How much does CASCO cost in Moldova: what determines the price and how to get an accurate quote

CASCO is voluntary motor insurance that protects your own vehicle against road accidents, theft, fire, natural disasters, and other risks. Its main difference from mandatory MTPL (RCA) insurance is that CASCO provides compensation regardless of who is at fault in the accident — even if you caused it yourself. The premium is calculated individually and depends on the value of the vehicle, the selected policy type, and the deductible amount.

One of the first questions car owners ask is: how much does CASCO cost in Moldova? There is no universal answer. The price depends on the specific vehicle, the selected policy type, the insurance company, the deductible, the vehicle's age, the driver's experience, and the range of covered risks. Therefore, an exact price can only be obtained through an individual calculation.

In this article, we will explain what determines the cost of CASCO, which three policy types are available through Superpolis, how a deductible helps reduce the premium, and how to obtain an accurate quote before purchasing a policy.

How CASCO differs from MTPL (RCA)

MTPL (RCA) is mandatory motor third-party liability insurance. If you are responsible for a road accident, MTPL covers the damage caused to the injured party but does not pay for repairs to your own vehicle.

CASCO solves exactly this problem — it protects your own vehicle:

What a CASCO policy covers

A standard CASCO policy available through Superpolis covers:

• road accidents, including cases where you are at fault;

• total or partial vehicle theft;

• theft of accessories and equipment, including wheels, tires, the audio system, and the navigation device. Compensation for wheels and tires is available if other parts of the vehicle were also damaged as a result of the insured event;

• fire, including spontaneous combustion;

• natural disasters, including hail, floods, and lightning;

• damage caused by falling objects, such as trees, branches, or snow falling from roofs;

• other unforeseen events specified in the insurance contract.

The specific list of covered risks depends on the selected policy type. Comprehensive coverage is available with the CASCO FULL and CASCO PREMIUM packages.

Which CASCO policy types are available through Superpolis

Superpolis offers three types of CASCO policies. The right choice depends on your needs, budget, and how essential your vehicle is to your daily life.

• CASCO FULL — maximum protection

A comprehensive package with no limitations. It includes protection against all risks (road accidents, theft, fire, natural disasters, and damage caused by third parties), telephone support, and professional assistance in the event of an insured incident if the vehicle is unable to continue driving.

Who is it suitable for? Owners of new or high-value vehicles who want complete peace of mind without compromise.

• CASCO PREMIUM — maximum protection plus a replacement vehicle

Includes everything offered by CASCO FULL, plus one major advantage: depending on the selected package, the insurer provides a replacement vehicle for the entire repair period following an insured event. You won't be left without a car for even a single day.

Who is it suitable for? People whose vehicle is an essential work tool or a daily necessity, and for whom even one day without a car is critical.

• CASCO with a deductible — the economical option

You assume part of the loss yourself — this is known as the deductible. If the damage is less than the deductible, the insurer does not pay. If the damage exceeds the deductible, the insurer covers the difference. The higher the deductible, the lower the cost of the policy.

Who is it suitable for? Experienced drivers who are willing to accept the risk of minor losses in exchange for significant savings on the cost of the policy.

Comparison table:

The Superpolis broker will help you determine which option best suits your needs. Call: 076 744 446 or 079 044 443.

→ Request a CASCO quote on Superpolis.md

Who should especially consider purchasing CASCO

CASCO is voluntary insurance. However, in certain situations, it is practically indispensable:

• A vehicle purchased with a loan or lease. Most banks in Moldova require CASCO as a mandatory condition for issuing a car loan. This is a standard form of protection for the pledged asset.

• A new vehicle. Losing such a vehicle due to theft or a serious accident may result in significant financial losses.

• A high-value vehicle. Repair costs may amount to tens of thousands of Moldovan lei.

• A used vehicle with a high market value. CASCO is also available for second-hand vehicles, and the insured amount is calculated based on the vehicle's current market value.

• A family vehicle. If losing the vehicle would significantly affect the family's budget.

