The price of a comprehensive motor vehicle insurance is the sum of several factors
The cost of a comprehensive motor vehicle insurance is determined by the vehicle’s properties, and your details. Vehicle-specific factors affecting the price of comprehensive motor vehicle insurance include the tare weight or total weight, cylinder volume, power-to-weight ratio (kW/kg), age and municipality in which you use the vehicle. The make and body type of the car also affect the price of comprehensive motor vehicle insurance. Your history as policyholder and the bonuses you have accumulated are examples of personal data that affect the price of your comprehensive motor vehicle insurance. The type of the comprehensive motor vehicle insurance you chose and the deductible of the collision cover affect the price of your comprehensive motor vehicle insurance.
The product guide contains more information on the factors that affect the price of a comprehensive motor vehicle insurance. You can calculate the price of your insurance quickly and easily in our webshop.
Seasonal rating according to the riding season
Seasonal rating is applied to the motor liability insurance and Maxi Motor Insurance policies for motorcycles, mopeds, all-terrain vehicles and snowmobiles, and to the Maxi Motor Insurance policies for caravans. The premiums are lower during months when a vehicle is unlikely to be used.
When you use your vehicle only during the season typical for such vehicles, for example, you ride your motorcycle only from spring to autumn, this is reflected in the premium. This means that you do not have to decommission the vehicle for the winter even if you do not use it. However, if you will not be using your motorcycle through all of the summer season, you can of course decommission it and receive a refund for the insurance premium.
Comprehensive motor vehicle insurance bonus
Comprehensive motor vehicle insurance collision cover begins with a bonus of 70%. Comprehensive motor vehicle insurance bonuses increase for no-claims insurance periods by 10% a year up to 70%. The accumulated comprehensive motor vehicle insurance bonus reduces the collision cover premium.
Comprehensive motor vehicle insurance bonus increases when the car has been used in traffic during an insurance period for at least 120 days without any losses covered under collision cover. Your comprehensive motor vehicle insurance bonus can increase once during a single year. Note that comprehensive motor vehicle insurance bonuses decrease with each loss compensated from collision cover by 20%. However, if you have had comprehensive motor vehicle insurance with Pohjola Insurance with a bonus of 70% for five consecutive years without losses at the time of the loss in question, your 70% bonus will only be reduced to 60% due to loss. Claims filed for losses due to storm or hail, for example, will not reduce your bonus.
Comprehensive motor vehicle insurance and OP bonuses
As an OP owner-customer, you will benefit from a number of benefits and from the OP bonuses that accumulate from your banking and insurance transactions. Comprehensive motor vehicle insurance and motor liability insurance also accumulate valuable OP bonuses. Owner-customers can use their OP bonuses to pay for their insurance and banking fees. OP bonuses can be used to pay for vehicle insurance premiums.
Owner-customers can also get a discount on the car insurance. When you are an owner-customer of ours and you have policies from three product groups, you can have a discount of almost 10% for your vehicle insurance policies and almost 18% for comprehensive motor vehicle insurance policies with no-claims with bonuses.
Validity of comprehensive motor vehicle insurance abroad
Comprehensive motor vehicle insurance is valid throughout Europe and in Green Card countries outside Europe, with a number of exceptions. Please note that abroad the deductible of your comprehensive motor vehicle insurance is higher. You find information on country-specific exceptions to the validity of the comprehensive motor vehicle insurance and its various covers, and on country-specific deductibles in the product guide at the bottom of this page.