RCA Insurance
When you are behind the wheel, under the stress of a busy traffic, in which you are exposed to the risk of an accident, the obligatory motor third party liability policy, in short RCA, is the best ally. Although RCA insurance is mandatory, not all insurance companies offer the same services. DESTINED INSURANCE – REINSURANCE BROKER consultants can help you choose your RCA insurer, so that, when you are involved in a road accident you are guilty of, your liability is protected to the best quality standards.
Closing the RCA policy
An RCA insurance has a well-defined purpose – the injured party following a car accident must necessarily receive compensation for the damages suffered (material, bodily injuries), regardless of the material situation of the person who caused the event.
The RCA policy is concluded for all vehicles registered or subject to registration in Romania.
Insurers authorized to conclude RCA policies
The insurance companies authorized by ASF to issue RCA policies are: Allianz-Tiriac, Asirom, City Insurance, Euroins, Groupama Asigurari, Generali Romania, Watford Insurance, Omniasig, Uniqa Asigurari and Grawe Romania.
Insurers authorized to conclude RCA policies
The insurance companies authorized by ASF to issue RCA policies are: Allianz-Tiriac, Asirom, City Insurance, Euroins, Groupama Asigurari, Generali Romania, Watford Insurance, Omniasig, Uniqa Asigurari and Grawe Romania.
RCA pricing
The prices of the RCA policy are set by each insurer authorized to sell this type of insurance and take into account various elements, such as the cylinder capacity of the vehicle, the history of accidents (bonus-malus system), the age of the insurer, the limits of liability of the policy and so on The bonus-malus system is an important factor in calculating the price of the RCA policy, because it shows the insured’s history regarding the damages caused in a certain reference period. All RCA policies are registered by insurers in the CEDAM database, in which there is also a history of damages, starting with 2010.
The price of an RCA policy is unique, whether it was purchased directly from the insurer or purchased through a broker
Covered risks
The risks covered by the RCA policy, according to the legislation in force, are the following:
- material damages, bodily injuries or death, caused to third parties through the fault of the insured
- damage caused by the lack of use of the damaged vehicle
- court costs incurred by the injured party
Covered risks
The risks covered by the RCA policy, according to the legislation in force, are the following:
- material damages, bodily injuries or death, caused to third parties through the fault of the insured
- damage caused by the lack of use of the damaged vehicle
- court costs incurred by the injured party
Compensation limits
The RCA policy has, starting with 2012, the following compensation limits:
- 1.220.000 EUR / event, for material damages
- 6.070.000 EUR / event, for bodily injuries and death
Excluded risks
- the cases in which the owner, user or driver of the guilty vehicle has no civil liability, if the accident occurred:
a) of a case of major force ;
b) through the exclusive fault of the injured person;
c) through the sole fault of a third party, except for damages caused to third parties, the consequence of opening the vehicle doors while driving or when the vehicle is stopped or parked by its passengers, without ensuring that the safety of other participants is not endangered the traffic. - the damages suffered by the driver of the vehicle responsible for the accident;
- damages caused to property belonging to natural or legal persons, if they were caused by a RCA insured vehicle, owned or used by the same natural or legal person and which is driven by a representative of the same legal entity or by another person for whom it is responsible natural person or legal person;
- damages caused in situations where there is no proof of the validity at the date of the accident of the compulsory RCA insurance or the RCA insurer is not liable;
- the part of the damage that exceeds the compensation limits established by the RCA insurance policy, produced in one and the same accident, regardless of the number of injured persons and the number of persons responsible for causing the damage;
- fines of any kind and criminal expenses incurred by the owner, user or driver of the insured vehicle, responsible for the damage;
- the expenses incurred in the criminal proceedings by the owner, user or driver of the insured vehicle, responsible for the damage, even if the civil side was resolved in the criminal proceedings;
- the amounts that the driver of the vehicle responsible for causing the damage is obliged to pay to the owner or user who entrusted the insured vehicle, for the damage or destruction of this vehicle;
- the damages caused to the transported goods, if between the owner or the user of the vehicle that produced the accident or the responsible driver and the injured persons there was a contractual relationship at the date of the accident;
- damage to persons or property in the vehicle with which the accident occurred, if the insurer can prove that the injured persons knew that the vehicle was stolen;
- damage caused by devices or installations mounted on vehicles, when they are used as machinery or work installations;
- the damages produced by accidents occurred during the loading and unloading operations, these constituting risks of the professional activity;
- damages caused as a result of the transport of dangerous products: radioactive, ionizing, flammable, explosive, corrosive, combustible, which determined or aggravated the damage;
- damage caused by the use of a vehicle during a terrorist attack or war, if the event is directly related to that attack or war;
- claims as a result of the diminution of the value of the goods after the repair
In the situation where the injured person contributed through fault to the accident or to the increase of the damage, the one called to answer will be held liable only for the part of the damage that is imputable to him – the common fault. In such situations, the extent of each person’s liability will be that found by any means of proof.
