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Frontier Insurance’s term historically derives from place where it most often used to incept and such place was the road border crossing. These days Frontier Insurance is generally concluded inland for a period of prolonged staying of foreign vehicle in the territory of the Czech Republic after the expiry of validity of preceding motor third party liability insurance valid in the Czech Republic. Rarely the vehicle can be transported inland as ware. Inland Frontier insurance must be concluded before inception of operation of such vehicle on publicly terrestrial communication.
Obligation to conclude the frontier insurance is applied to drivers of
foreign vehicles, whose liability insurance in the territory of the
Czech Republic is not guaranteed by the insurers’ bureau of a foreign
country, or more precisely to drivers of foreign vehicles, who are not
in possession of a valid green card issued by an insurance company in a
foreign country.
The
Czech Insurers’
Bureau is the insurer authorized for the frontier insurance in the Czech
Republic and the law allows only one possibility to conclude frontier
insurance contract – by paying insurance premium.
The
Police of the Czech Republic is checking fulfilment of obligation to
conclude frontier insurance. In case a vehicle with an obligation to
conclude the frontier insurance is checked by the Police of the Czech
Republic and is operated without valid insurance, further operation of
this vehicle is forbidden until triple premium, but at least CZK
10.000,- , is paid.
The
frontier insurance applies to those loss events caused by operation of a
foreign vehicle that occurred in the territory of the Czech Republic or
in the territory of another European Union Member state or another
European Economic Area state or in the territory of Switzerland.
The
frontier insurance shall be concluded for the insurance period of 15
days. Premium rates for the frontier insurance and its sales network you
can find
here . |