In Ukraine, a key rule for drivers will change from January 1st.

Ukraine is establishing new automobile insurance rules starting in 2025

Beginning January 1, 2025, Ukraine will undergo a reform of its automobile insurance system. These changes aim not only to provide better protection for drivers but also to simplify the process of obtaining insurance payouts after an accident.

According to information from uamotors.com.ua, the innovations include the introduction of direct damage settlements. This means that drivers will no longer depend on insurance companies to receive compensation for damages caused by accidents.

Additionally, the amounts of insurance payouts will increase. In the case of injuries to individuals in an accident, the maximum payout will be 500 thousand hryvnias, while for damaged property it will be up to 250 thousand hryvnias. Experts anticipate that these amounts may rise to levels seen in Europe.

The significant innovation will involve the use of original spare parts for cars that are up to 5 years old. Older cars will be repaired using high-quality analogs.

Car owners will also have more freedom in choosing service stations for repairs. If the options proposed by the insurance company do not suit the owner, they will be able to select the service for restoring their vehicle.

However, alongside these changes, the cost of mandatory insurance will also rise. It is important to emphasize that purchasing a policy in 2024 will not guarantee higher payouts – these will depend on the date of policy issuance and not the date of the insurance incident.