With best wishes on Uzbekistan’s Independence Day
Dear compatriots, valued clients and partners of our Company! We sincerely congratulate you on the Independence Day of our homeland – the Republic of Uzbekistan!
In our previous article, we examined 5 key reasons why you should get KASKO for your vehicle. Today, we'll focus in detail on the first and most important reason – the comprehensive protection that this type of insurance provides.
Many car owners in Uzbekistan limit themselves to compulsory third-party liability insurance (CTPL). However, it's important to understand that CTPL only protects your liability toward other road users. If you cause an accident, your insurance company will compensate the injured party. But who will pay for your vehicle's repairs? In this case, CTPL won't help.
This is where comprehensive auto insurance KASKO comes to the rescue. This policy is designed to protect your vehicle from a wide range of risks.
A KASKO policy is your financial safety net for various mishaps. A standard vehicle insurance contract under the KASKO program typically covers the following risks:
KASKO will cover your vehicle's repair costs regardless of who's at fault – you, another driver, or even if the at-fault party fled the scene.
Theft or attempted theft, parts theft (wheels, mirrors, headlights), vandalism (scratches, broken glass), arson.
Hail, hurricanes, floods, earthquakes, falling trees – KASKO protects your vehicle from nature's whims.
Falling objects (icicles, construction materials), fire, non-criminal explosions, damage during towing.
To better understand the difference, let's compare KASKO and CTPL coverage:
| Insurance Case | Liability Insurance | Comprehensive (CASCO) |
|---|---|---|
| Damage to your car in an at-fault accident | Not covered | Covered |
| Damage to your car when other party is at fault | Covered (through at-fault party's insurance) | Covered |
| Damage to your car, at-fault party fled | Not covered | Covered |
| Vehicle theft | Not covered | Covered |
| Natural disaster damage | Not covered | Covered |
| Vandalism damage | Not covered | Covered |
As you can see, what KASKO covers is significantly broader than CTPL coverage. This provides truly comprehensive protection for your property.
Imagine: you parked your car at a shopping center, and when you returned, you found a scratch on the door. No culprit in sight. With a CTPL policy, you'd have to repair the door at your own expense. With a KASKO policy – the insurance company pays for the repair.
Comprehensive protection against most possible risks is KASKO's key advantage. This policy gives you confidence that unexpected situations won't deal a serious blow to your budget.
In our next articles, we'll discuss other important reasons to get KASKO: fast payouts and additional services.
Learn more about KASKO programs from EUROASIA INSURANCE and choose optimal protection for your vehicle!
Dear compatriots, valued clients and partners of our Company! We sincerely congratulate you on the Independence Day of our homeland – the Republic of Uzbekistan!
Euroasia Insurance JSC has announced an important personnel appointment that strengthens the company’s position in Uzbekistan’s insurance market. Jonibek Abdumavlonovich Temirov has been appointed as the new Chief Executive Officer. Previously, he served as Deputy CEO for General Affairs.
In recent years, many Uzbeks viewed insurance with skepticism. Today, the situation has changed dramatically. Insurance has become an integral part of modern life, and Uzbekistan’s insurance industry is experiencing a real boom. Let’s take a closer look at what opportunities modern insurance offers and how it can protect your interests.
Dear David, Warmest birthday wishes to you!