Collision Cover – insurance for a collision

Collision Cover protects you, for example, if your vehicle is damaged by a collision, swerving off the road, a road collapse, or a storm. Read more about Collision Cover and protect your vehicle for damage.

What is collision insurance or Collision Cover?

Collision Cover is part of the voluntary comprehensive motor vehicle insurance for your vehicle. Collision Cover is included in the Standard Motor Insurance and Super Motor Insurance for passenger cars, vans and lorries, as well as the Maxi Motor Insurance for other vehicles. The most limited comprehensive motor vehicle insurance, Medium Motor Insurance, does not include Collision Cover.

Collision Cover covers damage to your vehicle, if the damage is the result of, e.g. a collision, swerving off the road, or a storm. When covered by Collision Cover, your deductible is at least EUR 200 according to your choice. If the damage is not caused by storm or hail, it will also affect your comprehensive motor vehicle insurance bonus. 

Please keep in mind that damage to your vehicle resulting from a collision may also be covered by the other party’s motor liability insurance, if the other party is guilty to the resulting damage. If the damage is covered by the other party’s motor liability insurance, it will not have an effect on your bonus and you will not have to pay a deductible.

Loss event 1: Collision without another party

Arto turns onto his driveway after a long day at work. When parking his car, he backs into the carport, accidentally hitting a ride-on lawn mower parked there. The car topples over the lawn mower and partially climbs on top of it. Startled by the noise, Arto quickly realises what has happened and carefully moves his car forwards so that it doesn’t sit on the lawn mower anymore. Inspecting the damage, Arto notices to his dismay that the collision has damaged the back of the car in addition to its plastic base plate.   

Compensation situation

Arto’s car is protected by Super Motor Insurance. Arto contacts Pohjola Repair Advisor who handles the repair and reports the damage to Pohjola Insurance. The damage is covered by Super Motor Insurance’s Collision Cover. Arto has to pay EUR 200, which is the deductible he chose when insuring his car.

Loss event 2: A collision with another party

On her way to an activity, Tea sits in her car during the afternoon rush hour. The traffic lights turn green, and the cars ahead of her nudge forward. Bit by bit, Tea starts to move, too. She’s driving fairly fast when the lights turn amber. Hesitating for a moment, Tea decides to stop at the lights. Because of the short distance between the cars, the next driver doesn’t react in time, resulting in a collision. Both Tea’s car and the car behind her are damaged.

Compensation situation

Tea’s car is protected by Standard Motor Insurance. Tea contacts Pohjola Repair Advisor who handles the repair and reports the damage to Pohjola Insurance.

If Tea is found guilty of causing the accident, the damage to the obligor’s vehicle is covered by Tea’s motor liability insurance and the damage to Tea’s vehicle is covered by the Collision Cover included in her comprehensive motor vehicle insurance. When the compensation is paid by the motor liability insurance, Tea doesn’t have to pay a deductible but the accident negatively impacts the bonus of her motor liability insurance from the start of the next insurance period onwards. The damage to Tea’s own car is covered by the Collision Cover included in her comprehensive motor vehicle insurance, and Tea pays the EUR 200 deductible that she has opted for. The compensation situation negatively affects the Collision Cover bonus from the start of the next insurance period onwards.

If the obligor is deemed guilty of causing the accident, the damage to Tea’s vehicle will be covered by the obligor’s motor liability insurance. Consequently, the accident will not have any effect on Tea’s Collision Cover or the bonus of her motor liability insurance, and Tea will not have to pay a deductible for the accident. The damage to the obligor’s vehicle will be covered by his/her comprehensive motor vehicle insurance, provided that it includes collision cover.

 

How can I include Collision Cover in my insurance?

If you do not yet have motor insurance with Pohjola Insurance, you can calculate the price of the insurance and Collision Cover from the link below.

If you already have motor insurance with Pohjola Insurance but your policy’s comprehensive motor vehicle insurance does not include Collision Cover, or you are unsure whether the cover is included, you can check and expand your insurance coverage by logging into the op.fi service. Open your vehicle’s insurance policy to check the types of cover included, and change your insurance coverage if necessary. 

How much does Collision Cover cost?

To find out how much Collision Cover costs, follow one of the links below to calculate the price of insuring passenger cars, motorcycles, or campervans. Enter some basic details about the vehicle and the policyholder, and we will calculate the price of the vehicle insurance. You can set the deductible of your insurance at EUR 200 or EUR 300. Selecting a higher deductible reduces the price of the insurance. 

Please note that the cover is only included in the Super Motor Insurance and Standard Motor Insurance for passenger cars, vans and lorries, as well as the Maxi Motor Insurance for other vehicles. 

Collision Cover and bonus

The Collision Cover bonus is a reward system, which rewards safe driving with a high bonus that provides a discount on your vehicle’s Collision Cover premium. The maximum bonus of the comprehensive motor vehicle insurance is 70% and, as a new driver, you will get the maximum bonus of 70% for your vehicle’s Collision Cover straight away. 

Collision Cover bonus in case of loss or damage

If you have an accident that is covered by Collision Cover and you have a full bonus of 70%, your collision cover bonus will decrease by 10 percentage points for the next insurance period. If your collision cover bonus is lower than the full 70%, the bonus decreases by 20 percentage points for each insurance event indemnified from Collision Cover. Collision cover bonus is not decreased if the damage coverable by Collision Cover is caused by storm or hail. 

Increasing the Collision Cover bonus

If you make it through the insurance period without loss or damage coverable by Collision Cover, your Collision Cover bonus will increase by 10% during the next insurance period, up to but not more than 70%.