Greenval Insurance DAC can provide the following motor insurance products:
Third Party Liability (TPL) - This Insurance covers the insured in case of legal responsibility for Damage caused to a Third Party by an automobile. It is compulsory in all EU countries.
Motor Own Damage (MOD) - This insurance covers the damages incurred on the insured vehicle. Also known under the name CASCO, this insurance can include a lot of different perils : Fire, Natural Disaster, Theft of the vehicle, Personal Belongings, Professional Belongings, and Hail etc.
Driver Cover - This Insurance covers the driver in case of an accident not involving a Third Party or and accident involving a Third Party where the driver is at fault (in the cases where TPL cover does not insure the driver).
GAP - This insurance covers the difference between the market value and the written book value of the vehicle. If the vehicle is deemed to be a write off, GAP insurance will cover the difference between the amount paid by the insurance company and outstanding finance owed on the insured vehicle.
Legal expenses - This insurance covers financial assistance when the insured person commences legal action for damages against third parties.
Natural perils cover - Greenval offers natural perils insurance cover to Arval entities to protect risk retention programmes and used car stocks.