How can you get compensation for material damages that have occurred..?

According to the Law of Ukraine "On OSTCPV", the insurance company with which the perpetrator concluded a contract of compulsory insurance of the liability of the vehicle owner must make compensation for damages to the victims as a result of a road accident.

In order to avoid any problems with obtaining insurance compensation, each road user must comply with the following rules:

• If there are injured persons as a result of the accident, it is necessary to immediately call an ambulance and notify the police, as well as provide the necessary first aid;

• Participants in a traffic accident must exchange information about themselves, including their place of residence, and provide information about valid compulsory civil liability insurance policies. Depending on the circumstances of the accident, they can call the patrol police to register a road accident or fill out a special Europrotocol form;

• Every driver is obliged to notify his insurance company immediately, but no later than three working days, about the occurrence of an accident.

According to the current legislation, the insurance company must make a payment to the victim within 90 days after submitting an application for insurance compensation.

It is important to note that the term begins to be calculated from the date the insurance company receives the application and all the necessary documents, and not from the date of the accident.

If there is an ongoing legal process to establish fault in a traffic accident, the payment period may exceed 90 days, as it is necessary to wait for the court's decision.

If the insurance payment is not enough to cover the damages caused as a result of the road accident, the remaining amount can be collected from the culprit of the road accident through the court.