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06.03.2024
FROM MARCH 2, 2024, OWNERS OF MOTOR VEHICLES WILL BE ABLE TO ENTER INTO SHORT-TERM MTPL CONTRACTS
According to the amendments to the Law on Motor Third Party Liability Insurance, vehicle owners will be able to enter into a MTPL agreement for a period from one day to three months.
The cost of the policy in this case shall be calculated taking into account reducing ratios. The price of short policies will also depend on other ratios currently in force, including territorial ratio, drivers age and driving experience, bonus-malus coefficient, etc.
 

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