Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

The Third Party Liability insurance may become more expensive due to the increase in compensations

Photo: BGNES

The compulsory Third Party Liability insurance for car owners may become more expensive due to changes in the Insurance Code, submitted by the government in parliament. This warning came from insurers who are dissatisfied with the planned removal of the 5,000 BGN cap on compensation for individuals outside the closest circle of people killed in a road traffic accident.

The 5,000 BGN cap was temporarily introduced until the adoption of a methodology for determining compensation amounts, but such a methodology has not yet been adopted. The European Commission considers the Bulgarian cap to be contrary to the 2009 Directive relating to insurance against civil liability in respect of the use of motor vehicles.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

More than 120 take part in the reenactment of the battle at Buzludzha

The last battle of the legendary Bulgarian voivode Hadji Dimitar and his men against the Ottoman troops in 1868 will be reenacted for the 11 th time, Nikolay Baynov from the National Association Tradition in Kazalnak told the BNR. More..

published on 7/19/25 9:10 AM

Weather forecast: Temperatures start to creep up over the weekend

On Saturday minimum temperatures will range between 10° C.  and 19° C., for Sofia 10° C.  During the day there will be sun with cumulus clouds after midday, and rain and thunder in some parts of the mountain regions of Southern Bulgaria. There will..

published on 7/18/25 6:35 PM
Minister of Energy Zhecho Stankov and Assistant Secretary for International Affairs at the U.S. Department of Energy Tommy Joyce (left to right).

The Energy Minister: The USA is a powerful ally on key regional projects.

A Bulgarian delegation led by Energy Minister Zhecho Stankov held a series of meetings with representatives of the US State Department and the Department of Energy in Washington . The discussions centred on strengthening the strategic partnership..

published on 7/18/25 6:16 PM