Optimal Casco Insurance

Optimal Casco Insurance is an affordable and comprehensive vehicle insurance product developed by PASHA Insurance exclusively for Birbank clients. It is designed to provide financial protection against unexpected events such as traffic accidents, fire, theft, natural disasters, and unlawful actions by third parties.

This product is an ideal choice for drivers who own a personal vehicle and want maximum coverage at a reasonable cost. Thanks to its budget-friendly approach and wide coverage area, it suits both new car owners and those who have been using the same vehicle for years.

Optimal Casco Insurance is designed to financially protect vehicle owners against a wide range of unforeseen and damaging incidents. The coverage scope is broad and includes multiple types of situations.

It covers physical damage to your car resulting from traffic accidents. In addition, unlawful acts by third parties—such as intentional damage, vandalism, or theft—are also included in the protection plan.

The policy also provides protection against natural disasters such as flooding, hailstorms, strong winds, and other extreme weather events. Damage caused by falling objects (trees, signboards, etc.) or animal interference is also covered.

Moreover, fire and explosions are among the insured risks. In this way, Optimal Casco offers a multi-dimensional and practical protection mechanism that ensures the safety of your vehicle.

The insurance premium for Optimal Casco is calculated based on various factors, including your vehicle’s technical specifications and the selected type of repair service. Key factors such as a vehicle’s brand, model, engine capacity, year of manufacture, and market value are considered to determine the level of risk and the corresponding premium.

Additionally, the premium varies depending on whether the client selects an “official service” or “unofficial service” option. For example, choosing an unofficial service usually results in a lower premium, whereas official service coverage typically costs more.

Optimal Casco Insurance can be obtained at our branches with an initial payment as low as 100 AZN, offering added financial convenience for clients. For a precise calculation, clients can use the Optimal Casco Calculator on the website—once the necessary vehicle details are entered, the tool will automatically generate the applicable insurance premium.

The official and unofficial service options in the Optimal Casco insurance policy determine the type of service center to which your vehicle will be directed for repairs, and this choice directly affects the insurance premium.

Choosing an unofficial service means the vehicle will be repaired at a partner service center not officially approved by the manufacturer. This option is generally more affordable and is offered with a lower insurance premium. However, the spare parts used may not be original, and the warranty period may be shorter.

In contrast, the official service option ensures that the vehicle is repaired at service centers recognized by the manufacturer or official distributor. Only original spare parts are used in these repairs, and the service quality complies with the manufacturer's standards. As a result, the insurance premium is relatively higher.

Both options come with distinct advantages: one is budget-friendly, while the other provides a higher standard of service and warranty. Customers can easily choose the most suitable option based on their priorities and the condition of their vehicle.

There are several convenient ways to obtain Optimal Casco insurance. Customers can apply for this insurance both in person and online.

Physically, you can visit any Kapital Bank/Birbank branch. Branch staff will collect key information about your vehicle—brand, model, year of manufacture, engine capacity, and other specifications—to calculate the insurance premium and finalize the contract on-site.

Alternatively, you can apply online via the official Birbank website or mobile app. After entering your vehicle details, the system will automatically present a suitable insurance plan. The initial payment can also be made online, allowing you to complete the process remotely.

For added convenience, you can also contact our customer service to initiate your application and receive detailed information about the process. This way, you can obtain Optimal Casco insurance quickly, efficiently, and tailored to your needs.

Yes, there are certain restrictions regarding the age and engine capacity of the vehicle, based on risk evaluation criteria.

First, the vehicle's age is a key factor for eligibility. Generally, Optimal Casco insurance is available only for vehicles manufactured in 2010 or later. This approach allows the insurer to focus on technically reliable vehicles with a lower risk of damage.

Additionally, an upper limit is applied to engine capacity. Only vehicles with engines up to 3.0 liters are eligible for this insurance. This limitation helps keep risk levels manageable and ensures that the product can be offered under more favorable terms.

After an incident occurs, a customer must officially notify the insurance company. Based on the notification, an independent expert or an expert appointed by the insurer evaluates the vehicle damage either at the scene or at the service center from a technical perspective. This assessment calculates the repair costs and, if applicable, any reduction in the vehicle's market value.

The compensation provided cannot exceed the maximum coverage amount stated in the insurance contract (i.e., the policy limit). If the repair costs fall within this limit, they are fully covered. Otherwise, only the portion within the coverage limit is paid.

Additionally, in some cases, a deductible (franchise) may apply, which means the policyholder is responsible for a predetermined portion of the damage. This deductible is clearly outlined in the insurance agreement in advance.

The standard term of an Optimal Casco insurance policy is 12 months, or one calendar year. During this period, the vehicle is covered against all risks specified in the policy.

The insurance period starts on the effective date of the contract and continues until the same date in the following year. Any incidents—such as accidents, fire, theft, or other insured events—that occur during this time are evaluated according to the terms of the agreement, and compensation is provided if applicable.

After the contract expires, the customer may choose to renew it under the same terms or sign a new agreement. If there are any changes to the vehicle (e.g., a decrease in market value or deterioration in technical condition), these will be taken into account when calculating the new premium and conditions for the following year.

Additionally, some customers may benefit from convenient monthly payment options. This feature provides flexibility, particularly for drivers who manage their budgets on a monthly basis. However, this payment s