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All you need to know about compulsory car insurance


Property insurance companies operating in Egypt provide car insurance policies of all kinds, and the law defines mechanisms, benefits and coverage for each type of those documents, which are as follows:
First: Compulsory car insurance
Under this type of insurance, the insurance company undertakes to cover civil liability arising from death, or for any bodily injury to any person from car accidents if they occur inside Egypt, and the company's commitment is an amount of forty thousand pounds in cases of death or permanent total disability, and the amount of compensation is determined Cases of permanent partial disability in the amount of the percentage of disability and the value of damage to the property of others, up to a maximum of ten thousand pounds, excluding vehicle damage in accordance with the provisions of Law No. 72 of 2007.

Supplementary car insurance

1- Private car insurance policy
It is issued for the angel car that is used for domestic and social purposes, for outings, and for the work of the insured.
2- A commercial vehicle insurance policy
It is issued for cars that are used for commercial purposes such as transport, taxi, bus and rental cars, as well as cars of special types such as agricultural tractors, ambulances, fire trucks, and others.
3- Motorcycle insurance policy
Whether these motorcycles are private or commercial (with a refrigerator installed on them).
4- Commercial licenses insurance policy (metal plates).
Provided that metal plates are installed on cars owned by the insured, for those who engage in the manufacture, trade in, import or repair of cars.

Types and covers of auto insurance policies

It is a requirement that the car has not previously had its license plates withdrawn administratively from traffic
Coverage is applicable in the following cases:
1- Transfer of the car from the place of arrival or the factory to the shop.
2- Test the car after it arrives.
3- Test the car in front of the buyer.
4- Transferring the car to the Traffic Department for licensing.
5- Moving the car to the place of repair.
Car insurance in general
Car insurance is generally divided into compulsory or compulsory insurance, and supplementary or optional insurance, according to the need and desire of the car owner, while the purchase of the compulsory insurance policy on the car is imposed according to the law and its value is paid by the traffic departments on each car upon issuance or renewal of the license and collected by companies Insurance through its booths approved by traffic departments.
Through it, the injured person can obtain any compensation value when they are exposed to any losses as a result of accidents on the roads, and it was approved in favor of pedestrians whose families or heirs can obtain a compensation value of 40 thousand pounds in the event that the driver causes a death accident in his car for an individual, or an amount of up to 15 One thousand pounds when he suffers from total or partial disability.
The insurance companies pay when the vehicle data is present in the prosecution report, and in the event that the death is recorded in an unknown car, the government fund to cover the damages arising from accidents in rapid transit vehicles inside Egypt shall pay, and everyone who was in the car and suffered an injury is entitled to receive compensation.
Compulsory car insurance is one of the types of insurance paid by any individual going to buy a car, and many do not know its importance or purpose in protecting against road accidents.

The most important of these are the controls for this type of insurance:

1- Compulsory insurance for cars is one of the most important insurance policies in Egypt, and it was imposed in 2007 and its value is paid in traffic departments on every car upon issuance of the license and collected by insurance companies through their approved outlets.
2- The importance of compulsory insurance is to cover the damage resulting from unknown road accidents towards others, and the Unknown Accident Fund pays compensation for those affected by 40 thousand pounds in the event that the driver causes death, or a compensatory amount in the case of total or partial disability.
3- The insurance covers the civil liability arising from death or any bodily injury to any person from the car accidents if they occurred in the Arab Republic of Egypt and the insurance company’s commitment is worth an amount of forty thousand pounds in cases of death or permanent total disability and determines the amount of compensation for partial disability cases Those who are paid by the percentage of disability and the value of damages, which are caused to the property of others, up to a maximum of ten thousand pounds, excluding vehicle damage, according to the provisions of Law No. 72 of 2007.
4- There are specific procedures that the insured or his representative must follow in order to obtain compensation, which is to inform the insurance company of the accident caused by the vehicle within seven days from the date of its occurrence, and he must take all necessary precautions and measures to avoid the further damage caused by it.
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