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‍1. What is it?

Casco Insurance is an optional policy that protects your vehicle against risks not covered by mandatory liability insurance (MTPL). Unlike MTPL, which only covers damages to other vehicles and properties, Casco insurance protects your car in the event of damage, total loss, theft, or other similar risks. This insurance is essential for safe guarding your investment in a vehicle, especially in cases of accidents, theft, or unforeseen damages.

‍2. What does It cover?
  • Partial or Total Damage to the Vehicle: Covers damage resulting from accidents, collisions, fires, or other unforeseen events.
  • Vehicle Theft: Includes coverage if the vehicle is stolen entirely.
  • Damage caused by Natural Phenomena: Such as floods, storms, or falling objects.
  • Vandalism Damage: Includes damage intentionally inflicted by third parties.
  • Damage to Additional Equipment: Such as the audio system, GPS, etc.

‍3. How to obtain It?
  • Assess Your Needs: Determine the risks you want to cover and what options are important to you.
  • Contact an Insurance Broker: Brokers can help you compare offers from different insurers and find the best option for your needs.
  • Vehicle Inspection: Typically, the insurer will require a vehicle inspection to assess its condition and note any existing damages.
  • Sign the Contract: Once you choose a policy, sign the insurance contract and pay the premium, either in full or in installments.
  • Verify Coverage: Ensure the policy covers all desired risks and that you understand the terms and conditions.
4. Useful Tips
  • Read the Policy Carefully: Check all coverage details, including exclusions and special conditions. If you have any questions, discuss them with the broker.
  • Include Additional Equipment: If you have valuable equipment in your car, include it in the policy to avoid unpleasant surprises.
  • Conduct a Detailed Inspection: Ensure the vehicle is inspected thoroughly and all damages are documented to avoid issues with the claim process.
  • Consider Discounts: Installing an alarm system or parking in a covered garage can reduce the insurance premium.
  • Extend Coverage Internationally: If you frequently travel abroad for business or vacation, check the option to extend coverage internationally.
  • 1. What is it?

    Casco Insurance is an optional policy that protects your vehicle against risks not covered by mandatory liability insurance (MTPL). Unlike MTPL, which only covers damages to other vehicles and properties, Casco insurance protects your car in the event of damage, total loss, theft, or other similar risks. This insurance is essential for safeguarding your investment in a vehicle, especially in cases of accidents, theft, or unforeseen damages.

    2. What does It cover?
    • Partial or Total Damage to the Vehicle: Covers damage resulting from accidents, collisions, fires, or other unforeseen events.
    • Vehicle Theft: Includes coverage if the vehicle is stolen entirely.
    • Damage from Natural Phenomena: Such as floods, storms, or falling objects.
    • Vandalism Damage: Includes damage intentionally inflicted by third parties.
    • Damage to Additional Equipment: Such as the audio system, GPS, etc.
    3. How to obtain It?
  • Assess Your Needs: Determine the risks you want to cover and what options are important to you.
  • Contact an Insurance Broker: Brokers can help you compare offers from different insurers and find the best option for your needs.
  • Vehicle Inspection: Typically, the insurer will require a vehicle inspection to assess its condition and note any existing damages.
  • Sign the Contract: Once you choose a policy, sign the insurance contract and pay the premium, either in full or in installments.
  • Verify Coverage: Ensure the policy covers all desired risks and that you understand the terms and conditions.
  • 4. Useful Tips
  • Read the Policy Carefully: Check all coverage details, including exclusions and special conditions. If you have any questions, discuss them with the broker.
  • Include Additional Equipment: If you have valuable equipment in your car, include it in the policy to avoid unpleasant surprises.
  • Conduct a Detailed Inspection: Ensure the vehicle is inspected thoroughly and all damages are documented to avoid issues with the claim process.
  • Consider Discounts: Installing an alarm system or parking in a covered garage can reduce the insurance premium.
  • Extend Coverage Internationally: If you frequently travel abroad for business or vacation, check the option to extend coverage internationally.
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    About MIB

    What Our Partners Say

    Over the years, MIB has consistently demonstrated professionalism, dedication, and a deep understanding of our mutual clients' needs.

    Our collaboration is built on shared values such as integrity, innovation, and a commitment to providing superior quality services. MIB is not just an insurance intermediary but also a true strategic partner, increasingly contributing to the success and development of Asirom.

    Madalin ROSU
    CEO - Asirom Vienna Insurance Group

    MIB, one of the top 10 brokers nationally, is also among the leading brokers distributing mandatory PAD policies. This not only highlights its success as a business but also under scores its significant social role in raising public awareness about the importance of financial protection for homes.

    MIB achieves these results thanks to its excellent market reputation and significant presence across all counties in the country. In 2023 and 2024, MIB increased the number of distributed PAD policies by nearly 30%, making us proud to be partners.

    Nicoleta Radu
    General Director - PAID

    Since the beginning of our collaboration in 2005, Generali Romania has enjoyed a trusted partnership with Millenium Insurance Broker.

    We continue to develop this partnership daily, providing smart solutions and services that respect our clients' time and meet their financial protection needs.

    Adrian Marin
    CEO - Generali

    OMNIASIG Vienna Insurance Group has a solid, long-standing collaboration with Millenium Insurance Broker. We have always found in them a reliable partner and a team of professionals we can count on.

    Together, we work towards the development of the insurance market in Romania, delivering quality products and services to clients promptly.

    Mihai Tecau
    Chairman of the Board - OMNIASIG Vienna Insurance Group

    A successful and lasting partnership, such as the one we have with the Millenium Insurance Broker team, is built on shared values and the desire to provide our clients with the best products and services.

    Congratulations on all that you do every day for your clients, and continued success.

    Calin Matei
    CEO - Groupama

    Insurance is about doing good—good in people’s lives, businesses, and communities. We are proud to have reliable distribution partners like Millenium Insurance Broker by our side.

    We share the same dedication to service excellence and have a common mission: to build a future with fewer worries and greater prosperity in Romania. Thank you for the solid partnership and for contributing to making things better.

    Virgil Șoncutean
    CEO - Allianz-Țiriac Asigurări

    Millenium Insurance Broker is a trusted and valuable partner for Romanian Airport Services. 

    For over 10 years, they have represented us with professionalism and dedication, consistently finding comprehensive insurance solutions, both nationally and internationally.

    Thanks to their efforts, our insurance protection needs have always been optimally covered.

    With appreciation and gratitude,

    Alexandra Huzuneanu
    CEO - Romanian Airport Services

    MIB is a trusted partner for the Autonom Group.

    I appreciate Ștefan and his team's professionalism, promptness, and swift support.

    Marius Stefan
    CEO - Autonom

    Millenium Insurance Broker has been our insurance service provider since 2019, right from the early days of Bright Communication. Thanks to their team of professionals and their client-focused approach, addressing the increasingly complex business needs of our industry, the relationship between our entities has evolved.  

    Today, MIB is one of our main partners. And not just any partner, but the one that protects us from risks.

    Jeni Grigorescu
    General Director - Bright Communication

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