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Motor Insurance

Essential cover for drivers

Cover for accidents

For Car loans provided by the Bank, the pledged car can also be insured through the Bank*.

Things you should know

  • the policy fee is 2.5% of the sum insured
  • you’ll need to insure the full market value of your car
  • Motor Insurance is provided only for vehicles purchased with a car loan from by HSBC Bank Armenia CJSC
  • INGO Armenia ICJSC representatives will contact you within 2 working days after signing the insurance policy to arrange an examination of your car. The insurance policy will only enter into force after the examination has been conducted
  • the mentioned tariffs are applicable to insurance policies arranged through HSBC Bank Armenia, which acts as an agent of the INGO Armenia Insurance company. Please note that arranging motor insurance via HSBC is optional, and you can arrange an insurance policy with any company approved by HSBC

Documents you'll need to provide

The following documents are required for the purchase of motor insurance:

  • a copy of the insured person's passport 
  • a copy of the owner's passport (if different from the insured)
  • all passports and driving licenses of authorised drivers 
  • a copy of the car's technical passport 
  • a copy of the valuation act, invoice or purchase agreement if available, otherwise the market value of the car will be applied 

For additional information about insurance terms and conditions, please visit Ingo Armenia | Motor - Ingo Armenia.

How to apply

In branch

Come and talk to us about protecting your car.

By phone

Call our Contact Centre at:

+374 60 655 000

*Important note

HSBC Bank Armenia CJSC acts as an agent of INGO ARMENIA ICJSC and provides the insurance product on behalf and terms of INGO ARMENIA ICJSC. Insurance claims have to be submitted to INGO ARMENIA ICJSC. HSBC Bank Armenia CJSC does not bear any responsibility with respect to payment of insurance compensation.

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Last updated on: 19.06.23, 04:26

Last updated on: 19.06.23, 04:26
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