Requirements of Luminor Līzings SIA for land transport insurance | Luminor
Insurance provisions:

  • Luminor Līzings SIA has to be stated as the beneficiary in the CASCO policy;
  • The amount of cover has to be equal to the market value of the leasing object, VAT included, at the moment of concluding the policy. Payment of insurance money in case of damage must be calculated including VAT.
  • Deductibles for damages of vehicles with GVM (gross vehicle mass) up to 3500 kg cannot exceed 500 EUR; Deductibles in case of total loss, theft and/or robbery cannot exceed 15% of the amount of cover;
  • Deductibles for damages of vehicles with GVM over 3500 kg cannot exceed 1000 EUR;
  • Deductibles in case of total loss, theft and/or robbery cannot exceed 15% of the amount of cover;
  • The following risks shall be covered by the CASCO policy: accident (damages), natural events, fire, theft, robbery, illegal conducts by third persons;
  • One of the following territories shall be indicated in the CASCO policy: Latvia, the Baltic States, Europe, Europe + CIS.

Insurance companies accepted by Luminor Līzings SIA during validity term of the leasing contract:

  • AAS Balta
  • AAS Baltijas Apdrošināšanas Nams*
  • AAS BTA Baltic Insurance Company
  • Compensa Vienna Insurance Group ADB Latvijas filiāle
  • ERGO Insurance SE Latvijas filiāle
  • ADB “Gjensidige” Latvijas filiāle
  • If P&C Insurance AS Latvijas filiāle
  • Seesam Insurance AS Latvijas filiāle
  • Swedbank P&C Insurance AS Latvijas filiāle
*Maximum sum insured limit per one object 100 000 EUR