Insurance court ruled bonus loss from vehicle damage counts as property damage under state liability law.
Legislator summary
AI generatedThe Insurance Court of Finland allowed the claimant's request to classify bonus loss as property damage under the Act on Compensation for Damage Caused by Criminal Acts. The court found that the loss of bonus due to vehicle damage constituted a tangible reduction in the insured vehicle's value. Consequently, the court held that such financial loss must be compensated from state funds as a property damage claim.
Legislator headnote
AI generatedAct on Compensation for Damage Caused by Criminal Acts; The loss of bonus resulting from vehicle damage constitutes property damage under the Act on Compensation for Damage Caused by Criminal Acts and is therefore compensable from state funds.
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AI generatedFull text
Vaunuvahinkovakuutuksen bonusmenetyksestä aiheutunutta vahinkoa oli pidettävä rikosvahinkojen korvaamisesta valtion varoista annetussa laissa tarkoitettuna esinevahinkona. IV-jaosto