| Scope of application: | • Regulation containing provisions relating to the obligation to obtain insurance against civil liability in respect of the use of motor vehicles and vessels referred to in Chapter I of Title X and Chapter II of Title XII of Legislative Decree No 209 of 7 September 2005 (Private Insurance Code)
• Obligatory third-party liability insurance in respect of the use of motor vehicles and vessels.
• Pursuant to Article 122 of the Private Insurance Code, all motor vehicles not being railway vehicles, including electric vehicles and trailers in use on public roads or equivalent areas, are subject to the obligation to obtain third party liability insurance. 2. For the purposes of paragraph 1: (a) all public or privately-owned property open to the public are areas equivalent to public roads; b) vehicles parked on public roads or in equivalent areas are considered to be in use;
• Pursuant to Article 123 of the Private Insurance Code, all recreational craft, vessels and removable engines, as respectively set out in paragraphs 1, 2 and 3 of this article, used for navigation on public waters or on equivalent waters, are subject to the obligation to obtain third-party liability insurance. 2. For the purposes of paragraph 1, a) vessels moored in public waters or in equivalent waters are considered to be in use for navigation; b) all waters open to navigation by the public are equivalent to public waters, even if for private use. 3. In order to identify vessels subject to the obligation to obtain third-party liability insurance pursuant to Article 123(2) of the Code, the gross tonnage and the engine power of the vessels are those given: a) for vehicles registered in Italy, in the engine and vessel identification documents required by the relevant provisions; b) for motorboats and powered craft registered abroad, in the corresponding documents issued by the competent authorities in the State of registration.
• Change of ownership of the vehicle or the vessel 1. In the event of a documented change of ownership of the vehicle or the vessel involving another vehicle or vessel belonging to the seller replacing the sold vehicle on the insurance policy, the seller must ask the insurance company to substitute the other vehicle or vessel under its ownership, for which it will provide identifying details, for the vehicle sold on the policy. 2. The company, having received the substitution request, shall then recalculate the premium and any appropriate compensation balance. The company shall issue the insurance certificate and insurance sticker for the new vehicle within 5 days of paying the compensation balance, if owed, or, if no compensation payment is due, within 5 days of the request. 3. The insurance is valid from the date of issue of the new certificate and the new sticker, following payment of the compensation balance where applicable. 4. In the event of a documented change of ownership of the vehicle or vessel which leads to the termination of the contact, the company shall reimburse the contracting party for the proportion of the premium paid and unused, net of tax paid and the obligatory contribution under Article 334 of the Code. This decree, bearing the seal of the State, will be added to the official collection of all legal acts of the Italian Republic. It is the duty of anyone responsible to observe it and to enforce it. |
