Author Topic: Car insurance  (Read 6052 times)

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Offline Maik

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Car insurance
« on: Thursday, 05 October, 2023 @ 14:23:33 »
Insured car owners not covered by theft risk in “unsafe spaces”, Greek Supreme Court rules

The Supreme Court in Greece ruled that insured car owners will not be eligible for compensation from insurance companies in case of theft of their vehicles if their car is parked in “unsafe” spaces. According to the Supreme Court, insurance companies will not legally cover the risk of total or partial theft of a car insured for theft if the owner parks it in an unsafe place.

An “unsafe space” is deemed as an area with no lighting, the place is isolated, there is no frequent movement of persons or vehicles, the car does not have an alarm system, etc. The reasoning behind the ruling is that the owners of the vehicle are “grossly negligent” if they fail to take safety measures.