Each insurance company uses its own basis for calculating the motor liability insurance premiums. According to the Act governing motor liability insurance, all policyholders are to be treated equally when determining the insurance premium. The price of motor liability insurance is affected by factors relating to both the driver and the vehicle. The most common factors affecting the premium are:

  • type of vehicle
  • make and model of the vehicle
  • size of the engine
  • intended use of the vehicle
  • the domicile of the vehicle's keeper or the vehicle's main place of use
  • policyholders age and driving experience
  • insurance and claims history

The insurance premium also includes insurance tax (24 %), road safety fee (1 %) and other collectively borne claims costs.