• A vehicle used for work purposes (taxi, deliveries, field work). In this case, CASCO PREMIUM with a replacement vehicle is particularly beneficial.

• Parking in an open yard. There is a higher risk of damage caused by falling branches, hail, or unlawful actions by third parties.

What determines the cost of CASCO

The cost of a CASCO policy is calculated individually. Even if two vehicles appear similar, the price of the policy may differ depending on the year of manufacture, market value, operating conditions, and insurance history.

The price is influenced by:

• the make, model, and year of manufacture of the vehicle;

• the vehicle's market value, which serves as the basis for calculating the insured amount;

• the type of policy (FULL is more expensive than a policy with a deductible);

• the deductible amount (the higher it is, the lower the policy price);

• the driver's age and driving experience;

• the list of authorized drivers;

• the vehicle category (passenger car, truck, bus);

• the selected insurance company;

• whether the owner is an individual or a legal entity.

This is why a simple universal CASCO calculator is not enough. The final price is calculated individually after analyzing the information about the vehicle and its owner.

How the make and age of the vehicle affect the cost of CASCO

The make, model, and age of the vehicle are among the key factors affecting the cost of a CASCO policy. The more expensive the vehicle, the higher the potential repair or compensation costs, and therefore the higher the insurance premium may be.

For example, CASCO for a new business-class vehicle will generally cost more than for a vehicle with a lower market value. This is determined not only by the vehicle's purchase price but also by the cost of spare parts, repairs, and maintenance.

The age of the vehicle also matters. New vehicles are more commonly insured under CASCO FULL or PREMIUM, especially if they were purchased through financing or have a high market value. CASCO is also available for second-hand vehicles, with the insured amount calculated based on their current market value.

The vehicle's liquidity and the availability of spare parts are also taken into account. If spare parts are expensive or repairs require specialized service centers, this may affect the insurance premium.

How driving experience affects the cost of CASCO

Driving experience helps the insurance company assess the likelihood of an insured event. The less experienced the driver, the greater the risk of mistakes on the road, especially in situations such as heavy city traffic, parking, adverse weather conditions, or night driving.

For drivers with limited experience, the cost of CASCO may be higher. More experienced drivers may receive more favorable terms.

The list of authorized drivers is also taken into account. If the vehicle is driven by only one experienced driver, the insurance terms may be more favorable. If several people are authorized to drive the vehicle, including young or inexperienced drivers, the insurer's risk increases.

To obtain an accurate quote, it is important to specify from the very beginning who will be driving the vehicle. Failing to disclose this information may create difficulties when claiming compensation after an insured event.

What is a deductible and how does it reduce the cost of the policy?

A deductible is the portion of the loss that the vehicle owner pays out of pocket when an insured event occurs. For example, if your policy includes a deductible of €200 and the damage amounts to €1,000, the insurance company will pay €800.

A deductible helps reduce the cost of CASCO. The higher the deductible, the lower the insurer's risk of paying small claims, which means the policy becomes cheaper. This option is suitable for drivers who want protection against major losses while being willing to cover minor damages themselves.

The deductible should be chosen carefully. If it is too high, using the insurance for minor damage may become impractical. A deductible is particularly relevant for those who want to save on CASCO without giving up essential protection.

→ Calculate the cost of CASCO with a deductible on Superpolis.md

What CASCO does NOT cover

Before purchasing a policy, it is important to understand which situations are excluded from coverage. Typical exclusions specified in insurance contracts include:

• driving under the influence of alcohol or narcotic substances;

• serious violations of traffic regulations;

• using the vehicle for purposes other than those intended;

• participation in sports competitions or races;

• allowing a person who is not listed in the policy as an authorized driver to operate the vehicle;

• normal wear and tear or manufacturing defects of the vehicle.

The exact list of exclusions depends on the insurance company and the selected policy type. Before signing the contract, a Superpolis broker will help you review all the terms and conditions to avoid unpleasant surprises.

Why prices differ between insurance companies

CASCO prices in Moldova may vary from one insurance company to another even for the same vehicle. This is completely normal because each insurer evaluates risks differently, designs its own insurance programs, and establishes its own coverage terms.

