Starting February 10, 2023, the new “BAAR policies and procedures for the management of RCA insurances applicable to the high-risk insured” approved by A.S.F. by notice no. 419/22.11.2022 and no. 37/09.02.2023, under Law no. 202/2022 for the amendment and completion of Law no. 132/2017 and of the A.S.F. Norm. No. 18/2022 for the amendment and completion of the A.S.F. Norm. No. 20/2017 regarding car insurance in Romania are in force.
An insured person is included in a risk category if:
a) they have at least 3 available RCA policies received from different RCA insurers;
b)the offers are calculated for insurance periods of 12 months and represent the total insurance premiums obtained by summing the insurance premium net of distribution expenses with the distribution expenses related to the sales channel used by the potential insured, without the coverage of the direct settlement service and other additional clauses and coverages;
c) all the total insurance premiums from the offers received, calculated as above, are higher on the date of the respective offers than the reference rate for the vehicle X factor N (see below) X the coefficient for the bonus-malus class in which they are placed.
Offer request procedure
The “N” factor is established by BAAR and is calculated for a vehicle with the same technical characteristics as the vehicle for which insurance is requested, as well as for the same bonus-malus class as that of the insured/user. The technical characteristics of the vehicles will be related to the cylinder capacity, except for electric motor vehicles, in which case their power will be taken into account.
You can request an offer from BAAR only if the insurance premiums offered by at least 3 RCA insurers for 12 months are 36% higher than the reference rate, related to the risk segment you belong to. Therefore, the increase is not related to the insurance premium you paid on the previous policy / last year, but to the reference rate in force, published by ASF.
The calculation of the insurance premium is carried out by BAAR, strictly for the duration of the 12-month policy, according to the legal provisions.
The request form and the requested documents can be found on the BAAR website, by accessing the following link:here
The insured must enter the relevant data and documents in the application available athere
or send them by fax or post, as follows:
email: riscridicat@baar.ro
fax: 004 021 319 13 01
post office: Vasile Lascăr str. no. 40 – 40 bis, et. 6, sector 2, Bucharest, postal code 020502.
Offer request procedure
The “N” factor is established by BAAR and is calculated for a vehicle with the same technical characteristics as the vehicle for which insurance is requested, as well as for the same bonus-malus class as that of the insured/user. The technical characteristics of the vehicles will be related to the cylinder capacity, except for electric motor vehicles, in which case their power will be taken into account.
You can request an offer from BAAR only if the insurance premiums offered by at least 3 RCA insurers for 12 months are 36% higher than the reference rate, related to the risk segment you belong to. Therefore, the increase is not related to the insurance premium you paid on the previous policy / last year, but to the reference rate in force, published by ASF.
The calculation of the insurance premium is carried out by BAAR, strictly for the duration of the 12-month policy, according to the legal provisions.
The request form and the requested documents can be found on the BAAR website, by accessing the following link:here
The insured must enter the relevant data and documents in the application available athere
or send them by fax or post, as follows:
email: riscridicat@baar.ro
fax: 004 021 319 13 01
post office: Vasile Lascăr str. no. 40 – 40 bis, et. 6, sector 2, Bucharest, postal code 020502.
Documents required to process the application:
To process the request for a third party liability insurance policy, it is necessary to provide certain essential documents.
a) the offers received regarding the RCA insurance policy for 12 months (minimum 3, from different insurers);
b)the registration certificate of the vehicle for which insurance is requested; strictly for the cases in which the offer is made for the issuance of policies for subsequent registration, in the absence of the registration certificate (coupon), the vehicle identity card (CIV) can be presented together with a document certifying the right of ownership or use of it (example: sale-purchase contract, leasing contract, etc.);
c)the identity card of the owner/user of the vehicle – the individual for whom the insurance is requested;
d) the certificate of registration in one of the registries provided by law (ONRC, Register of Associations and Foundations, etc.) and the tax registration certificate of the owner/user of the vehicle – legal entity or other tax registered entity for which the insurance is requested;
e) the mandate of the representative if the request is made by a person other than the insured (for example, a brokerage company).
Documents required to process the application:
To process the request for a third party liability insurance policy, it is necessary to provide certain essential documents.
a) the offers received regarding the RCA insurance policy for 12 months (minimum 3, from different insurers);
b)the registration certificate of the vehicle for which insurance is requested; strictly for the cases in which the offer is made for the issuance of policies for subsequent registration, in the absence of the registration certificate (coupon), the vehicle identity card (CIV) can be presented together with a document certifying the right of ownership or use of it (example: sale-purchase contract, leasing contract, etc.);
c)the identity card of the owner/user of the vehicle – the individual for whom the insurance is requested;
d) the certificate of registration in one of the registries provided by law (ONRC, Register of Associations and Foundations, etc.) and the tax registration certificate of the owner/user of the vehicle – legal entity or other tax registered entity for which the insurance is requested;
e) the mandate of the representative if the request is made by a person other than the insured (for example, a brokerage company).
Request resolution
The process of resolving a claim for RCA insurance involves several checks and administrative steps. During this time, the claim is evaluated to ensure that it meets all the necessary conditions.
The resolution of the insured’s request takes a maximum of 20 days, during which:
BAAR verifies whether the application is admissible and communicates the result of the verification within 5 business days.
If the insured falls into the category of high-risk insured, BAAR will inform them of the insurance premium and the RCA insurer to which he was assigned.
The contract can be finalized within 10 business days from the date the allocation was communicated.
If the application is incomplete and/or is not accompanied by all the necessary supporting documents, even if it passes the validations available in the application, their retransmission means restarting the procedures, the 20-day period starting to run from the date of retransmission.
Request resolution
The process of resolving a claim for RCA insurance involves several checks and administrative steps. During this time, the claim is evaluated to ensure that it meets all the necessary conditions.
The resolution of the insured’s request takes a maximum of 20 days, during which:
BAAR verifies whether the application is admissible and communicates the result of the verification within 5 business days.
If the insured falls into the category of high-risk insured, BAAR will inform them of the insurance premium and the RCA insurer to which he was assigned.
The contract can be finalized within 10 business days from the date the allocation was communicated.
If the application is incomplete and/or is not accompanied by all the necessary supporting documents, even if it passes the validations available in the application, their retransmission means restarting the procedures, the 20-day period starting to run from the date of retransmission.
RCA contract allocation
For the allocation of the RCA contract to an RCA insurer, the offer must be explicitly accepted by the high-risk insured. The insured communicates to BAAR all the necessary information in order to prepare a premium offer or to allocate the RCA contract to an insurer.
The previously provided allocation is carried out by BAAR together with the notification of the insured regarding the insurer to whom the RCA contract was allocated.
According to the current regulations, the allocation is made within 20 days of the request if it is accompanied by the complete documentation indicated above.
Useful documents and contact
For further information, please use the following email address: riscridicat@baar.ro