Icon
Come back

2 min

09 Dec. 2024

5072

Increase in the cost of motor third party liability insurance from 2025: how to insure your car at the old price?

Insurance
Transport
Ukraine
Increase in the cost of motor third party liability insurance from 2025: how to insure your car at the old price?

In 2025, car owners will face major changes in the car insurance system. Motor third party liability policies will become more expensive. Find out more about the main innovations and tips for drivers on how to get a policy at the old price

Apply for a car insurance policy at Visit Ukraine - guaranteed protection on the road in just 5 minutes!
Apply for a car insurance policy at Visit Ukraine - guaranteed protection on the road in just 5 minutes!
BUY


In 2025, drivers should be prepared for transformations in the field of compulsory motor insurance. The new rules will affect almost every car owner and will bring both price increases and additional benefits. We will discuss the increase in the cost of the MTPL policy, other changes and how to manage to insure a car at the old price in this article.


What is motor third party liability insurance?


Motor third party liability insurance is a mandatory type of insurance for vehicle owners. This policy covers damage that the driver may cause to other road users while driving. The insurance is valid in the event of property damage, injury to health or death as a result of a road traffic accident.


Here's how to find out when a car insurance claim may be denied and how to appeal.


Increase in the cost of MTPL insurance and new conditions in 2025


Starting from 1 January 2025, insurers will have more freedom in setting policy prices. The main innovation is to take into account the driver's individual history when calculating the price. This means that drivers who have been involved in road accidents in the past will pay a higher premium.


It is important to emphasise that the price increase is accompanied by a significant increase in the amount of insurance compensation. In particular, the maximum payments will increase:


- for damage to life and health - from UAH 320,000 to UAH 500,000;

- for damage to property - from UAH 160,000 to UAH 250,000.


For privileged categories of citizens, it is still possible to take out a policy at half the cost, which makes insurance more affordable.


To learn how to choose the right insurance company to take out a motor third party liability insurance policy, follow the link.


How to get car insurance at the old price?


We recommend that you insure your car before the new year to take advantage of current, lower prices. This will allow you to keep the best conditions and avoid additional costs.


On the Visit Ukraine portal, you can quickly buy a car insurance policy from a licensed insurer that guarantees reliable protection in the event of an accident.


If you take out insurance before the New Year, you will receive a policy at the old price.


You can find out how much drivers can actually receive in an accident if they have a CTP policy here.




Don't want to miss important updates and useful articles? Subscribe to our weekly newsletter!




How to take out a motor third party liability insurance policy on Visit Ukraine?


You can take out an MTPL policy on the Visit Ukraine portal with just a few clicks. To do this, follow the link and provide the following information


- region of car registration;

- insurance period (1 year);

- type of vehicle;

- date of commencement of insurance.


How to check the validity of a CTPCI policy and its validity period through the MTIBU - instructions here.


How much does a car insurance policy cost on Visit Ukraine?


Until 2025, the following prices have been set for CTPCI:


- with a deductible of UAH 3,200: UAH 2,479 per year;

- with a deductible of UAH 1,600: 2 859 UAH/year;

- with a deductible of UAH 0: UAH 3,345 per year.


Please note! Prices are for a car with an engine capacity of up to 1600 cm³ registered in Kyiv.


For more information on how to get compensation under CMTPL if the culprit fled the scene of an accidentplease follow the link.


What are the benefits of taking out a CTP insurance policy on Visit Ukraine?


● Fair market rates that guarantee payments.

● Unified pricing policy with service station partners, which guarantees the restoration of the victim's car.

● Possibility to conclude a contract with a deductible of UAH 0.00.

● One of the best in Ukraine Contact Centre providing information support.

● One of the best settlements in Ukraine, which guarantees protection of the Insured's/Insured's budget.


Just a reminder! For every vehicle with Ukrainian registration, CTPCI is mandatory. Read here to find out what penalties are provided for by law for the absence of a policy.


Photo: Freepik


Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.




Our recommendation for a safe and comfortable trip: 


Visit Ukraine Insurance - insurance for a safe stay abroad without unnecessary expenses;

Green Card - compulsory car insurance for traveling abroad;

Visit Ukraine Tickets - book tickets for buses, trains, and airplanes to/from Ukraine and between cities around the world;

Private Lawyer service - professional legal support on visa and migration issues;

Visit Ukraine Merch - buy patriotic clothing and accessories with worldwide delivery.




© 2018-2024, Visit Ukraine. Use, copying or reprinting of materials on this site is permitted only with a link (hyperlink for online publications) to Visit Ukraine.

All rights reserved.

Frequantly

asked questions

Can I drive without insurance in wartime in Ukraine?

MTPL insurance remains mandatory for all vehicles even during the war. In the absence of a policy, the driver will be obliged to pay a fine of UAH 425.

Who may not take out a motor third party liability insurance policy in Ukraine?

What is the penalty if I do not have a motor third party liability insurance?

Why do I need to check my MTPL policy?

Recommended articles

1 min

Insurance MTPL insurance: how much can drivers really expect to pay in the event of an accident?

MTPL insurance: how much can drivers really expect to pay in the event of an accident?

Your MTPL insurance policy may not cover all the costs of repairing your car after an accident, especially if your car is ‘old’ and subject to depreciation. Find out how the amount of damage is calculated in the event of an accident

03 Nov. 2024

More details

2 min

Insurance CTPCI policy for an electric car in Ukraine: how to take out a car insurance policy online?

CTPCI policy for an electric car in Ukraine: how to take out a car insurance policy online?

CTPCI is a mandatory insurance policy for all vehicles in Ukraine, including electric vehicles. Find out more about how to take out an online motor third party liability insurance policy for an electric car in just a few minutes and how much it costs

22 Nov. 2024

More details

2 min

Insurance What is the cheapest full comprehensive car insurance?

What is the cheapest full comprehensive car insurance?

Mini Hull insurance is an affordable and profitable insurance cover for car owners that protects against common risks. Unlike full Hull insurance, this insurance is budget-friendly and guarantees protection against major risks. Learn more about the benefits and conditions of Mini Hull insurance

06 Dec. 2024

More details

1 min

Insurance Motorcycle insurance: price and how to buy online at Visit Ukraine

Motorcycle insurance: price and how to buy online at Visit Ukraine

Getting a motorcycle insurance policy is a mandatory and important step for every owner of a two-wheeler. Find out how much does motorcycle insurance cost in Ukraine and how easy it is to get it online

08 Dec. 2024

More details