Leasing Insurance

The MTPL policy is a guarantee of safety for all road traffic participants. In the event of a road accident, the impaired party is entitled to a compensation for damage to the vehicle, health or property.

In order to receive compensation, the impaired party must contact the insurance company that issued the MTPL policy to the owner of the guilty vehicle. 
The MTPL policy from BTA has several benefits:  

• Convenient payment. The premium for the MTPL policy is combined with the leasing payment. 
• Easy prolongation. Before ending the MTPL policy, you will receive an email with new insurance offer. 
• Best value for money. By insuring the leasing object, special discount applies on the MTPL premium. 

CASCO policy provides financial support in case of damage, vandalism, theft or total destruction of the vehicle. 

When you lease a vehicle, it is important that the CASCO policy complies with the leasing insurance requirements. If an insurance event occurs, the insurance company will help to fulfill the necessary formalities and will provide free-of-charge consultation. 

The CASCO policy from BTA has several benefits:  

• Insurance for the entire leasing term. Apply for CASCO insurance once and stop worrying about the safety of your vehicle in European countries – before ending the CASCO policy, you will receive an email with new insurance offer.
• Monthly payments at no extra expense. CASCO insurance premium is combined with leasing payments and can be divided into 12 payments without any additional costs.
• Best value for money. By insuring the leasing object, special discount applies on the CASCO premium, as well as Roadside Assistance cover can be used free of charge. Emergency services like fuel delivery, engine start-up or vehicle evacuation to the repair shops are available in 24/7 regime with no limits of amount and frequency. 

If instead of Standard Package you select Premium package, then you will get several additional covers in your CASCO policy, for example, luggage insurance, option to use a replacement car, personal accident insurance for the driver and all passengers, as well as leasing value insurance for new vehicles. 

Specialized Machinery Insurance (sometimes called CPM or Contractor's Plant & Machinery Insurance) allows you to protect agricultural, construction, forestry and other special work vehicle together with equipment against various risks, so that you can successfully continue your economic activity. 

The Specialized Machinery Insurance policy from BTA has several benefits: 

• Regional territorial coverage.* Insurance protection for the entire leasing term works not only in Latvia, but also in Estonia and Lithuania.
• Monthly payments at no extra expense. The Specialized Machinery Insurance premium can be divided into 12 payments without any additional costs, moreover, it is combined with leasing payments.
• Best value for money. By insuring the leasing object, special discount applies on the Specialized Machinery Insurance premium, moreover, the insurance does not contain any increased deductible for any machinery units for collection and/or supply of special substances and materials to be processed.

If instead of Standard Package you select Premium package, the Specialized Machinery Insurance policy additionally includes the coverage during the rental period, the coverage during underground work, the coverage for works on the water, as well as the zero deductible in case of total destruction and theft.