Obligatory third party liability insurance of motor vehicle owners is regulated by Art. 7 of the Law of Ukraine "On insurance" and "The Regulation on procedure for and terms of obligatory third party liability insurance of motor vehicle owners" approved by the Decree of the Cabinet of Ministers of Ukraine ¹1175 dated September 28, 1996.
WHAT SHOULD BE DONE?
In case of the onset of the insured loss the insured (the driver of a motor vehicle, who has committed a traffic accident) shall be obliged to:
comply with the Traffic Regulations established by the legislation in force;
collect information about other participants of the event (last, first, middle names, makes and state registration numbers of motor vehicles and other identification details of the damaged objects);
take all measures possible to prevent an increase in the amount of damage;
furnish third parties with information necessary for identification of the insured and the insurer;
within three working days to notify the insurer of the onset of the insured loss;
During execution of the corresponding documents related to the traffic accident the personnel of the internal affairs bodies pursuant to the legislation in force ascertains and fixes necessary data on obligatory third party liability insurance of the event's participants.
In case the insured, having reasonable excuses therefor, was unable to perform the aforesaid actions, he/she should prove it with documents.
DOCUMENTS NECESSARY FOR INVESTIGATION OF THE INSURANCE CASE:
a claim drawn up according to the set form;
a written explanation of circumstances of the traffic accident;
original insurance policy;
a copy of the Protocol of administrative violation and the Certificate of participation in a traffic accident with indication of mechanical damages caused to the third party's motor vehicle;
other documents confirming the fact and circumstances of the onset of the insured loss, the amount of losses etc. — upon request of the insured.
In case of need the motor vehicle shall be given for inspection and expert examination.
Taking the circumstances of a specific event into consideration, the insurer shall be entitled to demand provision of other documents confirming the fact and circumstances of the onset of the insured loss, the amount of loss and fulfillment by the insured of terms and conditions of the insurance contract.
