Insurance articles
Practical explanations from a broker's practice – how covers actually work, what to check in a quote, and which mistakes cost the most.
Board member liability insurance: when it helps
Real cases in Latvia and abroad, Side A and Side B explained, why the deductible should be EUR 0 and where threats arise even for an honest owner who runs their own company.
26 September 2026 · Kristaps Račko · ~26 min
Read about board member liability →Extended car warranty and GAP FLEX: what Mango Insurance covers
Warranty for used cars up to 10 years old and 250,000 km, GAP FLEX for cars without KASKO and real claim examples – what is covered, how to choose the limit and what to check.
22 September 2026 · Kristaps Račko · ~8 min
Read about the warranty and GAP →Plant insurance extensions: what a hire business can negotiate
Six extensions worth asking for by name: cover while on hire, the hirer breach clause, replacement plant – and what insurers will not agree to.
20 August 2026 · Kristaps Račko · ~9 min
Read about CPM extensions →What a contractor's liability policy does not cover in the client's building
Compulsory liability insurance covers third parties, not the client. Two independent exclusions, why they work as they do, and where a CAR policy fills the gap.
17 August 2026 · Kristaps Račko · ~8 min
Read about the liability exclusions →Tesla KASKO in Latvia: what to check on repairs, recovery and glazing
Deductibles, choice of repairer and service network, transport to Vilnius, glazing, the charging cable and a courtesy car – what a Tesla owner should check before signing.
21 July 2026 · Kristaps Račko · ~10 min
Read the Tesla KASKO guide →BESS insurance: what a completed battery storage project taught
Why standard property policies do not fit BESS projects, what the specific thermal risks are, and what a completed project of this kind means in practice in Latvia.
14 July 2026 · Kristaps Račko · ~3 min
Read about BESS insurance →MTPL for e-scooters and e-bikes in 2026: who needs it, what it costs, how to avoid a fine
From 1 May 2026 MTPL is compulsory for self-propelled cycles too. Who needs a policy, what it costs, what the penalties are and how to insure the rider as well.
13 July 2026 · Kristaps Račko · ~2 min
Read about MTPL for e-scooters →EURORISK – an A-rated company: what that means for you
SIA EURORISK, the insurance brokerage I am a partner in, has been awarded the State Revenue Service's highest A rating. What that assessment means for a client.
13 June 2026 · Kristaps Račko · ~2 min
Read about the A rating →Political violence insurance: new protection for companies
Political violence cover indemnifies property damage caused by war, terrorism, riots and sabotage. What it covers and which companies in Latvia should look at it.
13 June 2026 · Kristaps Račko · ~2 min
Read about political violence cover →MTPL prices in 2026: what drives them and how to save
What affects the price of MTPL in 2026 and how to pay less legitimately – insurance history, the policy term and the most common mistakes that push the price up.
10 June 2026 · Kristaps Račko · ~2 min
Read about MTPL prices →How to choose a KASKO deductible without overpaying
What a KASKO deductible is, how it affects the premium, and how to pick an amount that balances the annual saving against what you actually pay at a claim.
5 June 2026 · Kristaps Račko · ~2 min
Read about the KASKO deductible →Travel insurance: what it covers and what people forget
What travel insurance covers, why the European Health Insurance Card alone is not enough, and how to choose cover that matches the real risk of the trip.
1 June 2026 · Kristaps Račko · ~2 min
Read about travel insurance →