Motor

To identify the territory of regulation and tax of a motor risk consider:

1. the nature of the cover provided;
2. The jurisdiction in which the vehicle is registered;
3. The physical location of the insured vehicle; and
4. The location of the insured’s residence or business establishment.

Individual vehicles
Fleet
Motor Trade

Individual vehicles

Vehicle insurance covers losses arising from physical damage to a motor vehicle and the legal liability of the vehicle owner or driver.

The risk location may be determined by one or more of the following factors:

• Physical location of the vehicle
• Jurisdiction in which the vehicle is registered
• Location of the insured’s residence or business establishment

Please see the territory specific guidance on Crystal for specific risk location rules.

Fleet

Fleet insurance covers losses arising from physical damage to a registered motor vehicle and the legal liability of the vehicle owner or driver. The insured is usually a corporate entity.

The risk location is determined in the same manner as for individual vehicles. If the contract covers vehicles registered in more than one jurisdiction, or at business establishments in more than one territory, the contract may have more than one risk location.

Motor Trade

Motor trade insurance covers losses arising from physical damage to motor vehicles held in stock and customers’ vehicles worked upon, legal liabilities arising from the use of such vehicles and damage to premises and contents.

Motor trade cover is a package policy. The risk location is normally determined by the location of the insured’s business establishment.

If the contract covers more than one business establishment, situated in different territories, each business establishment will create a separate risk location.