Legislator Case Law & Legislation
VakO 23.10.1981/10:81 AI generated

Insurance court ruled bonus loss from vehicle damage counts as property damage under state liability law.

Case Number VakO 23.10.1981/10:81
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Allowed / Granted

Legislator summary

AI generated

The 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 generated

Act 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.

Keywords

AI generated
bonus loss property damage state liability criminal compensation vehicle damage insurance court financial loss

Cited Legislation

AI generated
Act on Compensation for Damage Caused by Criminal Acts
AI generated

Need to analyze how this precedent applies to your matter?

Cross-reference this judgment against statutes, commentaries, and subsequent citing case law inside Legislator AI.

Open in Legislator →

Full text

Vaunuvahinkovakuutuksen bonusmenetyksestä aiheutunutta vahinkoa oli pidettävä rikosvahinkojen korvaamisesta valtion varoista annetussa laissa tarkoitettuna esinevahinkona. IV-jaosto