The Motor (Transport) Insurance Bureau of Ukraine (MTSBU) raised tariffs on Green Card policies for traveling abroad by 3.15% starting April 21, its website says.
According to the MLSA, the last change of tariffs was on December 30, 2022, in the direction of increasing by 3.1%, before that they were also increased on November 17 by 6.9% after a decrease by 5.5% on October 3, before that, on July 26 of the same year, they were increased by almost a quarter (by 26.3%).
Green Card policies have been implemented since 2009 in two types: all Europe and Moldova. Also, since January 1, 2016, Ukrainian “Green Card” policies began to operate in the territory of Azerbaijan.
Thus, according to the MTSBU, the cost of “Green Card” in Ukraine for 15 days to travel in Europe for cars rises to UAH 982 (from UAH 952 previously), for buses – up to UAH 3.691 thousand (UAH 3.578 thousand), for trucks – up to UAH 2.317 thousand (UAH 2.246 thousand).
The cost of Green Card for one month for cars is now UAH 1.564 thousand (vs. UAH 1.516 thousand before), for buses – UAH 5.126 thousand (UAH 4.970 thousand), for trucks – UAH 3.075 thousand (UAH 2.982 thousand).
Semi-annual and annual Green Card policies for cars will now cost UAH 6.942 thousand and UAH 8.594 thousand respectively, for trucks – UAH 14.559 thousand and UAH 27.480 thousand, for buses – UAH 17.942 thousand and UAH 33.322 thousand.
Policies for trips to Azerbaijan and Moldova for passenger cars for 15 days will cost UAH 715 (UAH 694 previously), for one month – UAH 1.052 thousand (UAH 1.020 thousand), for six months – UAH 2.413 thousand (UAH 2.340 thousand), for a year – UAH 3.436 thousand (UAH 3.331 thousand).
The amounts of single insurance payments under the contracts of international compulsory insurance of civil liability of motor vehicles owners are set by the Decree of the Cabinet of Ministers as of January 6, 2005 and are defined in EUR.
“Green Card” is a system of insurance protection for victims of road accidents, regardless of their country of residence and country of registration of the vehicle. It covers the territory of 44 countries in Europe, Asia and Africa.
According to the decision of the General Assembly of the Bureau Council of the international motor insurance system “Green Card”, adopted in Luxembourg in May 2004, Ukraine since January 1, 2005 is a full member of the system.
