Information on motor vehicle insurance

Seasonally rated insurance and insurance for the period the vehicle is decommissioned

In Finland, many vehicles are driven through the year, in all kinds of conditions. If the vehicle is not in use summers and winters alike, you can save money on insurance premiums for the periods the vehicle is not in use. There are two alternatives, seasonally rated insurance, and insurance for decommissioned vehicles - laid-up insurance - that enters into force on the day the vehicle is decommissioned. Read more and protect!

Seasonally rated insurance - convenience through the year

Many vehicles are used throughout the year, and the premiums for their motor vehicle insurance do not fluctuate seasonally. If the season for the vehicle is inherently shorter, this is reflected in the seasonally rated motor vehicle insurance policies.  

A seasonally rated motor vehicle insurance is characterised by premium payments that are weighted on the months of the driving season, when the vehicle is most likely to be in use. The premium payments of a motorcycle insurance are automatically weighted on the spring and summer months, while those of a snowmobile insurance are weighted on the autumn and winter months. Thanks to the seasonally rated premiums you do not have to decommission the vehicle for the off-season months. You can maintain the insurance in force throughout the year, and use the vehicle whenever conditions allow, and payments are lower during the off-season months. Easy and convenient!

These insurance policies are automatically seasonally rated:

What is decommissioning?

If you know that the following season will be cut very short, you can temporarily decommission your vehicle. When you temporarily decommission your vehicle, you can have your premiums for the time the vehicle remains decommissioned refunded. As the vehicle is not used in traffic, but some types of cover still remain in force, this is called a laid-up insurance.

If you are certain that you won’t use your motor bike during the summer season, it might be a good idea to temporarily decommission your bike. The seasonally rated motorcycle insurance premium will normally cost you more in the summer months, but if you decommission the bike you will get an even bigger refund of your insurance premiums.

How does recommissioning a decommissioned vehicle affect the premium of laid-up insurance?

The laid-up insurance, or insurance for the period of decommissioning, protects your vehicle while it is decommissioned. In the case of a car, the laid-up insurance means that you can get a refund of your motor liability insurance premiums for the time the vehicle remains decommissioned, but the parking, windscreen, vandalism and fire covers included in the motor vehicle insurance you may have, remain in force. You also do not have to pay for the collision cover included in the motor vehicle insurance when the laid-up insurance is valid.

Starting a laid-up insurance by decommissioning the vehicle

The laid-up insurance enters into force on the day you decommission your vehicle. The easiest way to decommission your vehicle is to do it on the Traficom web service site. Proceed to decommissioning your vehicle using the link here below.

This is how the laid-up insurance works:

Laid-up insurance for cars and campervans

You will get a refund of the motor liability insurance premium for the duration of decommissioning you have reported to the vehicle register.

If any of the following are included in your comprehensive motor vehicle insurance, they will continue to be valid during the decommissioning period: fire, theft, vandalism, legal expenses, parking, windscreen, financing or Super Salvage cover. You do not have to pay for the collision cover when the laid-up insurance is valid.

Laid-up insurance for motorcycle, snowmobile, quad bike and moped

You will get a refund of the motor liability insurance premium for the duration of decommissioning you have reported to the vehicle register.

If any of the following are included in your Maxi Motor Insurance, they will continue to be valid during the decommissioning period: fire, theft, vandalism, legal expenses, parking, financing or Replacement Value cover. You do not have to pay for the collision cover when the laid-up insurance is valid. The decommissioning must be continuous and have a duration of 30 days or more in order to be eligible for a refund of insurance premiums.