From 15.03.24 the price of the Green Card will increase significantly how to save on the purchase?
MTIBU is raising tariff rates for Green Card insurance policies for traveling abroad by car. We tell you how the cost will change and how you can save money on buying car insurance
The Motor (Transport) Insurance Bureau of Ukraine (MTIBU) is raising tariffs for international Green Card insurance policies. The previous price increase took place in December 2023, when prices rose by an average of 5.5%. However, now the rise in insurance prices will be more noticeable for drivers.
How much will the Green Card cost after the price increase?
The cost of an insurance policy for a car will increase most significantly: from 27% for 3 months and 42% for a year. For other types of vehicles, prices will increase by 10-12%.
Thus, according to the official report of the MTIBU, the amounts of single insurance payments under contracts of international compulsory insurance of civil liability of owners of land vehicles registered in Ukraine, with effect in the territory of the member countries of the international automobile insurance system "Green Card" (except Belarus, Iran and russia):
▶ For passenger cars with a passenger capacity of up to 9 people including the driver, and cars with a total weight of up to 3500 kg (letter A), the cost of insurance will be
▶ For buses (letter E)
▶ For trucks (letter C)
▶ For trailers and semi-trailers (letter F)
▶ For motorcycles (letter B)
These prices will come into effect from 00:00 hours on 03/15/2024.
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How to buy a Green Card at a cheaper price?
To save money on the purchase of compulsory international insurance, take out a policy in advance. On the Visit Ukraine portal, you can purchase a Green Card for the dates you need and choose the validity period of your car insurance. To take out a policy in advance, just indicate the date of the insurance start date you need.
And if you take out a Green Card insurance policy with a validity period of 1 month or more, you are guaranteed to receive fuel as a gift. For more information, please contact our managers.
Hurry up to insure your car, saving up to 42%!
We remind you! The Green Card policy is a mandatory type of land transport insurance that is valid on the territory of other countries that are members of the international Green Card system and covers property damage and health. Read more about the benefits of purchasing a Green Card and how to apply for it in our previous article.
Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.
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