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‍1. What is it?

Motor Third Party Liability Insurance (RCA) is mandatory for all vehicles and provides financial protectionin the event that you are at fault in an accident. It covers the repair costs of the damaged party's vehicle, regardless of your financial situation. Thus, RCA is beneficial for both you and other road users.

‍2. What does It cover?
  • MTPL insurance primarily covers material damages inflicted on third parties as a result of a car accident. This can include:
    • Repairs to the damaged vehicle
    • Medical expenses for injured individuals
    • Compensation for death or disability
    It is important to note that MTLP does not cover damages to your own vehicle. For this protection, you need an optional insurance, such as CASCO.

‍3. How to obtain It?

You can purchase MTPL insurance from any authorized insurance company. For new vehicles, the insurance can often be bought directly from the seller. For used vehicles, it is essential to secure a new policy as soon as possible.

4. Useful Tips
  • Don't always choose the cheapest option. Compare offers to select the one that provides the best protection.
  • Renew your policy on time. Driving without valid MTPL insurance can lead to fines and other unpleasant consequences.
  • Consulting an insurance broker can help you compare multiple offers and receive personalized advice.

1. What is it?

Motor Third Party Liability Insurance (RCA) is mandatory for all vehicles and provides financial protection in the event that you are at fault in an accident. It covers the repair costs of the damaged party's vehicle, regardless of your financial situation. Thus, RCA is beneficial for both you and other road users.

2. What does It cover?
  • RCA insurance primarily covers material damages inflicted on third parties as a result of a car accident. This can include:
    • Repairs to the damaged vehicle
    • Medical expenses for injured individuals
    • Compensation for death or disability
    It is important to note that RCA does not cover damages to your own vehicle. For this protection, you need an optional insurance, such as CASCO.
3. How to obtain It?
  • You can purchase RCA insurance from any authorized insurance company. For new vehicles, the insurance can often be bought directly from the seller. For used vehicles, it is essential to secure a new policy as soon as possible.
4. Useful Tips
  • Don't always choose the cheapest option. Compare offers to select the one that provides the best protection.
  • Renew your policy on time. Driving without valid RCA insurance can lead to fines and other unpleasant consequences.
  • Consulting an insurance broker can help you compare multiple offers and receive personalized advice.
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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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