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

President Radev hopes that North Macedonia will demonstrate political will and open its path to the EU

President Rumen Radev held a phone conversation with the EU Special Representative for the Belgrade-Pristina Dialogue and other Western Balkan Regional Issues Miroslav Lajčák. The two discussed aspects of the European integration process of the..

published on 1/22/25 5:53 PM

UPDATED Yemen's Houthis release Galaxy Leader crew, including two Bulgarians

Yemen's Houthi rebels from the Ansar Allah group have released the crew of the Galaxy Leader, which was hijacked in the Red Sea in late 2023, BNT reported. The captain and the chief mate are Bulgarian citizens. Reuters reports that the crew was on..

published on 1/22/25 3:55 PM

Prime Minister Zhelyazkov outlines new government's plans to European Commission

"During our meeting with the President of the European Commission, it was crucial to reaffirm the mutual trust between the new Bulgarian government and the new Commission, " said Bulgarian Prime Minister Rosen Zhelyazkov after his meeting with Ursula von..

published on 1/22/25 1:17 PM