Car and Equipment insurance

Your advantages by choosing CASCO from If P&C Insurance AS Latvijas filiāle:

• Unlimited car replacement cover;
• Insurance cover of If is valid even if your car is on a ferry, in an auto repair service, car wash or being transported;
• No refused or reduced indemnity because of driving over the speed limit, unless it is stated otherwise in CASCO agreement;
• CASCO is valid even if the accident was caused by unintentional violation of traffic rules, for example, running a red light or missing a stop sign;
• No reduced indemnity if your car is stolen and the keys have been stolen from your house (there is evidence of intrusion);
• Seasonal compliance of tires – CASCO is valid even if you have to use the spare wheel during winter;
• No refused or reduced indemnity after collision with an animal in a location where there are traffic signs about the possibility of animals on the road;
• No limit for the transportation of your car after an accident in Latvia. Abroad the limit is 700 EUR;
• We cover the expenses of water damage to engine. The limit is 5000 EUR;
• CASCO insurance covers expenses caused by theft of car keys or mixing fuel.

Before renewing CASCO insurance policy, please verify that it meets the following criteria:

• The sum insured is not less than the market or renewal value of Rental object;
• Insured risks: vehicle damage (road accidents, fires, natural disasters, etc.), robbery, illegal activities of third parties and death;
• SIA “SEB līzings” (registration number 50003334041) is indicated as the beneficiary of the Insurance indemnity, for which insurance indemnity is paid in the amount of unfulfilled leasing/credit obligations upon occurrence of the insured event;
• Deductible is set by you, but it cannot exceed 140 EUR basic deductible for damage and 20% of the insurance sum of Rental object in case of total loss, theft and robbery (vehicles with full weight up to 3500 kg).

Please send your CASCO insurance policy to or deliver it to any SEB branch.

In order to participate in traffic, owner of a car needs Motor Vehicle Owners' Compulsory Third Party Liability Insurance or MTPL.

MTPL insurance will protect the owner of the vehicle or its eligible user from unexpected costs and will compensate for the damage caused to the health, life and/or property of third parties as a result of a road accident. The MTPL insurance policy compensates the injured person for both material loss and non-material damage (moral damage) in accordance with the insurance limits specified in the MTPL Law.

If you are using financing of SEB līzings and want to receive MTPL insurance offer, please contact our Insurance IF P&C Insurance Latvijas filiāle by calling 67094088 or write to

Special machinery is agricultural, construction, forest or industrial machinery with equipment, primarily used in specially designated areas, including outside of road traffic.

Insurance of special machinery will cover the unexpected costs incurred by machinery:

• Against all risks

or

• Named perils – fire related risks, natural disasters related risks, water damage related risks, 3rd party damage and accidents.

To receive Special machinery insurance offer and sign the insurance policy agreement, please contact us by calling on +371 26668777 or writing an e-mail to

Before renewing Special machinery insurance policy, please verify that it meets the following criteria:

• The sum insured is not less than the market or renewal value of Rental object;
• Insured risks: fire, natural disaster damage, water related damage, 3rd party damage and accidents;
• SIA “SEB līzings” (registration number 50003334041) is indicated as the beneficiary of the Insurance indemnity, for which insurance indemnity is paid in the amount of unfulfilled leasing/credit obligations upon occurrence of the insured event;
• Deductible is set by you, but it cannot exceed 350 EUR basic deductible for damage and 20% of the insurance sum of Rental object in case of total loss, theft and robbery.

Please send your Special machinery insurance policy to or deliver it to any SEB branch.