Información en caso de siniestro Contenido

Information in case of a claim

Cover assumed by the Consorcio de Compensación de Seguros

Within the scope of motor liability insurance, and as an insurer, the Consorcio assumes the mandatory motor cover not accepted by insurance entities, as well as the cover for vehicles belonging to the State, the Autonomous Regions, Local Corporations and Public Organisms that should so request it. With respect to all of the abovementioned vehicles, the Law offers the Consorcio the possibility of accepting cover that is over and above that which is mandatory. And as regards subsidiary cover, the Consorcio will indemnify damages in the event of losses caused by unknown vehicles, those that are uninsured and those that have been stolen; or in cases where the insurance entity has been declared bankrupt, in administration, insolvent, is in a process of liquidation in which the Public Administration intervenes, or when the company has been taken over by the Consorcio itself. In certain cases it will also refund indemnities paid to affected parties that are resident in other Member States of the European Economic Area by their respective indemnification organisms.

Furthermore, the Consorcio is entrusted with the management of the Informative Record of Insured Vehicles (FIVA), apart from acting as an informative organism in the event of claims occurring in a State other than that of the residence State of the affected party.

Vehicle insured by the Consorcio de Compensación de Seguros

As the direct insurer, the Consorcio is responsible, within the territory and to the quantitative limit of the compulsory insurance, for taking care of the compensation when damages occur to third parties caused by a vehicle insured by the Consorcio.

It is important to present the compensation claim as soon as possible at the Consorcio¿s Branch Office, in order for an expert appraiser to be able to value the material damages. The documentation to be presented may be consulted in the compensation claim section.

The Consorcio de Compensación de Seguros as a Guarantee Fund