The Motor (Transport) Insurance Bureau of Ukraine (MTIBU) has increased tariffs for Green Card policies for those traveling abroad by 3.1% from December 30, 2022, the Bureau’s website reports.
According to the MTIBU, the last change in tariffs took place on November 17, 2022 upward by 6.9%, on October 3, 2022 – downward by 5.5%, and before that (July 26) – upward by 26.3%.
Green Card policies have been sold since 2009 in two types: all of Europe and Moldova. Also, from January 1, 2016, Ukrainian policies “Green Card” began to operate in Azerbaijan.
According to the MTIBU, the cost of the “Green Card” in Ukraine for 15 days for traveling in Europe for passenger cars rises to UAH 952 (previously – UAH 923), for buses – up to UAH 3.578 thousand (UAH 3.469 thousand), for trucks – up to UAH 2.246 thousand (UAH 2.178 thousand).
The cost of “Green Card” for one month for cars is now UAH 1.516 thousand (against UAH 1.470 thousand before), buses – UAH 4.970 thousand (UAH 4.818 thousand), trucks – UAH 2.982 thousand (UAH 2.891 thousand).
Six-month and annual policies “Green Card” for cars will now cost UAH 6.731 thousand and UAH 8.333 thousand respectively, for buses – UAH 17.396 thousand and UAH 32.307 thousand, for trucks – UAH 14.116 thousand and UAH 26.641 thousand.
The cost of policies for trips to Azerbaijan and Moldova for passenger cars for 15 days will be UAH 694 (previously UAH 672), for one month – UAH 1,020 thousand (UAH 989), for six months – UAH 2,340 thousand (UAH 2,268 thousand), for a year – UAH 3,331 thousand (UAH 3,230 thousand).
The amounts of single insurance payments under the contracts of international compulsory insurance of civil liability of owners of land vehicles are established by the Resolution of the Cabinet of Ministers of January 6, 2005 and are determined in euros.
“Green Card” is a system of insurance protection for victims of road accidents regardless of their country of residence and country of vehicle registration. “Green Card” covers the territory of 44 countries in Europe, Asia and Africa.
According to the decision of the General Assembly of the Council of the Bureau of the international motor insurance system “Green Card”, adopted in Luxembourg in May 2004, Ukraine is a full member of this system since January 1, 2005.
