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BDifficulty 2/5

How is compulsory insurance coverage determined for a third party harmed in a road crash?

Correct answer

Under statutory limits and exclusions, including the rules for stolen vehicles.

By statutory limits and exclusions, not merely the policy wording. The responsible driver need not be the policyholder. Article 5 excludes damage caused with a stolen vehicle from its insurer’s compulsory cover; in that case compensation may fall to the Consorcio de Compensación de Seguros under Article 11. Compulsory insurance must be distinguished from additional voluntary cover.

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  • Only if the responsible driver is also the policyholder.

  • Always without any exclusion and solely within limits chosen by the policy.

  • Under statutory limits and exclusions, including the rules for stolen vehicles.

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