RCA

Regardless of the age and experience of the drivers of the vehicles in your company’s fleet, there is a possibility that they will engage in an accident with another vehicle, at some point. In this case, the company must take responsibility for the damage caused, and paying the compensation can seriously affect your budget. RCA liability insurance is mandatory and provides you with financial protection in these situations.

In addition to RCA insurance, you can also opt to add direct settlement. This is an additional, optional clause, provided for in the RCA contract, charged additionally and on the basis of which, in the event of damage caused by the fault of a third party, you can apply to your own RCA insurer who in turn can take the necessary steps for the approval, investigation and compensation of that damage in question. 

Direct settlement shall not affect the right of the injured party to take direct action to recover the damage caused against the RCA insurer of the person responsible for causing the car accident. This clause shall apply to the cumulative fulfilment of the following conditions:

  • Car accidents occur on the territory of Romania;

  • The vehicles involved in the accident are registered in Romania;

  • Damage is caused exclusively to vehicles;

  • Both vehicles involved in the car accident have RCA insurance valid at the time of the event, concluded and confirmed by insurers authorized to take out RCA insurance on the territory of Romania;

  • Damage excludes personal injury.