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Internal MTPL insurance and Green Card for legal entities
motor insurance directly from maib business
15 days - 12 months
territory of the Republic of Moldova
~48 member states
Internal MTPL insurance
What is compulsory motor third-party liability insurance?
Motor third-party liability insurance – known by the abbreviations RCA or RCAI in Moldova – is compulsory by law for any vehicle in circulation on the territory of the Republic of Moldova, regardless of where it is registered.
The legal framework is established by the Law on Compulsory Motor Third-Party Liability Insurance (Law No. 106 of 2022), which regulates the mandatory nature of the policy, the rights of injured parties, and the minimum compensation limits applicable to all insurance companies licensed in the Republic of Moldova.
In practice, MTPL insurance in Moldova works as follows: if a vehicle belonging to your company causes an accident, the insurance company covers the damage caused to third parties – damaged vehicles, destroyed property, injured persons. Your company does not cover these costs from its own budget.
Important: MTPL insurance protects damaged third parties, not your company’s own vehicle. For damage to your own vehicles, CASCO insurance is required.
Covered:
damage to or destruction of property belonging to third parties
bodily injury or death caused to third parties
moral damages in the event of disability or death
damage caused both while the vehicle is moving and while stationary
accidental detachment of the trailer or sidecar
accidental spillage, leakage, or falling of the goods being transported
legal costs incurred by the damaged person
Not covered:
damage to the company’s own vehicle (→ CASCO)
theft, fire, natural disasters
goods being transported (→ CMR)
accidents occurring outside the Republic of Moldova (→ Green Card)
damage caused intentionally
Limits of liability of the insurer:
100,000 EUR*
for damage to or destruction of property, irrespective of the number of persons damaged in an accident;
100,000 EUR*
for each damaged person in the event of bodily injury or death, but not more than EUR 500,000*, regardless of the number of persons damaged in an accident;
5,000 EUR*
non-material damages for each damaged person in the event of disability or death, but not more than EUR 10,000*, regardless of the number of persons damaged in an accident.
*with the equivalent in MDL at the official exchange rate of the Moldovan Leu, communicated by the National Bank of Moldova on the date of the accident.
Green Card
Green Card – motor insurance for travel abroad
The Green Card – the International Motor Insurance Certificate – is the international extension of MTPL insurance, recognized in around 48 member states, including all European Union countries, Ukraine, Turkey, the United Kingdom, Switzerland, Norway, and Serbia.
What you should know:
Choose the correct zone – the coverage zone must include all countries you will transit through, not just the final destination. An incorrectly selected zone is equivalent to having no policy at the border.
Flexible term – from 15 days to 12 months, depending on how often you travel.
Policy per vehicle – each vehicle needs its own Green Card. The truck’s policy does not cover the towed trailer.
Electronic format – the digital certificate has full legal validity in all member states and can be presented directly from your phone.
Annual policy – for vehicles leaving the country at least three times a year, an annual policy is generally more advantageous than several short-term policies.
Note: The Republic of Moldova is a member of the Green Card International Insurance System, administered nationally by the National Bureau of Motor Insurers (NBMI). Compensation for accidents occurring abroad is paid in accordance with the legislation of the state where the accident occurred.
How to get your insurance policy
How to get your MD motor insurance policy
Take out your motor insurance in three ways, depending on what suits you best. All three lead to the same policy, issued by the insurance company of your choice.
1
For maib clients – recommended
Take out MTPL insurance for your company directly from the maib business web version. Select the vehicle, view the insurance premium, pay from the company account, and receive the policy electronically. Available 24/7, with no need to travel anywhere.
2
For companies that are not yet maib clients
Visit any maib branch. A consultant will calculate the premium for each vehicle in your fleet, explain the differences between the offers of partner MTPL insurance companies, and issue the policy on the spot.
Fill in the form on this page. A maib representative will contact you with the available offers. This is the recommended option for fleets with multiple vehicles.
Required documents
the vehicle’s registration certificate;
as applicable, other documents proving the right of possession over the vehicle (power of attorney, rental agreement, leasing agreement, etc.).
Advantages for your company:
Fast issuance for the entire fleet
a single request for all vehicles, with the option to align expiry dates
Payment from the current account
pay for your vehicle insurance directly from the company account, with payment documents for accounting purposes
maib business 24/7
issue the policy anytime, with no need to visit a branch
Electronic format
the digital policy has full legal validity and can be presented directly from your phone
insured event?
In case of an insured event (traffic accident) where you are the injured party, take the following steps:
mandatory: notify the Patrol Inspectorate to ensure proper documentation of the causes and circumstances of the accident, as well as its consequences;
take as many photos and videos as possible at the accident site, including images of the damaged parts resulting from the accident;
inform the insurance company about the traffic accident as soon as possible – preferably in writing;
request that the insurance company examine the damaged vehicle and draw up the damage minutes, as well as inform you of the set of documents required, which you must submit for the proper preparation of the claims file;
if even one of the conditions above is not met, the amicable settlement procedure cannot be used. In this case, you must contact the Road Patrol Inspectorate to register the case and prepare the necessary documents!
