Motor vehicle collision insurance applies to passenger cars and utility vehicles, trucks, trailers, tractors, semi-trailers and motorcycles.

In case of financial leasing and credit financing, the premium for collision insurance is paid along with instalments for financing. ILS cooperates in the field of collision insurance with the below insurance companies:

• Generali Slovensko poisťovňa, a.s.
• Allianz - Slovenská poisťovňa, a.s.

INSURANCE RISKS
The financed vehicle is insured against damage, destruction caused by collision, failure of parts or the entire financed vehicle, vandalism, and natural disasters.

TERRITORY COVERAGE
Insurance coverage applies to the geographical territory of Europe.

INSURANCE SUM
The determination of proper insurance sum (financed vehicle price) is a crucial point in insurance agreement. New and used financed vehicles are insured for the new price of financed vehicle, including VAT, without discounts. The new price denotes the new value of financed vehicle determined according to current basic documents supplied by the authorised seller of the particular brand of vehicles and vehicle type. With used financed vehicles, the new price is determined according to basic documents supplied by the authorised seller or current Auto Data or EUROTAX price list.

ASSISTANCE SERVICES
Assistance services guarantee technical support in case of problems with the financed vehicle not only on the territory of Slovakia, but also on large portions of the territory of Europe—they provide you with medical, tourist, travel, and administrative-legal information. Insurance companies provide assistance services as stated by their respective terms and conditions of assistance.

FINANCED VEHICLE SECURITY
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