The complete reform of the act makes the existing regulations clearer and less equivocal.

In the new law, deficiencies in the old law were corrected and at the same time future changes were anticipated, for example, the increase in the automation of driving. The basic principles of the law remain unchanged. The basic principles are the scope, the obligation to insure, and the principles and reimbursement benefits of compensating damage.

However, the change in the law brings many practical changes. For example, the penalties for failing to insure will increase and victims' legal protection will improve. In addition, insurance companies are now able to take claims history more flexibly into account in their products.

Read more about the changes:

What every policy holder should know keyboard_arrow_down
Background to the law reform keyboard_arrow_down
The consequences of failing to insure one’s vehicle keyboard_arrow_down
Insurance obligation keyboard_arrow_down
Compensation for traffic accidents keyboard_arrow_down
Taking into account the claims history when taking out insurance keyboard_arrow_down
Insurance cover when travelling abroad keyboard_arrow_down
Statutory motor liability insurance and voluntary comprehensive insurance keyboard_arrow_down
Bonuses keyboard_arrow_down
The role of the Finnish Motor Insurers’ Centre (LVK) keyboard_arrow_down
Ready for autonomous driving keyboard_arrow_down