If the extent of each person’s liability cannot be established, it will be established in equal shares, in relation to the number of parties involved in the accident, each party having the right to compensation in the proportion in which he was not responsible for the accident.
Excluded risks
- the cases in which the owner, user or driver of the guilty vehicle has no civil liability, if the accident occurred:
a) of a case of major force ;
b) through the exclusive fault of the injured person;
c) through the sole fault of a third party, except for damages caused to third parties, the consequence of opening the vehicle doors while driving or when the vehicle is stopped or parked by its passengers, without ensuring that the safety of other participants is not endangered the traffic. - the damages suffered by the driver of the vehicle responsible for the accident;
- damages caused to property belonging to natural or legal persons, if they were caused by a RCA insured vehicle, owned or used by the same natural or legal person and which is driven by a representative of the same legal entity or by another person for whom it is responsible natural person or legal person;
- damages caused in situations where there is no proof of the validity at the date of the accident of the compulsory RCA insurance or the RCA insurer is not liable;
- the part of the damage that exceeds the compensation limits established by the RCA insurance policy, produced in one and the same accident, regardless of the number of injured persons and the number of persons responsible for causing the damage;
- fines of any kind and criminal expenses incurred by the owner, user or driver of the insured vehicle, responsible for the damage;
- the expenses incurred in the criminal proceedings by the owner, user or driver of the insured vehicle, responsible for the damage, even if the civil side was resolved in the criminal proceedings;
- the amounts that the driver of the vehicle responsible for causing the damage is obliged to pay to the owner or user who entrusted the insured vehicle, for the damage or destruction of this vehicle;
- the damages caused to the transported goods, if between the owner or the user of the vehicle that produced the accident or the responsible driver and the injured persons there was a contractual relationship at the date of the accident;
- damage to persons or property in the vehicle with which the accident occurred, if the insurer can prove that the injured persons knew that the vehicle was stolen;
- damage caused by devices or installations mounted on vehicles, when they are used as machinery or work installations;
- the damages produced by accidents occurred during the loading and unloading operations, these constituting risks of the professional activity;
- damages caused as a result of the transport of dangerous products: radioactive, ionizing, flammable, explosive, corrosive, combustible, which determined or aggravated the damage;
- damage caused by the use of a vehicle during a terrorist attack or war, if the event is directly related to that attack or war;
- claims as a result of the diminution of the value of the goods after the repair
In the situation where the injured person contributed through fault to the accident or to the increase of the damage, the one called to answer will be held liable only for the part of the damage that is imputable to him – the common fault. In such situations, the extent of each person’s liability will be that found by any means of proof.
If the extent of each person’s liability cannot be established, it will be established in equal shares, in relation to the number of parties involved in the accident, each party having the right to compensation in the proportion in which he was not responsible for the accident.
Malus bonus system
It provides for the establishment of the RCA insurance premium rates according to the insured’s history regarding the damages caused in a certain reference period. In other words, those who cause damage will pay more for RCA insurance and those who do not cause any damage will be rewarded by reducing the premium to RCA.
There are 8 Bonus classes and 8 Malus classes. Each class corresponds to a certain percentage of reduction or increase of the premium rate for RCA insurance.
