Despite the higher fees imposed by the FSC, Civil Liability Insurance will not increase in price

Publish date 02 November 2016
Despite the higher fees imposed by the FSC, Civil Liability Insurance will not increase in price image

Despite the plans of the Financial Supervision Commission (FSC) to increase the fees of the supervised persons, the Civil Liability Insurance will not increase in price. The increase of 30%, which is being talked about, is speculative and it is not real. of "Civil Liability" is an increase in the number of damages, and so far such is not observed.

In Bulgaria the price of the Civil Liability Insurance is one of the lowest. Now it ranges between 120 and 200 BGN. Its price depends on the area of issue and the number of damages.