Estonia, Financial Services, Good for Business, Insurance, Technology
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Thursday, 25.04.2024, 15:37
Ergo, Telia launch online car insurance service in Estonia
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"Vehicle e-insurance is a unique solution in Estonia offering third
party and voluntary motor insurance depending on the amount of use. It means
that the price of insurance depends on the number of days used," Andres Konsap, insurance director at
the Estonian operation of Ergo, said.
He said that the offering is ideally suited for the owners of motorcycles and
hobby vehicles and families having several vehicles.
If a vehicle is used for 15 days or more during a month the regular
insurance premium must be paid. For the period that a vehicle is not used the
insurance can be stopped. A voluntary vehicle insurance contract remains valid
as far as a natural disaster, vandalism and fire are concerned also during the
period when the agreement is on hold, Konsap added.
The service can be ordered by anyone having a valid Telia mobile subscription. Payment occurs with the mobile bill for
the next month.
Clients who so wish can acquire a GPS device allowing to switch the
insurance on and off automatically and also to order voluntary car
insurance.
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