What is KASKO and what to watch out for when arranging it
Czech company ALAR CZ provides a wide range of services and employs qualified professionals. In addition to serving individuals and businesses, and offering professiona business support, the company also handles vehicle insurance in the Czech Republic. This service ensures financial protection for car owners in case of damage under various circumstances. In this article, we’ll explain what KASKO is and its benefits.
What exactly does KASKO mean and what does it cover
Our clients often ask, what is KASKO – it’s a comprehensive accident insurance policy. Unlike mandatory liability insurance (povinné ručení), which is required by law, KASKO is optional insurance. It covers damage to your own vehicle under various conditions.
Here’s what KASKO car insurance typically covers:
- theft or robbery of the vehicle;
- accident damage, even if the policyholder is at fault;
- natural disasters;
- damage due to explosion or fire;
- damage caused by humans or animals;
- damage in parking lots when no culprit is identified.
ALAR CZ offers both affordable packages and full KASKO insurance, especially for new cars that are frequently used or parked outdoors. This service is also commonly used by clients who buy vehicles on credit, as banks require insurance for the collateral.
How to choose the right KASKO policy
To understand how KASKO insurance works, it’s important to choose wisely. Consider:
- driver’s needs;
- vehicle value;
- insurance premium.
Additional factors:
- car model, brand and year;
- driver’s age and experience;
- region of registration;
- list of services and risks.
Premium-class vehicles usually have higher KASKO premiums than cheaper ones. However, ALAR CZ offers customized insurance plans for all clients.
What to watch out for when signing a KASKO agreement
If you’re asking what is KASKO, pay attention to these details when signing the policy:
- option to renew if the car’s value increases;
- limits for coverage within the EU (wheels, windows, regional exclusions);
- exclusion list — when insurance won’t pay out or reduces compensation.
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