In 2025, a new law on compulsory insurance of civil liability of owners of vehicles, which led to a significant rise in expenses of policies, came into force in Ukraine. This decision directly influenced the value of the motorcycle, which in February 2025 increased to 4599 UAH, which is twice as much as in December 2024, when it amounted to 2188 UAH. In total, the cost of the motorcycle has increased by more than 16%during the year.
According to the new law, there is a gradual increase in insurance indemnities: for the damage to the life and health of the victims in an accident, the maximum amount of payment can reach 500 thousand UAH, and for the damage of property - up to 250 thousand UAH. This means that insurance companies should provide greater compensation, which affects the cost of drivers. One of the important aspects of innovations is the increase in the use of Euro protocol. According to MTIBU, in 2024, 38.5% of road accidents were settled with the help of Euro protocol, which is a significant indicator. In particular, the use of electronic Euro protocol increased by 50% in 2024, which also reflects the positive trends in simplifying the process of resolving insured events.
It is also worth noting that in 2024, Ukrainian insurance companies paid more than 50.5 million euros of insurance indemnity to victims of road accidents that occurred because of the fault of Ukrainian drivers abroad. This fact indicates the importance of compulsory insurance to ensure the rights of the victims in case of accidents.
With new compulsory insurance conditions, motorists in Ukraine should be prepared for higher costs for a car engine, as increasing the amount of compensation and other changes provide for significant costs from insurance companies. At the same time, it also aims to increase the level of protection of victims in an accident, both in Ukraine and abroad.
