Limit of indemnity increased to €1.3 million on all light commercial vehicle policies
Following the implementation of the European Union (Motor Insurance) Regulations 2023, there has been a change to the minimum level of indemnity that is required under the Third Party Property Damage section of our motor insurance policies.
As a result, our limit of indemnity has been increased to €1.3 million on all light commercial vehicle policies. This change applies to any claim registered on or after 23 December 2023. Our documents are currently in the process of being updated to reflect this change.
Please note our private car policies are unaffected by this change as the current level of indemnity is above the minimum requirement. Please refer to the policy schedule to see the Third Party Property Damage limit for private car.