What determines the cost of MTPL insurance?

Motor third party liability insurance is not just a formality, but an important financial protection for the driver and other road users. To find the best insurance policy, you should use online price comparison services. Find out more about how to get the best deal without overpayments and unnecessary hassle

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

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MTPL is compulsory motor third party liability insurance that covers damages caused to third parties in the event of an accident. Choosing a high-quality insurance policy helps you avoid significant financial costs and guarantees confidence on the road.

However, the cost of motor third party liability insurance can vary significantly depending on a number of factors. The article below explains why prices for motor third party liability insurance fluctuate and how to choose the most favourable option.

You can find out where the cheapest motor third party liability insurance is by following the link.

Protect yourself and your wallet from fines and unforeseen expenses!

Take out a motor third party liability insurance online in 5 minutes and feel confident on the road!

The main factors that affect the cost of CTP insurance

The cost of CTPCI is calculated individually for each driver and vehicle, taking into account the following criteria:

- Type of vehicle. Cars have lower rates than trucks, buses or specialised vehicles.

- Engine size or electric power. The bigger the engine or power of an electric car, the higher the tariff.

- Region of registration. In large cities with heavy traffic, the risk of accidents is higher, which affects the final price of insurance.

- Driver's experience and age. Less experienced drivers and young people are more likely to get into an accident, so an insurance policy is more expensive for them.

- Availability of benefits. Participants in hostilities, pensioners, and people with disabilities can get discounts on motor insurance.

- Bonus points. If the driver has not been involved in an accident for a long time, a discount is accrued.

- Insurance company policy. Different insurance companies have their own coefficients that can affect the final amount of the policy.

Read here to find out how a motor third party liability policy works and how much you can get under CTP in 2025 .

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How do I calculate the cost of a CTPCI policy?

You can independently determine the cost of MTPL insurance using special online calculators. They automatically take into account all factors and provide an accurate calculation.

The Visit Ukraine service offers a convenient way to find out the price of a car insurance policy: you just specify the parameters of your car and get a list of available offers.

How to choose a favourable insurance policy?

To find the most favourable option, you should use a special service that allows you to compare offers from different insurance companies.

The rating of insurance companies in 2025 is available here.

Car insurance: price comparison on Visit Ukraine

The Visit Ukraine portal offers an automatic comparison of prices for CTP insurance, which allows you to:

- quickly find the best price;

- choose a reliable insurance company;

- apply for a policy online in a few minutes.

Should you choose the cheapest car insurance?

Many drivers strive to find the cheapest policy, but a low price does not always mean a favourable choice. It's important to pay attention not only to the cost of CTP insurance, but also to the terms of payments, maintenance and additional options.

It is advisable to consider taking out additional insurance coverage, such as a Mini CASCO policy, which compensates for the costs of your own car in case of damage.

You can find out what the fine for not having a motor third party liability insurance will be in 2025 here.

Advantages of taking out MTPL insurance 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.

- One of the best Contact Centres in Ukraine providing information support.

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

Don't waste your time searching - choose MTPL insurance from Visit Ukraine!

Our service allows you to quickly compare offers from leading insurance companies in Ukraine, find the most favourable offer without overpayments and apply for a policy online. You will instantly receive an electronic insurance policy that will always be at hand. Apply for a policy in a few clicks and hit the road with confidence.

Choose your policy and protect yourself from unforeseen situations today!

Just a reminder! Since the beginning of the year, new car insurance rules have been in force in Ukraine, which have significantly changed the system of pricing for CTP policies. Now, insurance companies set their own tariffs, and the cost of CTPCI for cars may vary depending on many factors. To find out how much a motor third party liability insurance policy will cost in 2025, follow the link.

Photo: iStock

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