Differences may relate to the list of covered risks, deductible amount, compensation limits, repair conditions, partner service centers, claim settlement speed, and the insurer's internal risk assessment.

Sometimes a cheaper policy may include more limitations: a higher deductible, fewer covered risks, or a limited choice of repair shops. Therefore, it is important to compare not only the price but also the policy terms.

The role of an insurance broker is to help vehicle owners compare offers and understand which one is truly more beneficial. The cheapest option is not always the best one.

What documents are required to purchase CASCO

To purchase a CASCO policy through Superpolis, you will need:

• the vehicle registration certificate (technical passport), which contains the vehicle's technical specifications;

• the personal details of the vehicle owner;

• the driving licenses of all individuals who will be authorized to drive the vehicle (this affects the insurance terms and the final policy price).

To calculate the premium, the broker will also ask for: the make, model, and year of manufacture of the vehicle, the vehicle's current market value, the preferred type of policy (FULL, PREMIUM, or with a deductible), the desired deductible amount, information about a loan or lease agreement, if applicable.

The insurance company will always require either a vehicle inspection or photographs of the vehicle to document its condition before the policy comes into effect.

How to get an accurate CASCO quote

To receive an accurate CASCO quote, you need to provide information about both the vehicle and its owner. For a preliminary calculation, the following information is usually required:

• the make and model of the vehicle;

• the year of manufacture;

• the market value;

• the mileage and technical condition;

• the owner's details and driving experience;

• the list of authorized drivers;

• the desired policy type and deductible amount;

• information about a loan or lease agreement, if applicable.

On Superpolis.md, you can submit an online request to calculate the cost of CASCO. After that, specialists will help clarify all the details, compare offers, and choose the option that best suits your vehicle and budget.

How to purchase CASCO through Superpolis: step by step

The process takes only a few minutes, but it requires slightly more attention than purchasing MTPL insurance because CASCO is tailored to the specific vehicle and the owner's needs.

1. Submit a request. Visit superpolis.md or call 076 744 446 / 079 044 443.

2. Receive a personalized consultation. A specialist will help you determine which type of policy best suits your needs (FULL, PREMIUM, or with a deductible) and what deductible amount is optimal.

3. Compare available offers. The broker will present offers from several insurance companies.

4. Choose the best option and sign the policy. After comparing the available options, you select the one that best suits your needs and complete the insurance contract.

5. Vehicle inspection and policy delivery. If the CASCO policy is issued for a new client, a Superpolis representative will arrange a meeting, explain all the policy terms in detail, carry out a photo inspection of the vehicle, and deliver the policy to the client.

What to do if a CASCO insured event occurs

If your vehicle has been involved in an accident, stolen, damaged by natural events, or another insured event has occurred, follow these steps:

1. Take measures to minimize the damage. If it is safe to do so, take reasonable steps to prevent the damage from becoming more severe.

2. Notify the insurer and Superpolis. Immediately notify both the insurance company and the Superpolis broker about the incident. Specialists will explain the correct procedure: whether you need to call the police or whether the Amicable Accident Report (Constatare amiabilă) procedure can be used if the amount of damage does not exceed 15,000 MDL. This procedure can be used for both MTPL and CASCO claims.

3. Notify the police and obtain an official report. This document is required for the insurance company to open a claim file.

4. Do not move or repair the vehicle. Do not move or repair the vehicle before consulting the broker. This is extremely important. Repairs carried out without the insurer's approval may result in a denial of compensation.

Superpolis will then assist you throughout the entire claims process by helping with documentation, communication with the insurer, monitoring compensation deadlines, and resolving any disputes.

How to save money on CASCO without sacrificing protection

You can reduce the cost of CASCO, but it is important to do so wisely. Lowering the premium should not mean giving up essential protection.

• Compare offers from several insurance companies — prices and coverage for the same vehicle may vary significantly.

• Choose the right policy type — if the vehicle is not new, CASCO with a deductible may sometimes be sufficient instead of FULL coverage.

