This article presents the major Greek automobile insurance companies, with comparative
analysis of their premium services, special covers and relevance to the Greek auto-insurance
industry.

1. Hellas Direct

Overview:

Hellas Direct is a modern insurance company as it is an entirely online business for insuring the
Greek drivers. They highlight clear and straightforward organizational management of policies
and fast claims settlements.

automobile insurance Coverage Options:

Those plans include liability, fire, and theft. It also has extras such as a malicious act clause,
glass excess and panic button, and roadside help. In case of total loss through damage or theft the
company offers an alternative vehicle for its client.

Premiums:

Previously recognized for relatively cheap pricing and easily adjustable premiums for users. Its
rates depend on the coverage of insurance and the type of car which will be insured.

Website: Hellas Direct

2. Interamerican

Overview:

Inter American is one of the reliable options on the Greek insurance
market that provides various and cheap car insurance services. Strong
coverage is also offered in standard and minimum and in the enhanced
and plimus range.

automobile insurance Coverage Options:

Inter American offers the protection against third party risks, theft and
fire risks. They do provide cross-supermarket, third party and fire and
theft and also personal accidents, legal expenses, and uninsured losses.

Premiums:

Premiums are relative and may include safe driver rebates and those who
take more than one policy from the company.

Website: Interamerican

3. Generali

Overview:

General is a reputed insurance company dealing at the international level
and provides services and products in Greece. They focus, on clearly
distinguishable plans and incentives for non-risky drivers.

  Automobile insurance Coverage Options:

By using the “Speed On” plan, Generali provides third party risk
liability, fire, as well as theft. They also serve low premiums for safe
driving and also have first-time accident forgiveness.

Premiums:

These are packages available, hence the insurance premium varies with
the extent one wants to be covered and good record non- accidental
claims.

Website: Generali Greece

4. AXA Insurance

Overview:

Among them, the policyholder can choose basic protections, certain
types of natural disasters protections, and protections for driving in
Greek road conditions.

Automobile insurance Coverage Options:

The available plans of AXA are third-party liability, theft, fire, with
options to have roadside assistance or legal fees assistance. AXA also
runs for natural calamities and those accidents by motorists without
valid insurance.

Premiums:

For the nonstandard car insurance, AXA has its premiums depending on
the car model, the driver’s age, and the chosen add-ons; however, clients
can have a loyalty bonus and the family package.

Website: AXA Greece

5. Allianz

Overview:

Allianz has its headquarters in Munich and is known internationally, is
successful and well-respected insurance company in Greece which has
options for extensive and comprehensive automobile insurance policies.

Automobile insurance Coverage Options:

Allianz offers Third Party, Compulsory unfavorable and preferable,
Theft, Fire, and Floods and other natural calamities. Their basic and
advanced packages therefore come with things like, Road Side
Assistance, Glass Protection among others.

Premiums:

Premiums for Allianz change depending on the chosen coverage; the
insurance company offers more significant discounts if the policies
cover multiple vehicles.

Website: Allianz Greece

6. Ethniki Asfalistiki

Overview:

Ethniki Asfalistiki is the insurance division of the National Bank of
Greece that consistently offers good customer services and very
competitive premiums.

Automobile insuranceCoverage Options:

Finally, Ethniki Asfalistiki gives different choices such as third party
liability, fire, and theft solutions; in addition to exhaustive packages
accompanying death and ill and legal services.

Premiums:

It has fairly cheap and sometime considered being relatively cheap in the
market, with options for policy discounting to customers.

Website: Ethniki Asfalistiki

7. Eurolife

Overview:

Having turned into a trustworthy insurer, Euro life still provides various
opportunities to get car insurance in Greece for residents and foreigners.

Coverage Options:

They then have general car insurance packages which offer the essential
liability, fire, and theft and then they have other car insurance types with
additional extras such as road side assistance and legal aid.

Premiums:

This player known’s for fair pricing offers affordable programs with
flexible-premium options.

Website: Eurolife

8. Groupama

Overview:

Coustomers can choose between different car insurance plans offered by
Groupama Greece ngOnInit;; the main focus is made on the company’s
services and prices.

Automobile insurance Coverage Options:

Groupama offers for its clients liability, theft, fire insurance, which are
augmented by extra services in the form of safe driver rebates and fast
cash settlements.

Premiums:

A tiered structure is used for premiums whereby throughout Greece they
are considered to be competitive with other insurance companies.

Website: Groupama Greece

9. Insuranceline

Overview:

Insurance line is designed especially for expatriates and they provide the
support of English language which is helpful for non- Greek population
living in Greece.

Automobile insurance Coverage Options:

The insurance line gives customers an opportunity to choose different
types of plans which include liability cover, theft, fire, glass, and
roadside assistance cover. They also have special advantages such as
guaranteed stability of the car’s value for two years and a substitution of
the car in case of its critical state.

Premiums:

It provides fairly affordable rate together with some more privileges; this
is for the foreigners and international individuals.

Website: Insuranceline​

Insurance Line

10. Insurancemarket.gr

Overview:

Despite its name, insurance market is not an insurance broker, but a
portal that offers users the ability to compare multiple insurance policies
offered by providers across Greece, and gains the most for their buck.

Automobile insurance Coverage Options:

The site Insurancemarket.gr allows users to compare different liability,
theft, fire and comprehensive coverage’s and, as such, facilitates a more
personalized search for policy that may be more suitable to the
customer.

Premiums:

There are premiums and rates which depend on the package of the
service provider selected from the comparison website.

Website: Insurancemarket.gr

​Generali

In Greece, there is; Importance of Automobile Insurance

In Greece, motorists have to hold auto insurance; especially they must
have third party liability insurance. The exposure to risk is high due to a
high traffic density in the crowded urban regions, hilly areas, and the
weather and climatic variability in the nation’s regions hence the
importance of insurance. Besides, cars insurance go beyond the legal
requirements but provides Greeks citizens with the guaranteed financial
protection, comfort, and support in case of any accident while driving a
car in Greece, so car insurance is crucial for any motorist.

These insurance companies provide for different packages depending on
the client’s needs, and in most cases, they range from third party liability
insurance, and all risk insurance; this helps the drivers in Greece to get
the basic assistance they need from a firm.

Conclusion

In Greece, the automobile insurance has a significant purpose beyond its
mandatory element that is to mitigate the hazards of driving in various
and congested road network.

The largest offers – Hellas Direct,
Interamerican, Generali, AXA, Allianz, and others – have a set of freely
adjustable and individualized insurance contracts. These range from
simple third party liability to fully comprehensive with theft, fire and
even break down recovery.                                                                                                                                                    Every firm makes efforts to offer customized plans based on their requirements,                                  income, existence in Thailand, and the likes in order to accommodate everybody                                  including the locals and expats.

The automobile insurance market in Greece allows drivers to select low-
cost yet packed products that improve monetary protect and road safety.
Regardless of choosing a limited policy of insurance with only liability

coverage or a policy that encompass full protection from all possible
dangers, Greek drivers feel secure with these insurance policies. As for
the assessed and selected number of trustworthy insurers, people can
turn to the further roads with proper level of insurance which matches
the needs and expectations.