What does the MTPL insurance cover?
The insurance company must compensate the damages caused to the injured party by an accident involving a vehicle whose owner and/or user has fulfilled the mandatory MTPL insurance obligation, covering the following damages:
both during in motion and while the vehicle is stationary;
due to accidental detachment of trailers, semitrailers, or attachments while the vehicle is in motion;
caused by devices or installations with which the vehicle was equiped;
as a result of the spillage, leackage, or accidental falling of substances, materials, or objects being transported.
The following expenses are also covered:
bodily injury or death;
material damages;
vehicle repair costs;
legal costs borne by the injured party;
other expenses provided by Law No. 106/2022 on mandatory car liability insurance for damages caused by vehicles.
*FRIENDLY ACCIDENT REPORT
What does a Friendly Accident Report mean?
Amicable settlement is the simplified and voluntary procedure for documenting a motor vehicle accident by drivers filling in and signing the "Amicable settlement of accident" form. The parties, by mutual agreement, fill in the form (following the instructions on the back of the form), and within 48 hours notify the insurer of the driver at fault in order to open the damage file and claim compensation. It is advisable for both parties to present themselves at the premises of the insurer of the at-fault driver.
IMPORTANT: Cases can only be documented using the Friendly settlement procedure in the case of accidents with insignificant material damage (up to 15000 lei), no injuries and no victims.
If you choose the friendly accident report option, please ensure that the procedure meets all of the following conditions:
You must physically possess the standardized form provided when purchasing the insurance.
No victims or bodily injuries result from the accident
Only TWO vehicles are involved in the accident.
The accident resulted in minor material damages, less than 15,000 MDL;
At the time of the accident, both participants musr hold valid MTPL insurance, issued at least 24 hours before the accident occured;
Both drivers must consent to document the accident using the friendly accident report procedure, and the person responsible must be identified.
High-quality from all angles of the accident scene must be provided
*The parties involved in the accident have the technical ability to record video/photos of the accident site or to record witness details (if any).
REMINDER: If the conditions above are not met for the friendly accident report, you must contact the Patrol Inspectorate to register the case and prepare the necessary documents!
Law 106/2022 on compulsory motor liability insurance for damage caused by vehicles.
office@asterra.md; despagubiri@asterra.md
+373 (0)22 211 758 – RCA
https://asterra.md/daune/modul-de-regularizare-a-daunelor/rca-ce-faceti-in-caz-de-accident/
frequent questions
Answer: MTPL insurance for legal entities – or motor insurance for companies – follows the same rules as the policy for individuals in terms of coverage and limits of liability. The main difference lies in the calculation of the premium: for MTPL insurance for legal entities, the premium is calculated based on the type, engine capacity, and number of vehicles in the fleet, rather than the personal data of an individual driver. Payment is made from the company’s current account.
Answer: No. Issuance through a branch and requests via the form on maib.md are available both to maib clients and to companies without an account at the bank. Online issuance through maib business is reserved for maib clients.
Answer: For vehicle fleets, you can send the list of registration certificates and the company’s IDNO to a maib manager. You will receive a centralized calculation for all transport units and a single payment invoice, streamlining the administrative process.
Answer: No. Compulsory motor insurance is concluded without indicating the persons allowed to drive. Coverage applies to any authorized driver operating the insured vehicle.
No. Compulsory motor insurance is concluded without indicating the persons allowed to drive. Coverage applies to any authorized driver operating the insured vehicle.
Yes. The internal compulsory MTPL insurance premium paid by a legal entity for vehicles owned or used in its economic activity is a fully deductible expense for tax purposes, in accordance with the Tax Code of the Republic of Moldova.
Yes. MTPL insurance policies can be issued for vehicles used under a leasing, rental, or loan-for-use agreement. The policy will indicate the leasing company/owner as the owner, and your company as the user/possessor.
The claims file is opened directly with the insurance company of the driver at fault for causing the accident. Contact details and specific procedures for partner insurers can be found directly on the maib page.
As a rule, MTPL insurance is concluded for a period of 12 months. In exceptional cases provided for by Law No. 106/2022 (vehicles provisionally registered for testing or imported for registration), the policy may be issued for shorter periods.
If you would like to insure a personal vehicle, visit the dedicated MTPL Insurance for Individuals page for a quick calculation and online purchase.
Do you need MTPL insurance for legal entities or a Green Card for your company’s vehicles? With maib, issue the policy directly from the maib business app, pay from the company account, and receive the electronic document within minutes. Available for all vehicle categories – cars, trucks, trailers, buses, and agricultural machinery.
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