• Specify the list of authorized drivers accurately — if only one experienced driver uses the vehicle, the insurance terms may be more favorable.

• Purchase the policy through a broker — a broker compares not only prices but also deductibles, exclusions, claim settlement periods, and partner repair facilities.

• Choose a reasonable deductible — this reduces the premium while maintaining protection against major losses.

Why it is convenient to purchase CASCO through the Superpolis broker

Superpolis.md is a licensed insurance broker in the Republic of Moldova. The company does not issue insurance policies itself but cooperates with the country's leading insurance companies. The activities of insurance brokers in Moldova are regulated by the National Commission for Financial Markets (CNPF). The legal entity operating the Superpolis platform is Practic-Asig SRL.

Benefits of purchasing CASCO through a broker:

• Compare multiple offers instead of just one. You can review offers from several insurers at once and choose the best conditions.

• Personalized consultation. FULL, PREMIUM, or a policy with a deductible? What deductible amount is optimal? A broker will help you make the right choice based on your vehicle and driving habits.

• Support in the event of a claim. We do not disappear after issuing your policy. We assist you with documents and communication with the insurance company.

• Only verified insurers. The platform features only licensed insurance companies.

• No additional broker service fees. Moreover, official discounts may be available for certain voluntary insurance products, including CASCO.

Frequently asked questions about CASCO

How much does CASCO cost in Moldova?

There is no fixed price. The cost is calculated individually based on the make, model, year of manufacture, and market value of the vehicle, the selected policy type (FULL, PREMIUM, or with a deductible), and the deductible amount. Submit a request on superpolis.md, and our specialists will prepare a personalized quote.

Does CASCO provide compensation if I am at fault in an accident?

Yes. This is the key difference between CASCO and MTPL. CASCO covers damage to your own vehicle regardless of who caused the accident. MTPL does not provide this protection.

Is CASCO mandatory when purchasing a vehicle with a car loan?

In most cases, yes. Banks in Moldova require CASCO as a standard condition for granting a car loan. It protects the pledged asset. Be sure to check your bank's requirements before signing the loan agreement.

What is the difference between CASCO FULL and CASCO PREMIUM?

CASCO PREMIUM includes everything available under CASCO FULL, plus a replacement vehicle for the entire repair period following an insured event. If it is important for you to always have access to a vehicle, PREMIUM is the best choice.

Can I insure a second-hand vehicle with CASCO?

Yes. CASCO is available for both new and second-hand vehicles. The insured amount is calculated based on the vehicle's current market value.

Why do I need a deductible?

A deductible is the portion of the loss that you pay yourself in the event of an insured incident. For example, if the deductible is €200 and the damage amounts to €1,000, the insurer pays €800 while you pay €200. The higher the deductible, the lower the insurance premium. This option is suitable for drivers who are willing to cover minor damages themselves while remaining protected against significant losses.

What documents are required to purchase CASCO?

The vehicle registration certificate, the owner's personal details, and the driving licenses of all authorized drivers. The insurance company will always require either a vehicle inspection or photographs of the vehicle.

What should I do if I damage my own vehicle, for example by scratching it in a parking lot?

If you have a CASCO policy, the damage may be covered. You should immediately notify the police (to obtain an official report) and the insurance company. Do not attempt to repair the vehicle before consulting your broker, as this may result in a denial of compensation.

If I already have MTPL (RCA), do I still need CASCO?

MTPL is mandatory insurance that protects other road users. It does not cover repairs to your own vehicle. CASCO provides exactly this protection. One policy does not replace the other — for comprehensive coverage, it is recommended to have both.

Request a CASCO quote on Superpolis.md

The cost of CASCO in Moldova depends on the vehicle, the selected policy type (FULL, PREMIUM, or with a deductible), and the deductible amount. The exact premium for your vehicle will be calculated by Superpolis specialists after a brief consultation.

→ Request a CASCO quote on Superpolis.md

Not sure which type of policy is right for you?

Our broker will help you choose the best option.

→ Get a CASCO consultation: 076 744 446 / 079 044 443