receipt of the vehicle.
• To prove the validity of insurance, the insurance policy of the new period must be submitted to SEB 5 days before the expiry of the current insurance policy by e-mail: .

Motor third party liability insurance

All vehicles registered with the traffic register of the Road Administration must be covered with motor third party liability insurance (TPL). In case of an insured event covered by a motor third party liability insurance, proprietary and personal damage, caused by the owner of a vehicle in a traffic accident to other persons shall be indemnified. The lessee as a person subject to insurance obligation is responsible for the fulfilment of the TPL insurance obligation. Motor third party liability insurance provides insurance cover in the European Economic Area and other countries who have joined the green card system.

Motor third party liability insurance can be concluded with a term up to 1 year and either as an automatically renewable contract or as an automatically non-renewable contract:

• An automatically renewable motor third party liability insurance contract gives a sense of security that the vehicle is always covered with insurance and you do not have to worry about ending contract period. Under an automatically renewable motor third party liability insurance contract, the vehicle is always covered with insurance and you do not have to do anything at the end of the one-year contract period. Before the end of the validity term, the policyholder is sent a new policy with annual insurance period. We recommend the automatically renewable motor third party liability insurance contract above all for vehicles purchased under a lease.
• An automatically non-renewable contract ends upon expiry of the yearly insurance period and a new motor third party liability insurance contract must be taken out for the insurance cover.

Motor third party liability insurance is regulated by the Traffic Insurance Act. Before requesting the offer, read the insurance service information document of motor third party liability insurance.

I have valid motor third party liability insurance. Why should I need comprehensive motor vehicle insurance?

To fully insure the vehicle, you need both, the motor third party liability (TPL) as well as the comprehensive motor vehicle insurance. TPL insurance is a mandatory insurance, the existence of which, according to law, must be ensured by the responsible user (or the owner, if there is no responsible user) of the vehicle. With TPL insurance you insure your liability towards other road users. This means that whenever you are guilty of causing a traffic accident, only the damage caused to the injured party is indemnified.

However, the damage incurred to your car is not indemnified under the TPL insurance. This damage is indemnified by comprehensive motor vehicle insurance. Comprehensive motor vehicle insurance helps to prevent extensive financial loss in case of an accident, theft, fire, vandalism and technical failure.

What are the main risks covered with the PZU Kasko package?

• All-risk insurance, incl. a traffic accident, fire, natural disaster, vandalism, theft
• Lease value insurance included in price (for vehicles not older than 7 years, with a limit of €35,000)
• Insurance of a tyre set kept in a storage
• In addition, carrycots, roof rails, roof boxes, inside of or attached to the vehicle, are insured within the sum insured.
• Also bicycles, attached to the vehicle, are insured against the risk of accident within the sum insured of accessories;
• Deductible in case of damage due to collision with a wild animal €0
• 24h roadside assistance “PZU Autoabi” in Europe;
• Deductible in case of theft for the majority of vehicles is €200 (market standard is 15%)
• Possible extra covers for additional payment in Kasko package:
  • New value cover (for vehicles not older than 1 year)
  • Replacement vehicle (for up to 30 days, without deductible)
  • Baggage insurance
  • Trailer insurance

Does the PZU Kasko Pluss package include something, which is not offered by other insurance firms?

Yes, unlike many other insurance firms, PZU Kasko Pluss package (in addition to PZU Kasko package) covers also the following:

• Technical fault insurance cover (for vehicles not older than 6 years and mileage 130,000 km)
• New value cover is included in price (for vehicles not older than 1 year)
• Replacement vehicle included in price (for up to 30 days, without deductible)
• Repair of a vehicle not subject to warranty in the dealership
• 10% extra indemnity of market price in the case of total destruction (except for new value cover)
• The cost of replacing lost keys will be covered to the extent of €500 without deductible
• Rental car insurance (if the policyholder is a natural person)
• Possible extra covers for additional payment:
  • Baggage insurance
  • Trailer insurance

What does the premium of comprehensive motor vehicle insurance depend on?

The premium of comprehensive motor vehicle insurance depends on the make and model of the vehicle, the output of engine, year of first registration of the vehicle, area of application, amount of deductible, insurance history of the policyholder and age (in case the policyholder is a natural person), insurance cover, insurance territory, etc.

Before requesting an offer and taking out the contract, read the insurance service information document of comprehensive motor vehicle insurance and motor third party liability insurance, the terms and conditions of comprehensive motor vehicle insurance A300/2017, the general terms and conditions of insurance of PZU. Motor third party liability insurance is regulated by the Traffic Insurance Act. If necessary, consult a specialist of PZU at the customer service line (+372) 622 4545.

An insurance agent is paid an agency fee for mediating the insurance, which is included in the insurance premium. The agency fee payable to the agent by PZU Kindlustus for comprehensive motor vehicle insurance is 16.7% of the insurance premium and for motor third party liability insurance 14% of the premium.