CASCO (motor own damage insurance)

In cooperation with „If Insurance”, the leading insurance company in the Northern Europe and the Baltics, we offer all-risk insurance CASCO (motor own damage insurance).

All-risk insurance CASCO will compensate any unexpected damage which has been incurred, for example, in the following circumstances:

  • Car accident or crash
  • Driving into a pothole or falling of objects (trees, icicles, snow, paint from a construction object)
  • Car glass damage
  • Fire, ignition
  • Vandalism
  • Theft or robbery
  • Transportation of the damaged car to a parking-place or repair shop after an accident
  • Cost of transportation of the driver or passengers after an accident
  • Maintenance, repair, car wash or while on ferry


Nordea customers  also receive the following services free of charge:

  • Replacement – rental of a small-class car for the period of repair or in case of theft or loss (up to 30 days).
  • For new cars (bought in a salon shop) – acquisition of an equivalent new car in case of theft or complete loss for up to 2 years old cars bought from Latvian dealers.
  • “If” compensation service, if car damage has been caused by another insurer’s OCTA (compulsory motor third party liability) customer.
  • Auxiliary equipment (roof rack, bicycle carrier, child car seat) insurance.
  • 24/7 roadside assistance (if it is impossible to start or continue driving).


Drawing up of insurance policies:

The roadside assistance service includes:

  • Phone consultation – you will receive professional advice on how to proceed in case of a car accident on a 24/7 basis;
  • Roadside service – “If” roadside assistance service will help you while on the road, for example, in case of tyre replacement, delivery of fuel or problems with entering the car because of a broken lock or security system. The services are free of charge, while the cost of fuel delivery or the replaced tyre shall be covered by the customer;
  • Transportation – if it is impossible to drive the car due to technical defects or after a car accident, “If” roadside assistance service will transport the car to the nearest repair shop;
  • Taxi services – if there is a need to transport the car, the roadside assistance coverage of the CASCO policy provides for free transportation of the driver and passengers with a taxi from the place of occurrence.


Roadside services are provided within the territory envisaged in the respective CASCO policy. The territorial coverage may include Latvia, the Baltics or Europe.