Car Insurance - RCA (AORC Compulsory Auto Liability Insurance)
RCA - is the compulsory civil liability insurance for damages caused by motor vehicles. The RCA contract is concluded in accordance with the requirements of Law no. 414- XVI of 22.12.2006 "on the compulsory civil liability insurance for damages caused by motor vehicles".
The driver and the owner of the means of transport are liable for any damage that may be caused to third parties as a result of the operation of the means of transport.
In order to protect your interests in the event of a car accident, including your own fault, you must enter into an MTPL insurance policy.
The object of the compulsory motor third party liability insurance is the civil liability of the owner and user of the motor vehicle for any damage or bodily injury caused by a motor vehicle accident within the territorial limits of the insurance coverage.
The insured case is the accident caused by a motor vehicle, the owner of which has fulfilled the obligation of compulsory motor third party liability insurance, causing damage:
a) both while driving and while the vehicle is parked;
b) following the accidental detachment, during the movement of the vehicle, of the trailers, semi-trailers or attachments;
c) produced by the devices or installations with which the vehicle was equipped;
d) as a result of accidental spillage, spillage or fall of the transported substances, materials or objects;
e) when getting into and getting out of the vehicle.
As insured case is recognized the beginning of the civil liability of the insured, the persons indicated in the contract, the risk of liability is insured under the MTPL insurance contract, for damage to life, health and property of persons damaged by the operation of the means of transport, which entails the obligation the insurer to pay the insurance indemnity. The damage caused to the property belonging to the person responsible for causing the damage is not compensated.
In the event of the insured case being the fault of the insured, the MTPL policy will act to compensate the damage to the persons to whom the damage was caused, and the insured person will not be compensated for the damages. RCA - is the insurance of the liability of the insured person according to the contract, but not of the means of transport. The presence of the RCA insurance policy - is only the guarantee of the payment by the insurance company of the compensation compensation to the third parties to whom the damage was caused.
How much is the policy?
The price of the RCA insurance policy depends on the cylinder capacity of the engine, the age of the means of transport, the stage of the driver and other parameters (Tariffs are approved by the Government of the Republic of Moldova). The price of the insurance policy is set by the state and no discounts are allowed.