Motor third party liability insurance is valid for one premium paid for the entire term of the contract for the territory of the EU member states and the European Economic Area, which additionally includes Iceland, Liechtenstein and Norway, plus three other countries under the multilateral agreement between all these countries - these three countries are Andorra, Switzerland and Serbia. "This was said in the morning block of bTV by the Deputy Chairman of the Financial Supervision Commission Ralitsa Again.
"Drivers cannot be denied compensation on the territory of these countries, because the insurance is valid, regardless of whether they are paid and whether discounts are made. In case of violation by the insurer, people can turn to us," he added. Again.
Relatively recently we have signals for such violations and therefore the fines and sanctions on our part are not very numerous. In no case do I think that the price of the Civil Liability Insurance will increase after the instructions we give to drivers with regard to the requested additional fees ", added the deputy chairman of the commission.
Source: Insurance.bg
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