The Motor (Transport) Insurance Bureau of Ukraine (MTIBU) introduces new tariffs for Green Card policies for those traveling abroad from October 3, 2022, according to the Bureau’s website.
According to the report, the MTIBU recalculated the cost of “Green Card” insurance certificates downward by 5.5%.
The last change in tariffs was on July 26, 2022 upward by 26.3%.
Green Card policies have been implemented since 2009 in two types: all of Europe, Moldova. Also, from January 1, 2016, Ukrainian Green Card policies began to operate on the territory of Azerbaijan.
According to the MTIBU, the cost of a “Green Card” in Ukraine for 15 days for trips around Europe for cars is reduced to UAH 863 (previously – UAH 913), for buses – up to UAH 3,244 thousand (UAH 3,429 thousand), for trucks – up to UAH 2,037 thousand (UAH 2,153 thousand).
The cost of the “Green Card” for one month for cars is now UAH 1.375 thousand (previously UAH 1.453 thousand), buses – UAH 4.506 thousand (UAH 4.763 thousand), trucks – UAH 2.703 thousand (UAH 2.858 thousand) .
The cost of semi-annual and annual Green Card policies for cars is UAH 6,103 thousand and UAH 7,555 thousand, respectively, for buses – UAH 15,773 thousand and UAH 29,293 thousand, for trucks – UAH 12,799 thousand and UAH 24,156 thousand respectively.
The cost of policies for trips to Azerbaijan and Moldova for cars for 15 days will be UAH 629 (previously UAH 665), for one month – UAH 925 (UAH 978), for six months – UAH 2,121 thousand (UAH 2,242 thousand), for a year – UAH 3,020 thousand (UAH 3,193 thousand)
The amounts of unified insurance payments under international compulsory civil liability insurance contracts for owners of land vehicles are established by the Resolution of the Cabinet of Ministers dated January 6, 2005 and are defined in euros.
“Green Card” – a system of insurance protection for victims of a traffic accident, regardless of their country of residence and the country of registration of the vehicle. The “Green Card” covers the territory of 44 countries of Europe, Asia and Africa.
According to the decision adopted by the General Assembly of the Council of Bureaux of the International Auto Insurance System “Green Card” in Luxembourg in May 2004, Ukraine has been a full member of this system since January 1, 2005.
