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

35 billion leva are needed for complete rehabilitation of Bulgaria's road network

The complete rehabilitation of Bulgaria's road network, including all compromised road sections, would cost around 35 billion leva, regional minister Ivan Ivanov told bTV. He added that it was not clear where these funds could be found. 13,000..

published on 4/14/25 8:40 AM

Minister Gutsanov attends open lesson on the risks of vaping, laughing gas and designer drugs

Social Minister Borislav Gutsanov will attend an open lesson today at the Alexander Pushkin Secondary School in Varna, organized by the State Agency for Child Protection. The event is part of the campaign that informs children..

published on 4/14/25 7:00 AM

Warming starts, but snowfall expected in the mountains

On Monday, it will be mostly cloudy over most of the country and in some places it will rain. The lowest temperatures will be between 4° and 9°C; in Sofia - about 6°C. The highest will be between 13° and 18°C, slightly lower along..

published on 4/13/25 6:35 PM