MTPL Insurance
What is MTPL?
Motor Third Party Liability insurance. Covers damages caused to third parties in traffic accidents.
How to get it
1. Choose a licensed insurance company. 2. Prepare documents: registration, driver license, passport. 3. Buy policy online or in office. 4. Valid for 1 year.
Cost
Depends on engine volume, driving experience, region, and accident history. Average: 1500-5000 UAH/year.
Coverage limits
Property damage: up to 130,000 UAH. Life/health: up to 260,000 UAH per victim.